Page 419 - Economy & Policy News

Slippery road: India's clean energy drive faces a tricky patch of taxation

The elephant in the room is Rs 7.5 trillion a year in revenues to the exchequer

RBI clampdown may tighten loan growth in FY25, says S&P Global Ratings

The recent regulatory measures have upside in terms of curtailing lenders' over-exuberance, enhancing compliance culture, and safeguarding customers

India's current account deficit narrows to $10.5 bn in Oct-Dec: RBI

Net FDI inflow at $8.5 billion during April-December 2023 was lower than $21.6 billion during April-December 2022, it said

Coal India achieves remarkable growth without major management rejig

Despite significant management restructuring, government-run mining company ONGC could not deliver a notable increase in output

Govt initiatives, growing investment to create more jobs during decade: CEA

The last decade of the century was marked by a decline in capital formation in the economy and moderation in credit growth, he said at an event here

India's engineering exports to Russia doubled till February in FY24: EEPC

The exports to the US dipped seven per cent year-on-year to $15.95 billion during this period, EEPC said in a statement

RBI to limit sharp swings in rupee after slip to record low, say traders

Persistent intervention by the RBI in the foreign exchange market over the past several months had dampened exchange rate volatility

Feasibility check of four Indian states in pursuit of a $1 trn economy

Uttar Pradesh and Maharashtra aim to achieve this milestone by 2027-28, while Tamil Nadu targets 2030-31 and Karnataka aims for 2031-32

S&P Global Ratings raises India's GDP growth forecast for FY25 to 6.8%

'India likely to see rate cuts of up to 75 basis points in calendar year 2024'

What are the speed-breakers faced by Indian gig-workers on the fast lane?

The Congress party has recently promised to bring in a new law for the gig and platform economy. Take a look at the lives of gig workers as they navigate through an unregulated sector

RBI's regulatory clampdown may tighten loan growth next year: S&P Global

The regulatory actions would enhance the operational resilience of the system, says the rating agency

RBI's regulatory scrutiny may raise lenders' capital costs: S&P Global

The stricter rules may also disrupt affected entities, increase caution among fintechs and other regulated entities, and even dent their earnings and reputation, S&P said

India making a mistake believing 'hype' about growth, says Raghuram Rajan

Rajan said it was "nonsense" to talk of that goal "if so many of your kids don't have a high school education" and drop-out rates are high

EAM's Singapore visit boosted efforts to deepen strategic partnership: MEA

Jaishankar was in Singapore from March 23 to 25 during which he called on Singapore Prime Minister Lee Hsien Loong, Deputy Prime Minister and Finance Minister Lawrence Wong

S&P Global raises India's FY25 GDP growth forecast by 40 bps to 6.8%

Agency's projection is lower than the Reserve Bank of India's and the government's growth estimate of 7%

RBI likely to hold rates steady until at least July on strong growth: Poll

All 56 economists in the March 15-22 Reuters poll expected the RBI to hold the repo rate at 6.50% at the conclusion of its April 3-5 meeting

Oil prices continue to rise on expectations of limited supply from Russia

Brent crude rose 23 cents to $86.98 a barrel by 0118 GMT. US crude futures climbed 28 cents to $82.23

Rupee expected to regain its lost ground against Dollar in April: BS Poll

India's govt bond inclusion into JP Morgan index to boost $ inflows, say economists

Accounts opened without permission under APY, 32% dropped out: ICSSR study

Bank employees did so without their concurrence to achieve enrolment targets set for them

In first critical mineral auction, no bidder for J&K lithium block

The Centre has initiated the auction of 38 critical & strategic minerals to date. The initial tranche included 20 blocks, while the subsequent tranche consisted of 18 blocks