Page 202 - Economy & Policy News

Financial inclusion is not a licence to exploit: RBI Deputy Governor

NBFCs pulled up for lax underwriting, steep charges

Govt looks to increase RRTS lines, but funding, viability questions remain

Even though the cost savings in time-value metrics are significant, the RRTS routes are yet to find a viable public-private financing model

Andhra Pradesh govt clears investments worth Rs 31,167 cr by 17 companies

In all five SIPB meetings held so far since TDP-led NDA government was formed, 57 organisations have been given approval for investments to tune of Rs 4.71 trillion, which will create 4.17 lakh jobs

Uttar Pradesh eyes Rs 33 trillion fresh private investments in GIS 2.0

UP GIS 1.0 was held in February 2023 in Lucknow which garnered over 27,000 investment proposals worth ₹40 trillion

US tariff impact: Moody's Analytics cuts India's 2025 GDP forecast to 6.1%

Moody's Analytics said that its April baseline represents the economic toll they'll have should the tariffs eventually go ahead in full

India seeks quick trade deal with US after Donald Trump pauses tariffs

India and the United States agreed in February to work on the first phase of a trade deal to be concluded late this year, with a view to reaching two-way trade worth $500 billion by 2030

India should reconsider negotiating a comprehensive FTA with the US: GTRI

The remarks came in the backdrop of the USA's decision to defer imposition of additional 26 per cent import duty on India for 90 days

India, Russia agree on 6 new projects to boost bilateral investment ties

India and Russia discussed initiatives to strengthen economic ties and affirmed their commitment to expanding investment collaboration

'Eagerness' on both sides to conclude India-UK FTA: FM Sitharaman

Areas for collaboration on defence were also identified, with the finalisation of the India-UK Defence Industrial Roadmap set to strengthen ties

RBI slashes repo rate by 25 bps to 6%, shifts stance to 'accommodative'

Dials down growth, inflation projections

Cabinet okays ₹1,600 cr sub-scheme under PMKSY for piped water to farms

The sub-scheme will run on a pilot basis across 78 sites covering almost 80,000 farmers

Tariffs to hit growth, but India may dodge the worst: Guv Malhotra

Rupee free to move if global forces weigh, says RBI governor

Households expect inflation pressures to ease; consumer confidence rises

Pessimism about employment conditions dips

Unemployment rate marginally declines to 4.9% in 2024, shows PLFS data

The data based on "current weekly status" showed a marginal decline in rural unemployment (from 4.3 per cent to 4.2 per cent), with slight reductions for both men and women

India should cut 'outlier agri tariffs' to tackle US tariffs: Policy paper

Country should consider employing tariff quotas on sensitive food items such as wheat and dairy, says Ashok Gulati in co-written paper

ADB revises India's FY26 growth forecast to 6.7% amid US tariff risks

Risks could 'potentially be mitigated' by trade agreement between India and the US, it says in April outlook

India too big to be used by US against China, says economist Jeffrey Sachs

Jeffrey Sachs warns India against US geopolitical strategies amid trade war triggered by Trump tariffs

DIPAM to urge mutual funds to include PSU stocks in their portfolios

To promote inclusivity and enhance the Indian equity market for retail investors, the government also plans to advocate for greater accountability in private sector regarding dividend distributions

UK to support India in the internationalisation of rupee currency

The FM is currently in the UK for the 13th Economic and Financial Dialogue between the two countries

India to be 6th largest insurance market by 2032, says FM Sitharaman

Sitharaman in a tweet highlighted decriminalisation and reduction in compliance burden for businesses and individuals among reforms undertaken by the government in the last ten years