Reserves rose by $12.58 billion, marking the fifth-highest weekly increase
The RBI will announce the review of the policy on October 9
Modi confident India will continue to grow at more than 7%
New business intakes expanded sharply at the end of the second financial quarter, but the pace of growth retreated to a 10-month low
2.67 mn applications pending nationwide for induction into PMUY
Norms tightened after flagging regulatory violations by some lending platforms
It will be important for monetary policy not to inadvertently accentuate asset price inflation, financial exuberance and the associated financial stability risks that come with it
According to the minister, the social security coverage details that have been shared with the US cover about 930 million people in India
The finance minister said that the effects of the last ten years of economic and structural reforms would manifest more thoroughly in the coming years, as the Covid shock fades from the economy
The concluding part of the series highlights stabilising trade ties with Dhaka, but payment delays and a complex bilateral environment remain major concerns
Speaking at the 3rd edition of the Kautilya Economic Conclave here, Modi committed to continuing structural reforms to help India become a developed nation by 2047
India is only the fourth economy in the world to cross $700 billion in reserves after China, Japan, and Switzerland
He said that last month, the US Senate introduced two bills that could intensify the trade war and have major global economic impacts if passed
RBI Governor Shaktikanta Das has repeatedly stressed the need to build a forex buffer to act as a shield during periods of market volatility
"The upcoming decades will see the steepest rise in living standards for the common man, truly making it a period-defining era for an Indian to live in," she said
The Reserve Bank of India denied European Securities and Markets Authority's request to co-supervise Indian transactions, citing concerns over "extra-territorial reach"
A sharp rise in prices and a shortage of onions, potatoes, and tomatoes have driven up the costs of veg thalis in September 2024
South Asian nation is shifting to clean energy but it is not phasing out the fossil fuel yet
Speaking at Kautilya Economic Conclave, Finance Minister Nirmala Sitharaman noted that while it took the country 75 years to achieve a per capita income of $2,730, the next leap will be much faster
For more than three years, the index has stayed above the 50-mark separating expansion from contraction