Category: Economy
Government extends validity of TRQ license for gold imports under trade pact with UAE
NEW DELHI: The government on Tuesday extended the validity of licences issued for gold import at quota-based duty concession under a free trade pact with…
RBI building more digital payments intelligence platforms to empower users: ED
Mumbai: The Reserve Bank is developing more digital public infrastructure and payments intelligence platforms by leveraging artificial intelligence and application programming interfaces to enhance customer…
Goldman Sachs cuts India’s 2026 growth forecast to 5.9%
Goldman Sachs on Tuesday lowered India’s 2026 growth forecast to 5.9% compared to its pre-Iran war estimate of 7%, while predicting a 50 basis points…
India’s vegetable oil buyers step back, betting Iran war-driven rally will ease
Mumbai: Indian vegetable oil refineries are curtailing purchases of palm oil, soyoil and sunflower oil, betting that the Iran war-driven price rally will not last…
India can mobilise Rs 8 lakh cr per year for road projects: Gadkari
Mumbai: Concerned over the slow pace of spending in the highways sector, Union Minister Nitin Gadkari on Tuesday said the government can mobilize up to…
RBI’s policy battle amid oil shock, rupee pressure to be complex as many challenges ahead: Report
The Reserve Bank of India‘s (RBI) policy response to the ongoing energy price shock is likely to be challenging due to multiple trade-offs involving inflation,…
Farmers’ income doubled, Government driving agriculture push: Shivraj Singh Chouhan
New Delhi, Union minister Shivraj Singh Chouhan on Tuesday told the Lok Sabha that the government has taken various initiatives for the agriculture sector and…
Israel, Iran War: Goldman Sachs slashes India growth forecast, warns currency strain will force rate hike
Mumbai: Goldman Sachs has pared its growth estimate for India for 2026, while forecasting a 50 basis points hike in policy rates as the South…
India’s private sector growth hits 3 year low as Middle East war hits demand
Bengaluru: India’s private sector expanded at its weakest pace in over three years in March as price shocks from the U.S.-Israeli war on Iran dampened…
From India to Italy, Trump’s Iran war is rippling through the world economy
The supply shockwaves from the US and Israel’s war in Iran are spreading across the global economy, raising concerns about an inflation hit to companies…