Page 176 - Economy & Policy News

Bond yields harden as traders sell bonds at profit after RBI rate cut

Government bond yields rose as traders booked profits following RBI's 50 basis point repo rate cut and change in policy stance, impacting market sentiment

Datanomics: Population burden limits India's economic growth gains

The gap between the GDP and individual prosperity is striking, especially when compared with other major economies

Indian hospitality companies see little room for growth in FY26: Icra

Revenue growth may be 6-8% after 3 years of double-digit rise

Debt funds now look to accruals as interest rate cut cycle peaks

Fund managers see little room for further yield decline

India-EFTA trade pact expected to come into effect from Sept 2024: Goyal

He said the agreement has received approval from the Parliaments of all four countries. In Switzerland, there is an objection period open until July 10. July and August are holiday months here

India-EU trade deal likely to finalise by year-end, says Finnish ambassador

Kulin Lalbhai, a prominent businessman from Gujarat and Vice Chairman of Arvind Ltd, has been appointed as the Honorary Consul of Finland

RBI to discontinue daily variable rate repo auctions from June 11

The RBI started conducting daily VRR auctions on every working day from January 16, when banks were grappling with tight liquidity conditions

Chhattisgarh govt bets on irrigation push to rebuild Bastar region

The push aligns with the state's long-term plan to unlock growth in the tribal-dominated Bastar region as security forces report breakthroughs in anti-Maoist operations

Uttar Pradesh govt aims for ₹12,000 crore investment in mega pharma park

The state will invest about ₹250 crore to develop basic infrastructure in the proposed Bulk Drug Pharma Park spanning 1,472 acres

Rajasthan mines department earns over ₹1,306 cr in first 2 months of FY26

The department has fixed a revenue collection target of ₹12,950 crore in FY26. It was among the top revenue generating departments in Rajasthan in FY25

Statsguru: What explains cracks in infrastructure at India's major airports

For the country's major airports, repair & maintenance expenditures declined year-on-year in proportion to their aeronautical revenues in FY24

India's war on poverty: 171 million people rise above extreme deprivation

India's fight against poverty sees 171 million people lifted from extreme deprivation; MPI drops from 53.8% to 16.4%, reflecting a decade of transformative change across rural and urban areas

Goyal to meet Swiss, Swedish biz leaders, to discuss trade, investments

Commerce and Industry Minister Piyush Goyal is visiting Switzerland and Sweden from June 9 to 13

India key to global transition efforts, says WBCSD CEO Peter Bakker

Bakker said 'India is a strategic focus for WBCSD,' and pointed out the Council's work in areas, particularly transport and food, where the country has both major challenges

India's $80 bn coal-power generation ambition is running short of water

The world's most populous country plans to spend nearly $80 billion on water-hungry coal plants by 2031 to power growing industries like data center operations

Revised CPI series may track more markets, ecom data in major cities

Currently, monthly price data is collected from 1181 villages and 1114 markets in 310 selected towns by the field operations division of the NSO

Louder chorus now for hike in states' share of central tax revenue

Southern states like Kerala have held conclaves of Opposition-ruled states to demand a 50 per cent share for states

Solar federation to govt: Extend transmission waiver charges by a year

NSEFI has requested an ISTS charge waiver extension for renewable projects set to be commissioned by June 2026 to safeguard viability and meet clean energy targets

Massive J-K infra development stimulates rapid economic growth: L-G Sinha

The LG reiterated his commitment to decentralising the industrial infrastructure and creating opportunities in underdeveloped regions of Jammu and Kashmir

G-sec yield seen range-bound for coming months due to lack of cues

Following RBI's guidance and a CRR cut, dealers expect government bond yields to settle into a range between 6.12 and 6.28 per cent over the next few months