Category: Economy
PSUs to get concessional forex swaps to boost external borrowings
Mumbai: Reserve Bank of India (RBI) will unveil a concessional foreign exchange swap facility valid until September 30 to incentivise external commercial borrowings (ECBs) by…
IT secretary signals stricter govt controls for AI, biometric devices
New Delhi: India will need to expand strategic autonomy and control over hardware connected to artificial intelligence (AI) and biometric authentication systems, electronics and information…
For a few dollars more: Inflation bypass can hurt
It is a bit of a puzzle for a Monetary Policy Committee with an inflation-targeting mandate to unanimously vote for keeping policy rates and stance…
India can increase seafood exports to $30 billion in five years: Piyush Goyal
Commerce and industry minister Piyush Goyal Friday said India can boost annual seafood exports 2.5 times to $30 billion over the next five years, while…
Govt to tap AI for mapping supply chains and investment clusters
New Delhi: India’s Statistical Business Register (SBR) will help map supply chain linkages, identify investment clusters and guide public investment in logistics infrastructure with the…
Oman ports emerge as India’s gateway to West Asia, Africa
New Delhi: As the India-Oman CEPA came into force on June 1, the Gulf nation’s ports of Sohar, Salalah and Duqm in the Indian Ocean…
India can regain 7% growth by FY28: Chief Economic Advisor V Anantha Nageswaran
New Delhi: India can sustain a more than 7% growth rate this fiscal year, supported by policy measures and structural reforms, said V Anantha Nageswaran,…
RBI deputy governor Swaminathan J gets two-year extension
Kolkata: The union government has extended Reserve Bank of India deputy governor Swaminathan Janakiraman‘s term for another two years with effect from June 26, 2026,…
FY26 growth higher than anticipated, shows India’s resilience: MoSPI Secretary
New Delhi [India], June 5 (ANI): India’s GDP growth of 7.7 per cent in FY2025-26 came in higher than anticipated in the Second Advance Estimates…
India’s economy faces threats that currency band-aid can’t fix
India’s government and central bank took coordinated steps on Friday to spur foreign inflows, providing an immediate boost to the beleaguered currency. The challenge for…