Category: Economy
Keeping close watch on supply shock, impact on inflation: RBI Guv Sanjay Malhotra
Mumbai: The Reserve Bank is keeping a close vigil on whether and when supply shocks get embedded in the general price level, warranting monetary policy…
Credit card transactions jump 2.6 times in four years: RBI report
Mumbai, Credit card transactions in the country rose over 2.6 times between calendar years 2021 and 2025, with private sector banks further increasing their market…
Captain Polyplast starts production at new Ahmedmad facility
Mumbai: Solar EPC firm and micro-irrigation products maker Captain Polyplast Limited on Saturday announced that it has started production at its newly constructed manufacturing facility…
India should increase investment in R&D to 2 per cent of GDP: Niti Aayog
New Delhi: India should significantly enhance its investment in research and development from the current level of 0.64 per cent to at least 2 per…
RBI discontinues investment fluctuation reserve requirement for banks
Mumbai, The Reserve Bank on Monday discontinued the requirement for commercial banks to maintain Investment Fluctuation Reserve (IFR), an additional buffer to hedge against depreciation…
Not activating countercyclical capital buffer, says RBI
Mumbai: The Reserve Bank of India on Monday said it has decided against activating countercyclical capital buffer (CCyB) as the measure is not required in…
Current account deficit to widen to 2.3 per cent of GDP in FY27 from 0.9 pc in FY26: Report
Mumbai: India’s current account deficit is set to widen to 2.3 per cent of GDP in FY27 from 0.9 per cent in FY26, a foreign…
India’s fertiliser subsidy bill for FY27 may rise by Rs 70,000 cr on West Asia crisis, official says
New Delhi: The government’s fertiliser subsidy bill for 2026-27 may surge by Rs 70,000 crore to Rs 2.41 lakh crore, driven by rising import costs…
‘Track imports, manufacture in India’: Piyush Goyal pushes swadeshi production
Union Commerce and Industry Minister Piyush Goyal on Monday asked Indian businesses to closely track the country’s import trends and identify products that can be…
El Nino spells trouble for kharif harvests across India
A study by scientists from an ICAR institute has found that El Niño events have historically reduced yields of major kharif crops in India, especially…