Category: Economy
RBI draft for upper layer non-banks affects CICs disproportionately, raises compliances costs
Mumbai: The Reserve Bank’s recently released draft on upper layer non-bank finance companies (NBFCs) impacts core investment companies “disproportionately” by upping compliance costs, a report…
Govt reviews rural schemes, supply chain woes to protect beneficiaries from Iran war impact
New Delhi: The rural development ministry on Monday said it has reviewed its key schemes, keeping in view the possible impact of the West Asia…
FY27 capex growth of states pegged at 8–10%: report
Mumbai: States’ capital expenditure growth is likely to slow down to 8-10 per cent in FY27 from 17 per cent in FY26, a report said…
India’s core sector growth contracts 0.4% in March 2026
India’s core industrial activity contracted in March 2026, with the combined Index of Eight Core Industries (ICI) falling 0.4 per cent year-on-year compared to March…
India growth resilient, markets near correction: HDFC Securities
New Delhi: In the backdrop of geopolitical tensions and a recent market correction, India’s real GDP growth is projected to be approximately 6.5 per cent…
India, South Korea to upgrade trade pact, deepen tech and supply chain ties
India and South Korea on Monday agreed to resume negotiations to upgrade their Comprehensive Economic Partnership Agreement (CEPA), as the two sides look to expand…
UP allows wheat sale at MSP without online registration
Lucknow: Farmers in Uttar Pradesh will now be able to sell wheat at government procurement centres even without having registered online, an official statement said…
South Korea’s Lee to seek big boost in economic ties in summit with PM Modi
SEOUL: South Korean President Lee Jae Myung heads into talks with Prime Minister Narendra Modi in New Delhi on Monday, aiming for a big boost…
Finance ministry may review MOOWR benefits for battery storage imports
New Delhi: The finance ministry may initiate consultations with the ministries of power and renewable energy this week on continuing customs warehousing benefits under the…
Gig workers social security scheme may have multiple fund managers
New Delhi: The labour ministry is considering a multi-manager model for the proposed social security scheme for gig and platform workers, anticipating that its programme…