Economy

Weak rains, services likely eased Q1 economic growth to 4-quarter low

India's GDP growth is likely to ease to around 7.2% in Q1 FY27, a four-quarter low, amid softer services activity and a delayed monsoon despite resilient domestic demand

Resolved RBI embargo within 45 days in 2024: Navi Finserv MD & CEO

'Our target group has been young middle class. Over the years, we have graduated to a slightly higher ticket size doing about Rs 1.5 lakh in average ticket size in unsecured credit or personal loans;

Digital divide keeps women out of India's gig economy, says report

Women remain under-represented in India's platform economy despite near parity in bank-account ownership, as digital capability and credit-access gaps persist

Service producer prices show mixed trend across sectors in Q1FY27

Air passenger service prices rose nearly 32 per cent year-on-year in Q1 FY27, while banking and securities transaction services recorded declines, provisional data showed

58% of FY27 fertiliser subsidy budget used in less than 5 months

Over half of India's FY27 fertiliser subsidy has been exhausted in under five months as global prices surged, raising the prospect of higher government spending

No shortage of sugar in India, retail prices to come down soon: ISMA

Sugar prices are expected to ease within 10 days as early crushing, duty-free imports and government measures boost supplies, while India lifts its wheat export ban

Onion prices up 59%, govt ramps up 'Kanda Express' supplies to cool market

The Centre is using dedicated railway rakes to move buffer onions from Nashik to major cities as retail prices surge and seasonal shortages loom

Economic activity growth eases to 11.4% in July from 12.1% in June: ICRA

Mining, electricity, e-way bills and domestic air traffic weighed on growth in July, while cement and coal output strengthened and unemployment declined

FM Sitharaman to visit Canada and US from August 25 to September 2

Finance minister will hold bilateral and investor meetings in Canada and the US, and lead the Indian delegation at the G20 finance ministers' meeting in Asheville

Govt lifts ban on wheat exports in boost to war hit global supply

The government has permitted exports of wheat, including the durum variety, as well as flour and other products

India, Gulf Cooperation Council discuss next steps on free trade agreement

The meeting took place on Sunday, where both sides discussed ways to strengthen India-GCC relations, exchanged views on regional and international developments

Weekly policy watch: RBI liquidity move, IIP data, forex reserves in focus

The week's policy calendar will focus on RBI liquidity management, industrial production and forex reserves

India negotiating FTAs with 8-9 blocs, aims to cover 75% of trade: Goyal

He added that the country's free trade agreements would eventually cover about 75 per cent of global trade and help position India as a trusted partner in global value chains

US-Canada trade flux may give India an edge in Ottawa negotiations

After the talks collapsed on Saturday, the US has imposed 50% tariff on $20 billion Canadian goods and Ottawa has vowed it would impose "dollar-for-dollar" retaliatory tariffs from September 8

Security cover: Pension plan for construction workers likely under EPF0 3.0

EPFO is weighing a pension scheme for construction workers using surplus BoCW cess funds, potentially expanding social security coverage to millions of informal-sector workers

How Bengaluru transformed from pensioners' paradise to India's IT capital

Bengaluru's transformation into India's tech capital has powered jobs, wealth and innovation, but rapid urbanisation has come at a steep cost to infrastructure, mobility and its natural ecosystems

The big BIT reset: Why India is rethinking its investment treaty model

Recent treaties with the UAE and Israel point to shorter arbitration timelines and broader investment protection, even as India retains regulatory safeguards in sensitive areas

Skill ministry, Amazon launch nationwide cloud, AI skilling programme

The nationwide initiative will target 150,000 learners for foundational cloud and AI training, with 10,000 participants receiving intensive, job-ready skills

Uttar Pradesh showcases historical tourism to Japanese delegation

The visiting delegation from Yamanashi Prefecture is on a five-city tour covering New Delhi, Agra, Lucknow, Greater Noida and Varanasi

Goyal leads biz delegation to Japan to discuss ways to boost trade

The visit assumes significance as Japan last year set an investment target of 10 trillion yen (about Rs 60,000 cr) in India over a decade