Category: Economy
Issues related to India-EFTA trade pact implementation may figure during Piyush Goyal’s Switzerland visit
New Delhi, Issues following the implementation of the India-EFTA free trade agreement are expected to be discussed during the visit of Commerce and Industry Minister…
Centre clears Rs 1,663-crore first phase of Kollam-Theni NH project: Cong MP Suresh
Alappuzha: The Centre has granted administrative and technical approval worth Rs 1,663.15 crore for the first phase of the Kollam-Theni National Highway (NH-183) development project,…
South Asia can generate millions of jobs through agriculture sector: World Bank Group
With agriculture sector employing around 43 per cent of the South Asian workforce, the region has strong potential to emerge as a global leader in…
India’s economic growth rate to weaken at 6.6% in FY27 on slower investments, consumption: BMI
New Delhi: India’s GDP is likely to grow at 6.6 per cent in the current fiscal as compared to 7.7 per cent in FY26, on…
Credit guarantee scheme for MFI 2.0 gets extension
New Delhi: The Centre has extended the Credit Guarantee Scheme for Microfinance Institutions-2.0 (CGSMFI-2.0) up to August or until guarantees for an amount of ₹20,000…
No overcapacity in steel, textiles; India’s consumption remains low: DGTR
New Delhi: India does not have surplus capacity in textiles and steel sectors, as the country’s per capita consumption of these products remains among the…
India, UAE move to expand strategic crude reserves; Abu Dhabi-linked oil storage may rise to 30 mln barrels
Abu Dhabi: As India seeks to secure energy supplies amid continuing geopolitical uncertainty in West Asia, New Delhi and Abu Dhabi have begun operationalising plans…
RBI proposes unified framework for banks’ risk, compliance and audit functions
Kolkata: The Reserve Bank of India on Wednesday issued a draft consolidated framework for its supervisory instructions related control and assurance functions of banks and…
Agriculture Ministry’s FY27 budget at Rs 1.4 lakh crore a five-fold jump from 2013-14 level
New Delhi: The Narendra Modi-government has increased the annual budget for the agriculture ministry by five-fold in the last 12-years to Rs 1.4 lakh crore…
Over 1 lakh guarantees totalling Rs 48,484 cr issued under ECLG scheme since May 5: FinMin
The number of guarantees issued under the Emergency Credit Line Guarantee Scheme (ECLGS) 5.0 has crossed 1 lakh, with the total amount reaching Rs 48,484…