RBI's MPC voted 5:1 for a 50 bps rate cut in June to spur growth and boost credit amid benign inflation, with members supporting a shift to a neutral policy stance
Electricity generation contracted for the first time in nine months, with a 5.8 per cent drop that marked the sharpest downturn since June 2020
The overall reserves had increased by $5.17 billion to $696.65 billion for the previous reporting week ended June 6
MoSPI is examining the feasibility of salvaging the data of 7th Economic Census in consultation with states/UTs
Finance Minister Nirmala Sitharaman releases CBIC's NTRS report showing average cargo release times improved at ports and airports, though delays rose at inland depots
FM Nirmala Sitharaman urges faster probe closures and easier registrations
The official also said that the air freight rates have already seen a 15 per cent rise, and traders expect both air and sea freight costs to increase further if the conflict escalates
EPFO has warned its offices that non-compliance with staff transfer orders will be treated as insubordination and attract severe disciplinary action under civil service rules
Indian deposits in Swiss banks fell 18 per cent over the last decade, but 2024 saw a sharp rebound, with total funds surging over threefold to 3.5 billion Swiss francs, SNB data shows
The previous low pace was recorded in August 2024 when the output had contracted by 1.5%
Oil prices fell to four-year lows as an Opec+ decision to expedite its output hikes stoked fears about rising global supply at a time when the demand outlook is uncertain
As Japan considers scaling up imports in the wake of a major rice crisis, there a potential for India
Exporters have stated that the war, if escalated further, would impact world trade and push both air and sea freight rates
The survey shows that 58 per cent of the respondents in China want to buy local products in Q2 of 2025. This has gone up sharply by 7 per cent over the previous quarter
The development comes at the heels of IMO's ongoing session of the Maritime Safety Committee, where India brought up the recent sinking of the Liberian-flagged vessel MSC ELSA 3
Average Brics per capita income stood at $2,087 in 2000, which is projected to rise to $9,437 by 2025. In contrast, G7's average may rise from $27,855 to $53,623
India's trade with West Asia is crucial, considering that apart from Russia, it imports crude oil from Iraq, United Arab Emirates (UAE) and Saudi Arabia
India urges ILO to reconsider broad applicability of its biological hazard convention, citing implementation challenges for MSMEs and informal sector enterprises
Kolkata High Court asks Centre to restart MGNREGA in West Bengal with safeguards against corruption, prompting review of legal and procedural steps
Indian money parked in Swiss banks tripled in 2024 to CHF 3.5 billion, mainly via financial institutions; however, customer deposits rose modestly even as India climbed to 48th in global rankings