Category: Economy

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India’s forex reserves rise $964 million to $675.16 billion for week ended July 10

India’s foreign exchange reserves rose by $964 million to $675.16 billion for the week ended July 10, 2026, according to data released by the Reserve…

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West Asia crisis, uncertain monsoon major risks for growth: RBI Governor Sanjay Malhotra

New Delhi: Reserve Bank Governor Sanjay Malhotra has said the West Asia crisis and the expectation of a weak monsoon present significant risks to economic…

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EPFO launches six-month ‘VISHWAS 2026’ scheme to settle employer penalty disputes, promote compliance

New Delhi: The Employees’ Provident Fund Organisation (EPFO) has launched ‘VISHWAS, 2026’, a one-time dispute resolution scheme aimed at encouraging employers to settle long-pending damages…

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LPG subsidy bill may top Rs 1 lakh crore in FY27, create Rs 70,000 cr gap over Budget allocation

New Delhi: The government’s LPG subsidy bill could cross Rs 1 lakh crore in FY27, creating a gap of around Rs 70,000 crore over the…

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DS Group launches nano-fibre protection initiative for women farmers in Uttar Pradesh

Consumer goods maker and retailer DS Group has launched a new awareness and safety initiative for women farmers in Uttar Pradesh, introducing nano-fibre-based protective filters…

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Indian state-run banks estimate $30 bln flow from overseas deposit scheme, sources say

MUMBAI: Indian state-run lenders have told senior government officials they expect to raise nearly $30 billion through the central bank’s subsidised dollar deposit window, five…

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US Senate bill seeks 100% tariffs on India, 4 other nations for buying Russian oil

A bill seeking to impose 100 per cent tariffs on five countries, including India and China, for buying Russian oil, while exempting European nations purchasing…

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Iran war and monsoons key risk for Indian economy, says RBI Governor Sanjay Malhotra

India’s inflation remains elevated, with ongoing tensions in the Middle East and prospects of a weak monsoon season seen as key risks for the economy,…

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US less reliable? India may need to open the door wider to the Dragon

India should reconsider its economic approach towards China and allow more Chinese investment into its manufacturing sector as changing global trade dynamics make the US…

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India to launch headline Index of Services Production within months

India plans to roll out a headline Index of Services Production within months, the country’s statistics secretary said, giving investors a single monthly gauge of…

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