Category: Economy
India’s richer households are fuelling a market-investing boom
New Delhi: India’s medium-term economic growth is expected to be driven by strong domestic consumption, sustained public infrastructure spending and a revival in private investment,…
A dozen ingredients show India’s mounting food inflation risk
For a snapshot of India’s rising food costs, look no further than the traditional thali, the ubiquitous set meal that puts many of the country’s…
Merchant fee on UPI rolling out as transaction floor set at Rs 2,000
New Delhi: India on Monday exempted transactions of up to ₹2,000 through Unified Payments Interface and all RuPay debit card payments from any charges imposed…
Retail inflation in August rises to 4.8%, wholesale print up 9.9%
New Delhi: India’s price pressures intensified in August, with retail inflation accelerating to 4.8%, its highest level since the introduction of the revised Consumer Price…
DBT transfers reach Rs 2.08 lakh crore
New Delhi: The total direct benefit transfer (DBT) under 320 welfare schemes and subsidies has reached ₹2.08 lakh crore so far in the current fiscal,…
China is now ready to address trade concerns with India
New Delhi: China said Monday it stands ready to work with India to “properly” address each other’s economic and trade concerns in a balanced manner…
For Bengali palates, it’s about fish fulfillment
Kolkata: It’s the time of the year again for connoisseurs of the hilsa in India to look to Bangladesh for satiating their cravings. Since India’s…
Central database may be used for financial oversight, risk monitoring
New Delhi: The government plans to leverage the Central Registry of Securitisation Asset Reconstruction and Security Interest of India‘s (Cersai) expanding database to further strengthen…
RBI repo rate: SBI Research, IDFC First expect rate hike in October as crude prices climb: Higher oil prices & inflation raise likelihood of policy tightening
Some economists have brought forward their forecasts for a rate hike by the central bank to as early as October, overturning earlier expectations that the…
New Delhi summit boosts India-EAEU FTA negotiations
New Delhi: The negotiations for a free trade agreement (FTA) between the Russia-led Eurasian Economic Union (EAEU) and India picked up momentum last week on…