Banks availing liquidity from RBI reluctant to on-lend to money markets
Union minister of information and broadcasting Ashwini Vaishnaw said that with this revival package, many of the legacy problems that RINL used to face will be resolved
"Growth in India had slowed more than expected, led by a sharper-than-expected deceleration in industrial activity"
As of January 2025, India's fiscal deficit for FY25 is projected at 4.9 per cent of GDP, amounting to approximately Rs 16.1 trillion
Foreign currency assets fell by $9.5 billion, while the value of gold reserves went up by $792 million
RBI Bulletin said, the headline inflation eased for the second successive month in December, although the stickiness in food inflation warrants careful monitoring of second order effects
The official said that 59 plants in different sectors including medicine, packaging material, engineering, textile manufacturing and food processing are running in Indore SEZ spread over 572 hectares
For the week ended January 10, foreign currency assets, a major component of the reserves, decreased by $ 9.469 billion to $ 536.011 billion, the data released on Friday showed
In the last ten years, between January 2015 and 2025, the INR has weakened by 41.3 per cent against the US dollar, falling from Rs 61.4 to Rs 86.7, the Global Trade Research Initiative (GTRI) said
The rupee's depreciation bias is likely to persist next week, with the focus squarely on any policy changes announced by Trump, especially about trade tariffs, said Dilip Parmar, a foreign exchanger
The deceleration is underpinned by a long-term moderation in credit growth, foreign direct investment, export competitiveness and earnings potential, UBS said
Prime Minister Narendra Modi's "Make in India" campaign has also got lost somewhere in the labyrinths of this bureaucratic maze
In theory, sectors with low import dependence, like textiles, should gain the most from a weaker rupee, while high-import sectors like electronics should benefit the least
The current pay commission, which helps determine govt employee's salaries, allowances, and pensions, is set to end in 2026
"The term of the last Pay Commission will end in 2026. Establishing the 8th Pay Commission well in advance, in 2025 itself, will give us sufficient time to get the recommendations," Vaishnaw said
For ages, the halwahi ecosystem had maintained a civilisation that had kept trade cashless. Land and grains were the only form of wages
The global economy is projected to expand by 2.7 per cent in both 2025 and 2026, the same pace as in 2024, as inflation and interest rates decline gradually
The taxpayers filed updated income tax returns (ITRs) for assessment years from FY23 to FY25 after doing the corrections
On the investment front, the government's focus on capital expenditure is expected to remain a key growth driver in 2025-26
"The day is not far off when the state will not only fulfil its own needs but also supply electricity to other areas of the country," Rajasthan Minister of State for Energy Heeralal Nagar said