Page 180 - Economy

ICAI to review IndusInd Bank's books over forex accounting lapses

IndusInd Bank on March 10 had disclosed certain discrepancies identified by the lender in its account balances relating to its derivatives portfolio

Review of the monetary policy framework on RBI's agenda for FY26

Central bank also likely to assess liquidity level needed for policy transmission

National security: How India can secure much-needed funds for defence

Experts say increasing the defence budget as a share of GDP even by ten basis points could significantly increase access to funds

FDI hits $81 billion in 2024-25, highest in three years: DPIIT Secretary

Bhatia said that the free trade agreements that India is signing will provide opportunities for all businesses

Industries with AI to propel India to 3rd-largest economy: FM Sitharaman

FM says adoption of tech could have accelerated productivity gains

Well on track in our bilateral trade agreement talks with US: Piyush Goyal

The negotiations for the trade agreement with the European Union (EU) are also progressing at a faster pace, he added

Tariff war create opportunity for India in some of sectors: CEA Nageswaran

Addressing the CII Annual Business Meet here, he said India actually has a few silver linings which include low energy prices at the moment

Indian firms shifting focus to domestic market because of trade war: Survey

Over three-fourths of the respondents said that they are reassessing their long-term business strategies in response to changes in trade policies

Trust, deregulate, and reciprocate to escape middle-income trap: CEA

Nageswaran also said India should not be overly consumed by global uncertainty, especially with a domestic economy where private consumption accounts for 60 per cent of GDP

Insured deposits rise 7% to ₹96.7 trillion as of Sept 2024: RBI report

RBI annual report shows insured deposits rose to ₹96.7 trillion with 97.7% of accounts covered; DIF grew 15.2% while ₹476 crore in claims was settled in FY25

India to submit adaptation plan to UNFCCC in few months: Bhupender Yadav

To strengthen efforts to address climate-related risks and enhance India's climate resilience, the government recently released a draft framework for a climate finance taxonomy

FM meets ADB President; seeks support for integrated rural prosperity

The discussions focused on shaping the partnership in line with Prime Minister Narendra Modi's vision for Viksit Bharat by 2047

Biz collaborations for a circular economy via FTA to boost EU-India ties

An EU official said circular economy projects under the FTA will unlock value and foster deeper collaboration between India and the EU through sustainable development

IBBI to set up IP panel for faster appointments from July to December

The new zone-wise panel of insolvency professionals will be valid from July 1 to December 31, 2025, aimed at reducing delays in NCLT and DRT appointments

'US remittance tax, tariffs to cost India billions in lost investments'

The original version of US President Donald Trump's "One Big Beautiful Bill" included a 5 per cent excise duty on outward remittances

Industrial output growth dips to 2.7% in April, lowest in eight months

Industrial output slowed in April as mining contracted and electricity growth eased; capital goods saw robust growth while consumer non-durables remained weak

Product nation: Dholera and India's quest to build factories for the world

The road map to India becoming a global manufacturing hub is clear, but it is R&D that will truly change the game

Possibility of interim trade deal between India, US by June 25: Report

India's chief negotiator, Special Secretary in the Department of Commerce Rajesh Agrawal, concluded his four-day visit to Washington last week

FM directs public insurers to adopt AI, expand portfolios for new risks

FM asks state-run insurers to tackle emerging risks like cyber fraud, diversify products, use AI for pricing and claims, improve penetration and transform digitally

India's economic growth to moderate in FY26 amid global headwinds: EY

While it will continue to be one of the world's fastest-growing economies, it may have to carefully balance monetary and fiscal policies to sustain its growth momentum