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Page 269 - Economy & Policy News

Maritime sector key to India's vision of 3rd largest economy: VP Dhankhar

Addressing the participants, including delegates from 11 countries, he further said that modern India has a 7,500 km coastline, 13 major ports, and 200 non-major ports that establish it as an

Maritime sector key to India's vision of 3rd largest economy: VP Dhankhar
Updated On : 11 Dec 2024 | 4:53 PM IST

Need to differentiate between financial, non-financial regulation: CEA

In financial sector, regulators have the tendency to lean towards excessive regulations, as if things go wrong in this sector the state is expected to bail out and the effects are systemic

Need to differentiate between financial, non-financial regulation: CEA
Updated On : 11 Dec 2024 | 2:27 PM IST

ADB cuts India FY25 GDP growth forecast to 6.5%, 7% in FY26 on weak demand

Changes in US trade, fiscal, and immigration policies could dent growth and add to inflation in developing Asia

ADB cuts India FY25 GDP growth forecast to 6.5%, 7% in FY26 on weak demand
Updated On : 11 Dec 2024 | 2:17 PM IST

Here's how India is sacrificing its growth and why it needs to stop

In the absence of meaningful private investment and job creation, India is slipping back into its pre-Covid-19 rut, and its economic czars are once again publicly refusing to acknowledge the slowdown

Here's how India is sacrificing its growth and why it needs to stop
Updated On : 11 Dec 2024 | 8:34 AM IST

Packing and labelling imported goods don't confer Indian-origin status

The balances in the RVAs are built through inward remittances in freely convertible currencies

Packing and labelling imported goods don't confer Indian-origin status
Updated On : 11 Dec 2024 | 1:14 AM IST

NSO to kickstart next edition of 'Debt and Investment Survey' in 2026

In rural India, 17.8 per cent households were indebted to institutional credit agencies against 14.5 per cent households in urban India

NSO to kickstart next edition of 'Debt and Investment Survey' in 2026
Updated On : 10 Dec 2024 | 11:58 PM IST

India set for resilient growth in 2025 driven by urban consumption: S&P

For 2025-26 and 2026-27, S&P Global Ratings pegged India's GDP growth forecast at 6.7 per cent and 6.8 per cent, respectively, down 20 basis points from its previous estimates

India set for resilient growth in 2025 driven by urban consumption: S&P
Updated On : 10 Dec 2024 | 11:51 PM IST

WTO: India for 'per capita distribution of subsidies' criteria for fishers

India also flagged the difference in the amount of subsidy provided by developing nations such as India, as compared to developed nations

WTO: India for 'per capita distribution of subsidies' criteria for fishers
Updated On : 10 Dec 2024 | 11:47 PM IST

Ajay Seth gets additional charge of revenue as Malhotra becomes RBI guv

His appointment comes at a time when the Goods and Services Tax Council meeting is scheduled for December 21 in Jaisalmer

Ajay Seth gets additional charge of revenue as Malhotra becomes RBI guv
Updated On : 10 Dec 2024 | 11:44 PM IST

Rupee hits new low of 84.85 per dollar a day after RBI guv's appointment

Foreign exchange market participants said that state-owned banks sold dollars on behalf of the RBI at 84.85 per dollar to prevent further depreciation of the exchange rate

Rupee hits new low of 84.85 per dollar a day after RBI guv's appointment
Updated On : 10 Dec 2024 | 11:31 PM IST

TN faring better in contribution to Indian economy, GSDP up by 14%: CAG

The state's own tax revenue constituted a major part of the revenue receipts to almost 62 per cent

TN faring better in contribution to Indian economy, GSDP up by 14%: CAG
Updated On : 10 Dec 2024 | 11:29 PM IST

Will do what is best for economy, says incoming RBI guv Sanjay Malhotra

Malhotra, 56, will take over as governor today at a time when there is growing clamour for an interest rate cut to support slowing economic growth

Will do what is best for economy, says incoming RBI guv Sanjay Malhotra
Updated On : 10 Dec 2024 | 11:08 PM IST

India's electronics ambition faces hurdles, but there is a plan of action

What India needs is to replicate the Apple Inc model and get global giants to build scale in the country by focusing on not only the domestic market but also exports

India's electronics ambition faces hurdles, but there is a plan of action
Updated On : 10 Dec 2024 | 10:31 PM IST

Rate cut bets rise post new RBI chief appointment, nudge bond yields down

Malhotra's appointment comes as economic growth has slowed and inflation has risen

Rate cut bets rise post new RBI chief appointment, nudge bond yields down
Updated On : 10 Dec 2024 | 7:03 PM IST

Soaring govt debt to destabilise financial markets in 2025, says BIS

Claudio Borio, head of the Bank for International Settlements' monetary and economic department, said he was on alert for a government debt glut causing bond market ructions

Soaring govt debt to destabilise financial markets in 2025, says BIS
Updated On : 10 Dec 2024 | 7:02 PM IST

Govt mulls bond issue for middle-class, rates could beat retail inflation

The new scheme, likely to be backed by Nabfid, aims to offer retail investors an alternative savings route to equity markets

Govt mulls bond issue for middle-class, rates could beat retail inflation
Updated On : 10 Dec 2024 | 5:00 PM IST

Centre's draft farm policy looks to restore state autonomy in agri-markets

Following the repeal of the 2021 farm laws, a new policy looks to pass the baton of enacting wide-ranging agricultural reforms to states, a position that they held earlier

Centre's draft farm policy looks to restore state autonomy in agri-markets
Updated On : 10 Dec 2024 | 4:50 PM IST

India to continue resilient growth, RBI may do modest rate easing: S&P

In its India outlook for 2025, S&P also retained India's growth forecast for current fiscal at 6.8 per cent, followed by 6.9 per cent growth in 2025-26

India to continue resilient growth, RBI may do modest rate easing: S&P
Updated On : 10 Dec 2024 | 2:27 PM IST

Princeton-educated, consensus builder Sanjay Malhotra appointed new RBI Guv

He takes over as the 26th Governor of the central bank at a time when the RBI is under pressure to cut interest rates to support growth

Princeton-educated, consensus builder Sanjay Malhotra appointed new RBI Guv
Updated On : 10 Dec 2024 | 12:57 PM IST

A call for transparency: Why India must not let its GDP data turn Chinese

India's GDP data faces growing scrutiny over transparency and reliability. To regain trust and ensure accuracy, a reform in statistical methods is critical to avoid pitfalls seen in China's approach

A call for transparency: Why India must not let its GDP data turn Chinese
Updated On : 10 Dec 2024 | 12:52 PM IST