Category: Economy
India economy to regain its mojo, return to current account surplus: NITI Aayog’s Lahiri
New Delhi: NITI Aayog Vice Chairman Ashok Kumar Lahiri on Wednesday said the Indian economy has been doing reasonably well and that Asia’s third-largest economy…
RBI to expand retail forex access with five new currency pairs, plans wider global currency bouquet
The Reserve Bank of India will add five currency pairs to its retail foreign-exchange platform, expanding access for individuals seeking to transact in major global…
India seeks payment-system links in every FTA, Commerce Secy says: Report
India is seeking to link its payment systems with those of its trading partners as part of every free trade agreement it negotiates, as New…
UPI still has ‘lot of scope’ to grow, rural and offline access key challenges: NPCI CTO
Mumbai: The Unified Payments Interface (UPI) still has significant room to expand, particularly in reaching rural populations and developing offline payment solutions, National Payments Corporation…
Refiners to sell 2.5 lakh tonnes of white sugar in domestic market: Shree Renuka Sugars MD & CEO
New Delhi: Indian sugar refiners plan to sell around 2.5 lakh tonnes of white sugar in the domestic market, Shree Renuka Sugars Managing Director and…
India August consumer inflation likely hit 20-month high on food, fuel prices: Reuters poll
BENGALURU: India’s consumer inflation likely rose to a 20-month high in August, driven by higher food and fuel prices, marking a third straight month above…
India’s new supply-chain wonder is set to shift the gears of growth
India has completed a new piece of infrastructure, a supply-chain wonder, that could change the economics of moving goods across much of the country, and…
RBI may not need immediate CRR hike as liquidity surplus likely to moderate: UBI Report
New Delhi: The Reserve Bank of India may not need to raise the cash reserve ratio (CRR) in the immediate term as the banking system’s…
India Inc shakes off war worries as business confidence jumps in Q2
Business confidence in India increased in the second quarter of FY27, with companies expecting stronger domestic demand, higher capacity utilisation and increased hiring, even as…
Non-compliance notices issued to 15 Virtual Digital Asset service providers under PMLA
Notices for non-compliance were issued to 15 Virtual Digital Assets Service Providers (VDA SPs) by the Director of Financial Intelligence Unit-India (FIU-IND) on September 9….