Category: Economy
IMF says India remains growth engine for world, monitoring impact of higher oil prices
India remains a growth engine for the global economy, the spokesperson for the International Monetary Fund said on Thursday, noting that India’s second-quarter growth of…
RBI announces 26-day VRRR auction to absorb Rs 5 lakh crore surplus liquidity
Kolkata: The Reserve Bank of India will hold a 26-day variable rate reverse repo auction on Friday with a target to drain out Rs 5…
India’s new-age economy to triple to $300 billion by FY31: Redseer report
New Delhi: India’s new-age economy is projected to triple to USD 300 billion in revenue by financial year 2030-31, closely approaching the scale of the…
India’s BRICS trade deficit likely to remain key challenge as imports outpace exports: Report
New Delhi: India’s trade relationship with the BRICS bloc is likely to remain tilted towards imports, with the country’s goods trade deficit with the other…
Sweet trouble: Sugar prices surge to 17-month high as govt warns mills against festival hoarding
Raw sugar futures extended gains to their highest level since March 2025, driven by strong Indian import demand and delays to cane crushing in Brazil,…
Rupee weakens to 95.44 against dollar amid rising import bill and crude oil prices
Kolkata: The rupee weakened by another 0.35% to 95.44 a dollar amid concerns over rising import bill as the Brent crude crossed the $102 a…
Productivity enhancement may lead to further reduction in agriculture sector NPA: Nabard Chairman
Mumbai: Non-performing assets in the agriculture sector have dropped significantly, and boosting crop productivity alongside credit enhancement will drive further improvement, Nabard Chairman Shaji Krishnan…
India’s new industrial revolution takes shape across space, chips, data centres and solar
New Delhi: India is entering a new phase of industrialisation as rising domestic demand and government support draw private capital into emerging sectors including space,…
Delhi HC bars GST registration without biometric-based Aadhaar authentication
New Delhi: The Delhi High Court has ordered that Goods and Services Tax (GST) registration is no longer permissible without biometric-based Aadhaar authentication. A bench…
GFF 2026: India’s fintech transformation a result of innovation, inclusion & trust coming together, says RBI’s Sanjay Malhotra
Fintech’s biggest promise lies not merely in what technology can achieve, but in how widely its benefits can be felt across society, RBI Governor Sanjay…