Page 295 - Economy & Policy News

DGTR suggests anti-dumping duty on Chinese drawer sliders to protect MSMEs

The imports are also undercutting the prices of the domestic industry, the DGTR has said in a notification

Rs 4 trillion transmission infra required to meet 2027 power demand: CEA

The report also provided broad estimates of the power demand and transmission requirements between 2027 and 2032, with a larger role being played by RE-rich regions

CRISIL SME Tracker: Uptick in output volume to benefit auto component SMEs

Among the segment drivers, the replacement market is expected to clock 6-8 per cent on-year growth, following 7 per cent rise last financial year

IMF predicts India's GDP growth to moderate to 7% in 2024, 6.5% in 2025

According to the latest Economic Survey, the GDP growth in 2024-25 is expected to moderate to 6.5 to 7 per cent from 8.2 per cent in 2023-24

India on track for 8% growth after FY26, says RBI Deputy Governor Patra

Headline inflation likely to remain on track throughout 2025-26

Rupee weakens to settle at new closing low as US dollar strengthens

Market participants said timely intervention by RBI through dollar sales helped avoid further depreciation of the local currency

Good monsoon raises hopes, but crop prices key to rural India turnaround

The good rains have also meant that residual moisture in the soil is better than in previous years which is likely to significantly aid in the planting and growth of the next rabi crop

Panic buying sends vegetable prices soaring in Odisha as Cyclone Dana nears

Local vendors have attributed the price hike to scarcity of potato-laden trucks and the anticipation of further disruptions if the cyclone makes landfall

India's attempts fail against rivals as US diverts trade from China: Study

India also hasn't been able to attract a greater portion of global foreign direct investment, even as FDI flows to China plummet, the Oxford Economics study said

Indian economy to grow 7-7.2% in FY25 on strong govt spending: Deloitte

Deloitte said job creation in the economy is key to ensuring a steady household income, and the latest employment data points to some green shoots

Boosting macro fundamentals best defense against global risks: RBI Dy Guv

India's central bank has been opportunistically building its foreign exchange reserves which now cover the external debt, all debt servicing requirements and are equivalent to or close to 12 months

India well positioned to capitalise on growth opportunities: FM Sitharaman

Sitharaman stressed that despite an increasingly complex global environment, India's macro-economic fundamentals remain sound, acting as a strong foundation upon which to build future growth

FM Sitharaman highlights India's process, governance reforms for investors

Various pension funds and other institutional investors and fund managers across the US attended the Roundtable at the New York Stock Exchange

Amid slackness, RBI report confident of festive season boost to economy

"Stage is set for the private sector to deploy capital and invest in growth"

CPSE dividend likely to cross record FY24 tally; Rs 29K cr in kitty so far

Govt may garner Rs 65,000 crore in FY25

MoUs worth Rs 15 trn signed ahead of Rising Rajasthan Summit: CM Bhajanlal

Sharma said that the sanitation workers should have got their rights earlier but the previous government worked to delay, suspend and mislead these recruitments

Reserve Bank of India net sold $6.5 billion in August, shows data

The central bank had recorded a net purchase of $6.93 billion in the spot market in July

250-bp rate hike lowered demand, inflation by 160 bps: RBI Bulletin

Durable alignment with target in sight, says report

Outward remittances under India's LRS decline 5%, says RBI Bulletin

Remittances for studies abroad grew marginally to $416.39 million

Net FDI in India more than doubles in Apr-Aug 2024, shows RBI data

Improving FDI to support growth in manufacturing