Category: Economy

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RBI to simplify onboarding process for MSMEs on TReDS

Mumbai, The Reserve Bank on Wednesday proposed to drop the due diligence requirement for MSMEs to onboard TReDS platforms to promote ease of doing business…

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NITI Aayog lays out roadmap for horticulture transformation in J&K

NITI Aayog has proposed a mission project ‘Operation Golden Greens’ for horticultural transformation in the union territory of J&K, aimed at enhancing India’s exports in…

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RBI sees BoP improving despite oil risks, remittances to stay strong

Kolkata: The central bank expects India’s balance of payment (BoP) situation to improve, although elevated crude oil prices could initially widen the current account deficit…

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India’s attractiveness as investment destination to improve this year: RBI DG Gupta

Mumbai, The relative attractiveness of India as an investment destination is likely to improve this year due to various factors, like strong macroeconomic fundamentals and…

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NHAI to develop ‘Arogya Van’ on vacant land along NHs

The National Highways Authority of India (NHAI), Wednesday, said it will plant medicinal tree species on vacant land parcels along the National Highways, a move…

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Women borrowers hold Rs 76 lakh crore credit portfolio: Report

New Delhi: Women borrowers in India hold a credit portfolio of Rs 76 lakh crore, which represents 26 per cent of the total system credit…

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India doing better than Asian peers, well placed to attract more foreign investment: RBI

Kolkata: India is performing better than rival Asian economies and is well placed to secure higher overseas investment flows due to its attractive valuations and…

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RBI’s calibrated decision aimed at strengthening economic environment: Experts

New Delhi, The Reserve Bank’s decision to maintain status quo on interest rate is a calibrated approach to strengthen macro economic environment against the backdrop…

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India eyes higher farm output this year, confident of supporting global food supply amid uncertainty: DARE Secy Jat

India is well-prepared for the current global scenario and expects higher farm output this year, strengthening domestic food security and enabling support to other countries…

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Iran ceasefire taken into account for policy decision: RBI

Mumbai: Reserve Bank Governor Sanjay Malhotra on Wednesday termed the ceasefire between the US and Iran as “pleasant news”, which was taken into account while…

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