Page 293 - Economy

No commitment to lowering fiscal deficit, says Montek Singh Ahluwalia

Ahluwalia said if household net savings continue to decrease and fiscal deficit reduction is neglected, it could lead to significant problems, including crowding out of private investments

Attrition in private banks improving, but long way to go: Swaminathan

Substantial regulatory focus on customer in the coming days

TOP, precious metals accounted for 1/3rd of Oct inflation: CEA Nageswaran

Premature to say slowdown in urban consumption going to persistent

Posco chases India dream again, thanks to IBC and rising steel capacity

The location of the new plant is not yet final, but Odisha is an option. If that happens, Posco's two-decade-long journey in India will have come full circle

Middle income, affordable housing book is growing fast: TFCI MD & CFO

Bali discussed the huge opportunities in hotel financing in the tier 2 and tier 3 cities

CAD is manageable as India is doing well in services exports: Piyush Goyal

Commerce and Industry Minister Piyush Goyal on Tuesday said that India's current account deficit (CAD) is manageable as it is doing well in services exports.

RBI cautions on deepfake videos of governor giving financial advice

"These videos attempt to advise people to invest their money in such schemes using technological tools," the central bank said in a statement

Rupee depreciates to new low of 84.42 per dollar amid geopolitical tensions

The previous low of Rs 84.41 per dollar was hit last Thursday. The local currency had settled at Rs 84.40 per dollar on Monday

Challenges and opportunities loom in equal measure ahead of FY26 Budget

While the formal meetings of Finance Minister Nirmala Sitharaman with various stakeholders seeking their wishlist for Budget 2026 is expected to begin next month, the budget-making exercise is gaining

Bio-plastics emerge as green alternative revenue play for sugar producers

With a high differential in pricing vis-a-vis normal plastics, and backed by a generous Uttar Pradesh policy, sugar producers eye new opportunities in the climate-friendly product

Asia tariffs could harm growth and disrupt supply chains, warns IMF

Tariffs could impede global trade, hamper growth in exporting nations, and potentially raise inflation in the United States, forcing the US Federal Reserve to tighten monetary policy, despite

UK PM Starmer seeks India trade deal even Sunak couldn't pull off

The UK's trading relationship with India was worth £42 billion in the 12 months to June 2024

COP29: India, developing world face EU resistance to climate finance

A new NDC, which forms the basis of climate finance, must be submitted by next February, according to the UN Framework Convention on Climate Change (UNFCCC)

G20 Summit 2024: Deadline to phase out fossil fuel appears elusive

India opposes curbs on hydrocarbon investments, calls for expanding decarbonisation efforts, renewables

Urban unemployment rate hits fresh low of 6.4% in Q2 FY25: PLFS data

The joblessness rate in Q1FY25 had declined to 6.6 per cent from a four-quarter high of 6.7 per cent in Q4FY24

Finance Ministry sets minimum annual dividend payout norms for NBFC CPSEs

The guidelines mandate minimum annual dividend payout at 30% of PAT or 4% of net worth, whichever is higher

Did demonetisation hit the right notes? Evaluating its impact 8 years later

The demonetisation was intended to vanquish black money, reduce counterfeit currency, curb corruption, boost digital payments, and counter terrorism

GST Appellate Tribunal to start operations by the end of FY25: Revenue Secy

In May 2023, Union Finance Minister Nirmala Sitharaman appointed Justice (Retd) Sanjaya Kumar Mishra as the President of the GST Appellate Tribunal (GSTAT)

Statsguru: Mudra Yojana's Shishu loan accounts see a decline since FY19

Even its share in the total Mudra accounts fell from 86.03 per cent in FY19 to 62.33 per cent in FY24

Govt initiatives like PLI helping attract foreign investors in India: CII

CII Director General Chandrajit Banerjee said that the government's increased investments in infrastructure such as roads, railways and ports are making the domestic industry more competitive