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Posted in Economy

India’s April–February fiscal deficit at Rs 12.53 lakh crore, narrows on-year to 80.4% of FY26 aim

India’s fiscal deficit for the first eleven months of this fiscal year through February stood at Rs 12.5 lakh crore (about $132 billion), or 80.4%…

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India’s industrial growth rises to 5.2% in February from 4.8% in January

India’s industrial output accelerated in February 2026, with the Index of Industrial Production (IIP) expanding 5.2 per cent year-on-year, up from 4.8 per cent in…

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Every $10 rise in crude may add 60 bps to India’s inflation: CareEdge Global

Rising global crude oil prices due to tensions in West Asia could push up India’s inflation significantly, according to Revati Kasture, CEO of CareEdge Global…

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Government to likely halt disbursement under ECMS if design, Six Sigma quality not met: Ashwini Vaishnaw

New Delhi: The government may stop disbursement under Electronics Components Manufacturing Scheme (ECMS) if beneficiaries don’t invest in product design technology and meet Six Sigma…

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Delhi’s factory count rises but jobs lag, signalling shift in industrial growth

Employment in Delhi’s industrial sector has grown only marginally in recent years, even as the number of factories has increased, indicating a slow and uneven…

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Economy on firm footing, rupee doing fine compared to Asian peers: FM Nirmala Sitharaman

New Delhi: Finance minister Nirmala Sitharaman on Monday said the rupee is “doing fine” when compared with the relative performance of other emerging market currencies…

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Israel, Iran war: ‘Situation very vulnerable,’ Urea output impacted, India govt official says

Domestic production of urea has been impacted, making the current situation “very vulnerable”, Indian government official said on Monday as the Israel-Iran war entered its…

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Traders reckon that the Reserve Bank of India will likely step in to avert a sharp slide in the rupee against the US dollar. (PTI)
Posted in Business

Rupee breaches 95/dollar, bond yield tops 7% for first time since July 2024| Business News

The rupee fell to an all-time low and the bond yield crossed 7% for the first time since July 2024, as Reserve Bank of India’s…

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War fades the Goldilocks moment. RBI’s next move will matter

The moment of comfort did not last long. What looked like an unusually benign alignment of high growth and low inflation for India is now…

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Sashidhar Jagdishan, whose term as CEO ends in October 2026 unless extended, took over the helm from Aditya Puri in 2020. (Mint)
Posted in Business

HDFC Bank Chairman exit puts spotlight on CEO amid rumbles of top-level acrimony| Business News

The surprise resignation of HDFC Bank Ltd.’s part-time chairman that wiped out $16 billion from the market capitalisation of India’s biggest private lender, has put…

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