Page 393 - Economy

RBI keeps repo rate unchanged, hikes FY25 GDP growth forecast: Details here

The RBI MPC maintained its 'withdrawal of accommodation' stance and kept the repo rate unchanged at 6.5 per cent. The RBI revised FY25 GDP growth forecast to 7.2 per cent

World Food Safety Day 2024: Prepare for the unexpected

Ensuring food safety is a public health priority and an essential step towards achieving food security

RBI monetary policy: When and where to watch the governor's announcement?

RBI Monetary Policy Committee meeting LIVE updates: Economists expect the central bank to maintain the repo rate at 6.5 per cent for the eighth consecutive time

CCI draft regulations: Company commitments to be closely watched

The monitoring agencies may include an accounting firm, management consultancy, any other professional organisation or chartered accountants, company secretaries or cost accountants

India Inc wants new govt to create jobs, control inflation: BS CEO poll

Business honchos say focus should also be on infrastructure and health care

Shifting sands: How India's fuel pricing policy evolved over the years

India's progress with decontrol of fuel prices derailed in May 2022-after 12 years, three governments and two reform-driven Prime Ministers-when petrol and diesel rates surged

India is at an inflection point in technological innovation: Experts

The startup ecosystem, a key to India's technological innovation, must work in tandem with the three key functions - government, industry, and academia, said Sanjeev Gupta, KDEM

Special status to Bihar, Andhra Pradesh may open 'Pandora's box': Experts

Chandrababu Naidu's TDP had left the NDA in 2018 on denial of its special status demand for Andhra

RBI buys back Rs 7,287 crore bonds against notified Rs 30,000 crore

The RBI has repurchased a total of Rs 24,979 crore worth of securities in four auctions, against a total notified amount of Rs 1.7 trillion

Interest rate spreads hit new 10-year low of 2.25% for PSBs in April 2024

The spread between the outstanding lending and deposit rates has narrowed compared to the spread between fresh lending and deposit rates

India to sign IPEF agreements after formation of the new government

IPEF clean energy investor forum identifies projects worth $23 billion

Monthly natural gas trades shoot up 480% in May: Indian Gas Exchange

Higher demand from gas-based power plants amid hot weather fuelled the rise

Costlier vegetables made your thali more expensive by 9% in May: CRISIL

A vegetarian thali has roti, onion, tomato, potato, rice, dal, curd, and salad. A non-vegetarian thali has the same foods but chicken (broiler) replaces dal

Coalition, weak mandate may hinder passing ambitious reforms: Fitch

Weaker fiscal metrics relative to peers are a significant constraint for India's sovereign rating, which we affirmed at 'BBB-' with a Stable Outlook in January 2024

RBI MPC June meeting underway: It's goal, members; everything explained

The RBI MPC is entrusted with the responsibility of monetary policy in India with the primary objective of maintaining price stability while keeping in mind the objective of growth

Scorching heat fuels India's gas-fired power use to multi-year highs in May

More than 75 per cent of India's power generation was from coal in 2023, while gas-fired plants have accounted for only about 2 per cent in recent years, largely because of the high cost of gas

RBI may keep interest rates on hold as slim Modi win boosts fiscal risks

Economists had already been pushing their forecasts for rate cuts to later in the year, predicting the RBI won't move until the US Federal Reserve pivots

Rupee rises 1 paisa to 83.43 against US dollar in early trade

Forex traders said an upward movement in the crude oil prices resisted a sharp rise in the Indian currency even as investors moved cautiously ahead of the RBI's monetary policy decision.

RBI Monetary Policy June 2024: Check date, time and what to expect

RBI Policy: The six-member committee tasked with setting India's benchmark interest rate, the repo rate, will meet from June 5 to June 7

India seeks arbitration proceedings with Aus under WTO rules on services

The official said India has already communicated to the World Trade Organisation (WTO) regarding its request for arbitration on the issue