Category: Economy
Finance Ministry plans to broaden Actuaries Act scope beyond insurance, pensions
New Delhi: The finance ministry plans to amend the Actuaries Act, 2006 to broaden the definition of actuarial science beyond insurance and pensions to include…
Smartphones emerge as India’s export champions in FY26
New Delhi: Smartphones led a 24% surge in India’s electronics exports in the last fiscal year as handset makers such as Apple and Samsung made…
India can grow above 7 pc even if crude oil costs USD 90-100/barrel: Assocham
New Delhi: The Indian economy, largely driven by consumption, has the potential to grow over 7 per cent annually even if crude oil costs USD…
Net sales growth of FDI companies moderated to 8.7% in FY25: RBI data
Net sales growth of the select FDI companies moderated to 8.7 per cent in 2024-25 from 9.4 per cent in the previous year, according to…
Impact on growth and inflation to depend on duration of West Asia conflict: MPC says
Kolkata: Reserve Bank of India’s monetary policymakers said a prolonged West Asia conflict could cast a long shadow on economic growth and inflation, although the…
RBI proposes measures to strengthen Prepaid Payment Instruments framework
Mumbai: The RBI on Wednesday proposed several measures to develop a more conducive framework for the long-term growth of Prepaid Payment Instruments (PPIs), including enhanced…
West Asia crisis: Govt considering customs duty cut on critical induction cooktop components
New Delhi: The government is considering cutting the customs duty on critical induction cooktop components to boost domestic manufacturing and address the price hike amid…
RBI measures on currency temporary to curb volatility, says deputy governor Sankar
Mumbai: Reserve Bank of India‘s (RBI) measures restricting banks’ net open positions is a temporary one to prevent volatility in the rupee, deputy governor T…
Agriculture exports up 2.8 pc to USD 52.55 bn in 2025-26
New Delhi: The country’s agriculture exports rose by 2.8 per cent to USD 52.55 billion in 2025-26 from USD 51.12 billion in 2024-25 despite global…
Hormuz crisis casts long shadow on India growth, inflation risks rise: RBI MPC minutes
The Monetary Policy Committee (MPC) minutes released by the Reserve Bank of India on Wednesday said the West Asia conflict and resulting disruptions in the…