Page 68 - Indian Economy

India's strength amid global equity caution will persist: Ridham Desai

Desai says commitment toward fiscal consolidation and push for infrastructure, manufacturing and deep tech will be the key things to watch out for in the Union Budget

World Bank working paper advocates increased devolution for Panchayats

Empowering ward members (WMs) within village councils, who currently lack financial resources and act merely as rubber stamps, is another recommendation

Ather Energy promoters Tarun Mehta, Swapnil Jain set to drive stake 6-7% up

Fresh equity infusions before the company takes the IPO route

India Inc calls for bolder, progressive reforms as PM Modi begins 3rd term

Business leaders are also holding high hopes from the upcoming Union budget

Busting dark patterns, mediation on agenda of consumer affairs ministry

DoCA will create a platform to put consumers in touch with officials to help resolve their grievances before they reach litigation stage

Global ambition takes wing, but challenges ahead for new aviation minister

The new minister must navigate conflicting demands while considering potential geopolitical ramifications

Implementing labour reforms may prove tricky for new coalition govt

While the four labour codes have already been passed by the Parliament, implementing them could prove tricky for the new coalition government led by prime minister Narendra Modi

A new beginning

Don't let coalition be a constraint for growth

New government unlikely to tweak trade policy

The Prime Minister is quite capable of managing such an outcome through negotiations and persuasion

RBI maintains status quo, raises FY25 GDP growth forecast to 7.2%

Economists see shallow rate cut in Oct-Dec quarter

Must invest adequately in IT systems: RBI Governor Shaktikanta Das to banks

Underscores urgency to keep up with growth of digital payments

Monetary policy review: RBI resolutely on hold amid comfort over growth

India's GDP growth to remain strong, two members of the MPC see the need for monetary policy easing, likely to support growth. How does one reconcile the two?

RBI monetary policy: FY25 growth forecast revised to 7.2%, up from 7%

Monetary Policy Committee keeps repo rate unchanged at 6.50% for an eighth straight policy meeting

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

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

Rail coal freight volume rises 9.3% on summer demand pull: Govt data

All other commodities flat or lower as rail freight grows 3.9% in May

ARAI to invest Rs 500 cr over next 4-5 yrs to enhance H2ICE testing infra

The agency already has testing capabilities for ethanol 20 fuel-compliant vehicles

Tight election will increase prospect of productive reforms: CEA Nageswaran

Voters returned Prime Minister Narendra Modi for a third term but with a reduced margin that has left his Hindu nationalist party needing coalition partners to govern

India deserves faster, ecologically sustainable economic growth: Ramesh

India deserves faster economic growth that is socially just and ecologically sustainable, former environment minister and senior Congress leader Jairam Ramesh said on Wednesday. On World Environment Day, Ramesh called for enforcement of laws and regulations, without fear or favour and strengthening of institutions. In a post on X, Ramesh said, "June 5th is celebrated as World Environment Day to mark the opening of the first-ever UN Conference on the Human Environment in Stockholm in 1972." It was in this assembly that Indira Gandhi had made her historic speech on June 14, he said. "India deserves faster economic growth that is, at the same time, socially just and ecologically sustainable. This is not an impossible trinity. It is both doable and essential," Ramesh said. "It demands enforcement of laws and regulations, without fear or favour, strengthening of institutions, and a deep understanding of and actions based on a fundamental truth that our ancient heritage teaches us," he

Election results: India's economic fundamentals remain robust, says Nomura

India's economic fundamentals remain robust, investment bank Nomura said on Wednesday after the results of the country's general elections paved the way for Prime Minister Narendra Modi's third consecutive term in office. Modi is poised to form the government for a third consecutive term with the BJP-led National Democratic Alliance (NDA) getting a majority in the Lok Sabha, notwithstanding crushing losses in three Hindi heartland states after a bitterly fought election that was projected as a referendum on his popularity. The Election Commission of India has declared results for all 543 Lok Sabha constituencies, with the BJP winning 240 seats and the Congress 99. "Our assessment is that India's economic fundamentals remain robust. Reforms in India have generally survived the test of politics and we expect the government to continue the pace of governance and administrative reforms, leaving states to work around the more intractable reforms around land and labour," Nomura said. Whi