Rupee being increasingly used for imports and exports: RBI report
Mumbai: Rupee is being increasingly used for import and export invoicing over the years, showed the data compiled by the Reserve Bank of India, which…
India’s $360 billion infra investments slash logistics cost to 10-10.7% in FY26: CII-Knight Frank
New Delhi: India’s cumulative investments of nearly USD 360 billion in infrastructure development over the last decade has significantly slashed India’s logistics cost to 10-10.7…
Sensex crashes 1,000 points, Nifty slumps 359 amid sharp sell-off after 3 pm
Indian benchmark indices witnessed a dramatic sell-off in the final hour of trade on Friday, with the BSE Sensex plunging 1,092.06 points to settle at…
India-Oman CEPA to strengthen energy security, trade resilience and export growth: Report
New Delhi: The India-Oman Comprehensive Economic Partnership Agreement (CEPA), set to come into force from June 1, 2026, is expected to significantly strengthen bilateral trade,…
RBI’s currency printing cost falls 23.5% in FY26 despite rise in cash circulation
Mumbai: The Reserve Bank of India‘s expenditure on printing currency notes fell 23.5% to Rs 4,875.2 crore in 2025-26 from Rs 6,372.8 crore in the…
‘Expect trade deal to be signed in next few weeks and months,’ US Envoy to India Sergio Gor
New Delhi: US Ambassador to India Sergio Gor has given a positive signal on the signing of the US-India Trade deal saying he hopes that…
Fake Rs 500 notes surge 20% as counterfeits rise across banking system
Mumbai: Counterfeit currency detection in India’s banking system rose 5.7% to 2,29,746 pieces in 2025-26 from 2,17,396 pieces in the previous year, with fake Rs…
RBI to hold rates in June; majority now expect hike by year-end: Poll
The Reserve Bank of India will keep its key interest rate unchanged at 5.25% in June, according to most economists in a Reuters poll, although…
Govt to roll out social security schemes for gig workers; e-Shram integration deadline set for June 22
New Delhi: The government is moving to roll out social security benefits for gig and platform workers, including accident insurance, health coverage, maternity support and…
RBI warns prolonged West Asia conflict could hit India’s economy
Mumbai: A prolonged West Asia conflict remains the key downside risk to India’s economic outlook even as the Reserve Bank of India (RBI) projected real…