India invokes WTO peace clause for FY25 rice subsidies for farmers
New Delhi: India has invoked the peace clause for the seventh time for exceeding the 10% ceiling on subsidies offered to rice farmers under the…
Current growth trajectory paves way for India to be a developed nation by 2047: Jeffrey D Sachs
New Delhi: India will be a developed nation by 2047, if the country continues its current economic growth trajectory, renowned economist Jeffrey D Sachs said…
Govt develops export monitoring framework to meet FY31 $2 trillion export target
New Delhi: The Department of Commerce has developed a structured Export Monitoring Framework which breaks down the national target into sector-wise actions across engineering goods,…
Woking on Jan Vishwas bill 3 to further improve business environment: Piyush Goyal
New Delhi: After decriminalising a number of minor offences under various laws, Commerce and Industry Minister Piyush Goyal on Wednesday said the government is working…
ICRA cuts Ola Electric’s rating as competition, poor brand perception hit performance
EV manufacturer Ola Electric Technologies has been downgraded by the rating agency ICRA, citing low sales, continued losses, and a delayed timeline to profitability, even…
RBI launches 3 key surveys for monetary policy input
Mumbai: The Reserve Bank on Wednesday announced the commencement of three key surveys, including on inflation expectations, to collect inputs for its monetary policy. The…
ADB cuts growth outlook of Asia to 4.7% as West Asia disruptions deepen
New Delhi, The Asian Development Bank (ADB) on Wednesday downgraded its 2026 economic growth outlook to 4.7 per cent from 5.1 per cent earlier for…
RBI allows banks to extend relief measures to borrowers without their requests in disaster-hit areas
Mumbai: Banks are allowed to extend relief measures to all borrowers without waiting for their requests, according to the Reserve Bank’s revised guidelines for calamity-affected…
West Asia conflict raises inflation risks; India’s domestic strength offers cushion: Finmin report
New Delhi, The ongoing conflict in West Asia poses a significant supply-side shock with rising risks to inflation, trade and financial flows, though India’s strong…
RBI rejects NBFC pleas on funds, norms tightening
Reserve Bank of India (RBI) has rejected non banking finance companies (NBFC’s) suggestion to exclude equity investment in the group entities from being referred to…