Category: Economy
India needs double-digit factory growth, Bank of America says
India will need to sharply accelerate manufacturing growth to meet its long-standing ambitions for the sector, according to Bank of America economists, who point to…
Your sweet tooth craving may get a little more expensive
Your next pack of cookies, chocolates or ladoos could come with a higher price tag. With sugar prices staying elevated, consumer goods companies are considering…
India’s central bank withdraws over 6 trillion rupees of bank liquidity after record spike
MUMBAI: The Indian central bank absorbed more than 6 trillion rupees ($63.53 billion) through cash withdrawal operations on Monday, a day after banking liquidity surged…
From dialogue to delivery: Turning 3 decades of ASEAN-India agri-cooperation into farmers’ prosperity
The 9th ASEAN-India Ministerial Meeting on Agriculture and Forestry (AIMMAF), scheduled for September 9, 2026, in New Delhi, will follow an established sequence: the 10th…
RBI’s liquidity test may set future course
Mumbai: The outcome of the 30-day variable rate reverse repo (VRRR) auction to absorb ₹7 lakh crore will be a key determinant of how the…
Govt mandates manual verification of imported drugs and medical devices due to SWIFT 2.0 system gap
The Centre has asked customs officers to manually verify licences, permissions and registration certificates before clearing imported drugs, medical devices, cosmetics and a wide range…
Finmin secures $1 billion IFC funding for MSMEs; $500 million already released to Sidbi
New Delhi: India has secured $1 billion in funding from the International Finance Corporation (IFC) to help banks and financial institutions provide more long-term credit…
Engineering goods exporters seek mandate on carbon emission certificate under EU norms
New Delhi: Engineering goods exporters have sought a mandate from the government on carbon emission certificates as without it, small companies would be unable to…
Govt mulls FDI liberalisation in plantation sector
New Delhi: The government is considering liberalising foreign direct investment (FDI) norms in the plantation sector by bringing more commercial crops under the ambit, an…
GST Council meeting likely to be postponed, say sources
The 57th meeting of the Goods and Services Tax (GST) Council meeting is likely to be postponed, with a final decision expected tomorrow after consultations…