Inflation expectations showed an upward trajectory for three months and one-year ahead period
"Trade-offs between stability and efficiency will be kept in mind"
The RBI announced the formation of the working group, to be headed by R S Ratho
Bond market participants said that in bond forwards, there will be actual delivery of bonds
In addition, the official stated that in the new income tax bill, authorities have not been given excessive powers
The panel had also suggested that the RBI's ECF be reviewed every five years
It has been the endeavour of Reserve Bank to provide as much liquidity as is required
Addressing the event, MoSPI secretary Saurabh Garg also emphasised on the work being done by the ministry on making district-level estimates available
In December last year, e-way bill had hit the second highest level at 112 million, after it peaked earlier at 117.2 million in October due to the festive season
Whether it's in Starbucks or buying cucumbers in countryside, people use QR codes. This level of digital integration is something West can learn from, says Walter J Lindner, former German ambassador
Delayed HAM projects rose from 33% of total projects to 55%, says agency
Malhotra, a career bureaucrat who took over as the Governor of RBI in Dec, said that Rs 1 trn of tax relief given to middle class to spur consumption will not have any major impact on inflation
Capital subsidy of up to 40 per cent (maximum Rs 30 crore) will be provided to entrepreneurs setting up drone-manufacturing units in the state
This is second consecutive week of an increase in the reserves, which have otherwise been on a declining trend for the last few weeks due to revaluation along with forex market interventions by RBI
Goyal told him not to worry about falling forex reserves as they have consistently been above USD 600 billion for many months
Until now, the government released only quarterly unemployment figures for urban areas and combined annual data for urban and rural areas
Consumption of fuel, a proxy for oil demand, rose to 20.49 million metric tons, data from the oil ministry's Petroleum Planning and Analysis Cell (PPAC) showed
Responding to queries on EU trade barriers in the Rajya Sabha, Goyal said the EU has introduced new regulations for their own industries
Looking ahead, we believe that the growth-inflation outlook suggests that there is room for another 25 bps rate cut in either the April or the June 2025 meetings
Firms securing forex, cross-currency cover