Page 205 - Economy

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

We will provide sufficient liquidity for monetary policy transmission: RBI

The RBI has guided that liquidity should be 1-1.5 percent of NDTL

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

India scraps transshipment facility for Bangladesh's third-country exports

Indian exporters, mainly from the apparel sector, had earlier urged the government to withdraw this facility to the neighbouring country

RBI's rate cut, monetary stance change to 'accommodative' timely: Experts

Aditi Nayar, chief economist, ICRA said the 25 bps cut in the repo rate was along expected lines, given the recent evolution of growth inflation dynamics

Unemployment rate dips marginally to 4.9% in 2024, shows govt survey

In urban areas, the LFPR increased for males (74.3% in 2023 to 75.6% in 2024) and slightly for females (25.5% to 25.8%), leading to an overall rise in LFPR (50.3% to 51.0%)

Coal India's payment to govt drops, yet big support for miner states

For the financial year 2024-25, CIL paid ₹60,959.52 crore to the government exchequer. This was a small increase of 1.2 per cent compared to ₹60,197.8 crore paid in 2023-24

RBI issues draft rules for gold loans to standardise norms across lenders

RBI said the policy will strengthen conduct-related aspects, with lending norms integrated into lenders' credit/risk management policies

RBI's rate cut to cushion economy amidst global turmoil, says India Inc

MPC's decision to reduce the repo rate to 6 per cent and adopting accommodative stance will provide a cushion to Indian economy from adverse effects of global economic uncertainty

RBI lowers FY26 GDP growth forecast to 6.5% on global trade uncertainties

Inflation outlook for India improves on sharp decline in food prices and record wheat and pulse production

RBI cuts policy rate by 25 bps to 6%, changes stance to support growth

'Decisive improvement' in inflation outlook, says MPC as India braces for impact of US tariffs

RBI Guv says Trump tariffs will have negative impact on net exports

​RBI Governor Malhotra warned that increased US tariffs could hinder India's exports and domestic growth, emphasising the central bank's commitment to monitoring inflation risks