Page 349 - Economy

Cautious monetary policy needed if food inflation persists: RBI paper

Untenable to treat food price fluctuations 'transitory' in monetary policy settings: Report

Focus on deposits, strengthen cybersecurity: FM Sitharaman to banks

The FM also met top officials of regional rural banks in a separate meeting, where banks were asked to expedite one state-one RRB initiative

RBI deputy guv Rao bats for need to periodically raise deposit insurance

An alternative targeted insurance approach with full coverage for certain sections of customers like small depositors and senior citizens can be explored

Net foreign direct investment rises to $6.9 billion in Q1, shows RBI data

Manufacturing, financial services, communication services, computer services, and electricity and other energy sectors accounted for about 80 per cent of the gross FDI inflows

Private capex could increase to Rs 2.45 trillion in FY25, says RBI study

According to the RBI, the infrastructure sector continued to attract the major share of envisaged capital investment, led by the 'roads & bridges' and 'power' sectors

Yen rises sharply, euro touches its highest this year as dollar retreats

The minutes of the Fed's July meeting, due on Wednesday, and Powell's speech on Friday are likely to be the main currency drivers in a week that will also see inflation data from Canada and Japan

Why it makes sense for food prices to be cut out of RBI's inflation target

Officials are depressingly hesitant to touch anything to do with food production and prices, since these are particularly sensitive politically

FM to discuss bad loans taken over by NARCL with PSBs, RRBs on Monday

Sitharaman had last chaired a meeting with heads of PSBs in December 2023

Govt pushes for extension of key export-boosting Rodtep and IES schemes

Commerce dept officials to meet FinMin soon; more allocation may be needed

Jammu and Kashmir's economic landscape: Of progress and challenges

But the region spends a considerably higher amount on generating assets relative to its economic size compared to the average seen in other states

Workplace safety key to get more women in labour force: IMF's Gita Gopinath

IMF's Gopinath wants govt to conduct cost-benefit analysis of PLI scheme

UP to pitch itself as 'global sourcing hub' in international trade summit

"Buyers and importers from 72 countries across continents including Europe, Africa, North America, Latin America and Oceania are expected to participate in the five-day event," a senior official said

India, Aus to resume comprehensive FTA talks on Monday; progress expected

Both countries have already implemented an interim pact and are in discussions to expand its scope under the CECA (Comprehensive Economic Cooperation Agreement)

Domestic exporters keep fingers crossed amid Mpox outbreak in Africa

According to exporters, though the spread of the disease is contained in certain countries, it would be a challenge, if it spreads to more nations

CM Chandrababu Naidu meets PM Modi, seeks financial support for Andhra

Andhra Pradesh Chief Minister N Chandrababu Naidu also met Union Finance Minister Nirmala Sitharaman and discussed issues related to his state

Unilateral environment measures like carbon tax hamper global trade: Govt

The EU has decided to impose a CBAM, or carbon tax, which will come into effect from January 1, 2026

Urgent need to address $4 trn financing gap to accelerate SDG progress: FM

"Our priority should be a people-centric growth path that empowers the most vulnerable and marginalised to participate in the development journey," she said

India must focus on skilled workforce to become developed by 2047: Gopinath

India has grown well in terms of its overall growth rate, and at 7 per cent, it is the fastest growing major economy in the world, she said

India need more reforms to stay on growth path, create jobs: IMF's Gopinath

Addressing an event here, Gopinath further said that India will be required to reduce import tariffs if it wants to be an important player in the global supply chains

Rajasthan govt receives investment proposals of Rs 5.21 trn ahead of summit

The investment summit is organised with the support of the Industry and Commerce Department, Bureau of Investment Promotion (BIP), and RIICO