Economy

Fabian socialism held India back after 1991 reforms: A Greenspan view

In his 2007 memoir, Alan Greenspan praised India's reforms but argued that lingering socialist policies and bureaucracy were holding back its economic potential

Russian oil imports may hit record high in June on discounts, supply curbs

Until June 20, Russia contributed to nearly 50 per cent of India's total crude oil imports in the month, showed data from maritime intelligence firm Kpler

OMCs' fuel marketing margins back above pre-conflict levels: Report

Composite margins on petrol and diesel sales at state-run refiners and fuel retailers are now above levels seen before the recent West Asia conflict

India faces very high credit exposure to water-management risks: Moody's

Moody's assigns India its highest water-risk score, citing groundwater depletion, ageing infrastructure and fragmented water governance

India's core sector growth slows to seven-month low of 0.5% in May

Coal output contracted 9.3 per cent in May, marking a 10-month low, while growth in petroleum refinery products slumped to a 42- month low of -8.7 per cent

India faces very high credit exposure to water-management risks: Moody's

Moody's assigns India its highest water-risk score, citing groundwater depletion, ageing infrastructure and fragmented water governance

India-EU trade pact likely by year-end, operational in early 2027: Delphin

EU Ambassador Herve Delphin says legal vetting of the India-EU trade pact is nearing completion, with signing expected by year-end and implementation likely in early 2027

Moody's warns against 'very high' credit exposure to water-management risks

Moody's assigns India its highest water-risk score, citing groundwater depletion, ageing infrastructure and fragmented water governance

Safe harbour 2.0: Bigger net, lingering doubts as firms seek clarity

Revamp raises threshold, but experts warn of interpretational hurdles

Four India-bound ships carrying fertilisers cross Hormuz after peace deal

Four fertiliser ships have crossed the Strait of Hormuz after the US-Iran peace deal, easing concerns over supplies for India's agriculture sector

Weak monsoon may cloud growth-inflation dynamics: RBI's June Bulletin

Recent policy measures likely to push up sovereign debt demand

July 24 deadline not my worry, says Piyush Goyal ahead of Greer visit

Commerce Minister Piyush Goyal says India does not negotiate trade agreements under deadlines as USTR Jamieson Greer arrives for talks on the interim trade deal

Reserve Bank of India should fix DTA-to-SEZ forex payment anomaly

TNC Rajagopalan answers readers' SME queries related to GST, export and import matters

Outward remittances under RBI's LRS down 7.85% in April 2026: Bulletin

Decline in international travel-related spending amid geopolitical uncertainty weighed on outward remittances under the RBI's Liberalised Remittance Scheme

Net FDI jumped over fourfold to $6.58 billion in April, shows RBI data

Gross FDI inflows rose 65 per cent year-on-year, while lower repatriation by foreign investors helped push net foreign direct investment sharply higher

Nabard appoints G Ramesh Kumar as new Chief General Manager of Assam unit

Kumar assumed the responsibility from Loken Das with immediate effect, Nabard said in a statement

High oil prices drive surge in Chinese EV sales, charging networks lag

Iran war-driven fuel price surge accelerates EV adoption across Asia and Africa, boosting Chinese automakers while exposing major gaps in charging infrastructure

Centre seeks stakeholder views on medical devices exempt from GTE norms

Department of Pharmaceuticals invites stakeholder comments on proposed additions and deletions to the list of medical devices exempted from Global Trade Enquiry requirements

Foreign currency inflows to support domestic liquidity: RBI's MPC member

The growth-inflation outlook remains clouded despite easing West Asia tensions, with risks from food prices and supply chains, says Bhattacharya

Commerce ministry calls for govt-level talks on concerns over metal scrap

The ministry has sought engagement with the EU over its Waste Shipment Regulation amid concerns that restrictions on scrap exports could affect Indian industry