Page 194 - Economy & Policy News

NRI deposit inflows jump 23% till February: RBI's monthly bulletin

NRIs inflows in deposits grew by $14.55 billion between April 2024 and February 2025, against $11.8 billion during the same period a year ago, according to the Reserve Bank of India (RBI)

Repatriation drags down net FDI to $1.5 billion in Apr-Feb: RBI bulletin

The State of the Economy report in the April 2025 bulletin noted that Singapore was the largest source of equity inflows with a share of 29.8 per cent, followed by Mauritius and the US

Threefold rise in trade restrictions since 2019: FM Nirmala Sitharaman

Speaking at the Stanford University, the FM flagged a threefold increase in trade restrictions since 2019 with both advanced and emerging economies striving to protect domestic production and jobs

IMF cuts India's FY26 growth forecast to 6.2% amid trade tensions

The WEO stressed that a swift escalation of trade tensions has generated extremely high levels of policy ambiguity, complicating efforts to establish a central global growth outlook

One million gig workers registered on e-Shram portal: Mansukh Mandaviya

"The registration of gig workers is an ongoing process, and we're working in line with the Budget announcement. We are likely to register 3-4 million in the next three months," the minister said

VC funding in India dips to $2.4 bn in Q1 2025 amid global concerns: Report

VC investors in the country remained highly focused on consumer offerings in the quarter under review with areas such as e-commerce and quick commerce attracting maximum attention

Govt proposes GHG emission reduction targets for aluminium companies

The stakeholesrs can give their feedback to the draft Greenhouse Gases Emission Intensity Target Rules, 2025 to Ministry of Environment Forest and Climate Change within 60 days

Rajasthan govt plans to upgrade museums, seeks ₹50 cr to boost tourism

With the funds, museums in cities such as Bikaner, Jodhpur, Jaisalmer, Chittorgarh, Alwar, and Bharatpur will undergo conservation and development for better display and preservation of artefacts

Russian oil drives Opec share in India's imports to record low, data shows

Import of Russian oil rose 7.3 per cent to 1.76 million bpd, raising its share marginally to 36 per cent while OPEC's share slipped slightly to 48.5 per cent, the data showed

A below-par monsoon could imperil Bihar's agri sector, Assembly elections

If rainfall is below average this year, too, it would mark it as the fourth consecutive year that the agriculturally important state would get lesser rains from the Southwest monsoon

India, US have finalised terms of reference for trade pact, says USTR

However, US Trade Representative Jamieson Greer claimed that there is a 'serious lack of reciprocity' in trade ties with India

Bold reforms, capacity boosts key to India's growth in next two decades: FM

Last two Union Budgets have laid the groundwork for this transformation, with a clear multi-sectoral policy agenda, she said, while speaking at Hoover Institution at Stanford University California

US seeks equal ecomm access for Amazon, Walmart in trade talks with India

The Trump administration is pushing India to ease FDI and platform rules that limit foreign ecommerce firms like Amazon to marketplaces, while local players can sell directly and operate freely

Datanomics: Centre unmoved even as states call for capping cess, surcharge

Centre unmoved even as states cry for capping cess, surcharge

FM Sitharaman meets business leaders in San Francisco, discusses investment

Sitharaman arrived in San Francisco Sunday as she began her 11-day trip to the US and Peru with an interaction with the Indian diaspora in the Californian city

Railways ramps up speed mission with track upgrades, fencing drive

Two months after the Union Budget and following consultations with all railway zones, the ministry has finalised its performance targets for tracks and track-related works

New accounting norms to bolster financial reporting quality: ICAI

The proposed standards also present two additional subtotals in the profit or loss section: 'operating profit or loss' and 'profit or loss before financing and income taxes'

Fresh formal hirings decline by 10% in February, shows EPFO data

The EPFO data is considered crucial as it reflects the state of the formal labour market, and only the formal workforce enjoys social security benefits and is protected by labour laws

Modi, Vance welcome 'significant progress' in India-US trade deal

Both sides discuss energy, defence, and strategic tech in bilateral meet

Govt imposes 12% safeguard duty on some steel products for 200 days

The finance ministry excluded developing countries from the safeguard duties other than China and Vietnam