Tag: West Asia crisis
India eyes more FDI, speed up divestment, asset monetisation as economy faces external risks
New Delhi: The government plans to push ahead with reforms, including further measures to boost foreign investment, speeding up divestment and asset monetisation, as it…
Central bank turns piper to draw in foreign capital; leaves repo rate at 5.25, keeps stance neutral
Mumbai: The Reserve Bank of India (RBI) Friday announced a host of measures to attract foreign currency inflows, aimed at strengthening external buffers, even as…
RBI likely to hold rates as West Asia crisis impact on growth remains unclear: Bank of Baroda Report
Mumbai: The Reserve Bank of India (RBI) is likely to maintain the status quo on interest rates in its monetary policy announcement on Friday as…
Localisation lens on 500 most-imported items: DPIIT analysing data; move aims to reduce country’s import bill
New Delhi: The government is examining 500-odd heavily imported products including machinery, fertilisers, chemicals, cotton staple fibre, plastics, silicon wafers and carbon fibres, to identify…
RBI MPC meet: Central bank likely to maintain status quo on rates, adopt cautious approach amid West Asia crisis
Mumbai: The Reserve Bank is expected to leave the key policy rate unchanged at 5.25 per cent this week and adopt a cautious stance that…
Measures like tax relief, import curbs can shield India from West Asia crisis: Report
New Delhi: India needs to undertake measures such as tax moderation to boost export competitiveness, targeted import curbs on non-essential and demerit goods, and time-bound…
West Asia crisis may soon make everyday goods costlier in India
New Delhi: The sharp rise in global commodity and energy prices triggered by the West Asia conflict is beginning to spread beyond crude oil and…
India’s fertilizer subsidy may cross ₹3 lakh crore if West Asia crisis prolongs
New Delhi: India’s fertiliser subsidy could cross a record Rs 3 lakh crore this fiscal if the West Asia crisis persists, overshooting the budgetary allocation…
India’s fertiliser subsidy bill for FY27 may rise by Rs 70,000 cr on West Asia crisis, official says
New Delhi: The government’s fertiliser subsidy bill for 2026-27 may surge by Rs 70,000 crore to Rs 2.41 lakh crore, driven by rising import costs…
India’s forex reserves jump by $6.295 billion to $696.988 billion
Mumbai, India’s forex reserves jumped by $6.295 billion to $696.988 billion during the week ended May 8, the Reserve Bank said on Friday. The overall…