Category: Economy
Nirmala Sitharaman and IMF Deputy MD Nigel Clarke discuss India’s economic outlook and global growth
Finance Minister Nirmala Sitaraman on Monday held discussions with IMF Deputy Managing Director Nigel Clarke on bilateral engagements and the economic outlook for India and…
CBIC releases import clearance checklist for cosmetics, drugs, and medical devices
The Central Board of Indirect Taxes and Customs (CBIC) has released a standardized checklist for Customs officers to review prior to approving import consignments of…
India’s growth seen above 7% in FY27 as investment, exports take centre stage: Report
New Delhi: India’s economic growth is likely to remain above 7 per cent in FY27, with the investment and export cycles expected to increasingly offset…
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…