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India slashed extreme poverty to 2.3% in FY23, shows World Bank data

Using the $3.65 per day poverty line for lower- and middle-income countries (LMIC), poverty fell from 61.8 per cent to 28.1 per cent, lifting 378 million people out of poverty in India

Private investment in India is still a worry: IMF's Krishna Srinivasan

The IMF on Tuesday pared down its FY26 growth forecast for India by 30 basis points to 6.2 per cent, citing escalating trade tensions and global uncertainty in its latest World Economic Outlook

Gensol Engineering case: Now, NFRA joins investigation against promoters

NFRA's domain extends to audit firms of listed companies and unlisted companies with over ₹500 crore paid up capital or ₹1,000 crore annual turnover

Finance secretary Seth to lead Indian delegation as FM cuts short US visit

"Finance secretary and secretary DEA Ajay Seth shall represent India in the absence of FM," a senior finance ministry official said

ICAI's Financial Reporting Review Board to review Gensol's books

The review is being undertaken by the ICAI on a suo motu basis, Charanjot Singh Nanda, president, ICAI, said

World Bank trims India's FY26 growth forecast to 6.3% amid uncertainty

Lowers South Asia's FY25 outlook and urges region's nations to carry out reforms and revenue mobilisation

Threefold rise in trade restrictions since 2019: FM Nirmala Sitharaman

Speaking at the Stanford University, the FM flagged a threefold increase in trade restrictions since 2019 with both advanced and emerging economies striving to protect domestic production and jobs

IMF cuts India's FY26 growth forecast to 6.2% amid trade tensions

The WEO stressed that a swift escalation of trade tensions has generated extremely high levels of policy ambiguity, complicating efforts to establish a central global growth outlook

New accounting norms to bolster financial reporting quality: ICAI

The proposed standards also present two additional subtotals in the profit or loss section: 'operating profit or loss' and 'profit or loss before financing and income taxes'

Govt considers SFIO action against Gensol Engineering and promoters

Experts opine that regulators and policy action need to evolve due to the social media impact and the financial influencers getting paid for endorsements

Arvind Shrivastava named revenue secretary in major FinMin rejig

With the appointment of four new secretaries, the Finance Ministry has, in recent months, witnessed an unusually high frequency of changes at the top bureaucratic level

Retail inflation at 6-year low a result of govt efforts: Finance ministry

It said that this trajectory underscored the country's resilience and commitment to ensuring price stability without compromising on development goals

Fitch cuts India's GDP projection by 10 bps to 6.4% as trade war escalates

Fitch says, excluding the pandemic, world growth rate to be the weakest since 2009

Moody's Ratings revises forecast of India's 2025 GDP growth to 5.5-6.5%

The revised growth forecast takes into account a scenario of 10 per cent universal tariffs and 145 per cent tariffs on China

Former NFRA chief Ajay Bhushan Pandey joins AIIB to lead 3 key departments

Over the last decade, Pandey has been at the helm of several reforms in finance, corporate governance, Aadhaar, digital payments, Goods and Services Tax (GST), and direct tax

Explain steps taken to safeguard small retailers: House panel to CCI

Committee also seeks status of the proposed digital competition law

Trump's reciprocal tariffs: Big Four face flurry of trade playbook queries

The top consulting firms expect the current pace of activity to intensify in the coming days

US tariff impact: Moody's Analytics cuts India's 2025 GDP forecast to 6.1%

Moody's Analytics said that its April baseline represents the economic toll they'll have should the tariffs eventually go ahead in full

ADB revises India's FY26 growth forecast to 6.7% amid US tariff risks

Risks could 'potentially be mitigated' by trade agreement between India and the US, it says in April outlook

UK to support India in the internationalisation of rupee currency

The FM is currently in the UK for the 13th Economic and Financial Dialogue between the two countries