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Posted in Economy

Cabinet nod to Rs 54,926 crore plans: BHAVYA parks, support for cotton farmers, UP highway, hydro push

The Union Cabinet on Wednesday approved proposals worth Rs 54,926 crore, Union Minister Ashwini Vaishnaw said at a briefing. Among them is a Rs 33,660…

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Cabinet approves Rs 11,712 crore MSP support for cotton in 2023-24; 7.25 lakh farmers benefit

The Cabinet on Wednesday approved Rs 11,712 crore as minimum support price (MSP) support for cotton in the 2023-24 season, benefiting around 7.25 lakh farmers,…

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BHAVYA Scheme gets Cabinet nod: Govt approves plug-and-play industrial parks plan with Rs 33,660 cr outlay

The Union Cabinet Committee on Wednesday approved the Bharat Audyogik Vikas Yojna (BHAVYA), with an allocation of Rs.33,660 crore for developing 100 plug-and-play industrial parks…

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India launches anti-dumping probe into ethyl chloroformate imports from China

New Delhi: India on Tuesday opened an anti-dumping investigation into ethyl chloroformate imports from China after a domestic producer alleged the chemical used in pharmaceutical…

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India needs a forex reserve buffer of at least $1 trillion for robust intervention capacity, according to former RBI Deputy Governor Michael Patra. (Reuters)
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RBI’s defence of rupee vs dollar is weighing on India’s forex reserves| Business News

The Reserve Bank of India’s recent defence of the rupee vs dollar is weighing on the nation’s foreign exchange reserves, prompting calls from some analysts…

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The rupee has fallen 5.3% against the US dollar so far this year, putting it on track for its steepest annual decline since 2022. (Reuters)
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Rupee slumps to record low even as Goldman Sachs warns of 95/dollar levels| Business News

Goldman Sachs Group Inc. has warned that the Indian Rupee (INR) could tumble to 95 against the US Dollar (USD), even as the local currency…

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India’s privatisation drive derails because of weak investor interest

New Delhi: India is considering shelving three planned privatisation sales amid weak investor appetite, two government sources said, a slump that has already derailed its…

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The National Stock Exchange last week appointed about 20 banks to work on the NSE IPO.
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NSE is said to set modest fee for its $2.5 billion IPO at just 0.65%| Business News

The National Stock Exchange of India has set advisory fees at about 0.65% of the issue size for its upcoming IPO, according to people familiar…

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Signage during India Energy Week in Goa in January 2026. India imports about 90% of its crude oil and nearly half of its LPG. (Bloomberg)
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Iran war impact to show on India GDP, inflation in risk to ‘Goldilocks’ economy| Business News

Surging crude oil prices and acute LPG shortage are rippling through the Indian economy as the Iran war drags on, disrupting industries and prompting analysts…

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Big bets, weak ground: Why AI in Indian agriculture needs stronger data, oversight

The most important technological development of the decade, without a doubt, is artificial intelligence (AI). Ever since its arrival, it has changed how we work…

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