In its monthly bulletin, the RBI said the Indian economy gained further momentum in October despite global headwinds. It attributed the pickup to festive spending and GST rate rationalisation, supported by robust high-frequency indicators.

In its monthly bulletin, the RBI said the Indian economy gained further momentum in October despite global headwinds. It attributed the pickup to festive spending and GST rate rationalisation

Economy gains momentum; Bandhan Bank to offload bad debt; RBI defends inflation forecast accuracy

State-owned steel maker SAIL on Saturday said it recorded a 14 per cent year-on-year growth in sales at 12.7 million tonnes (MT) in April-November 2025, amid "price pressures and demand volatility".
The Steel Authority of India Ltd (SAIL), a leading integrated player in the steel sector, had posted sales of 11.1 MT in the corresponding period last year.
The company said, "This resilient performance was possible due to a strong sales strategy...despite many challenges including global price pressures and demand volatility arising from various global trade policy uncertainties and geopolitical tensions."
During the eight-month period, the company said retail sales were also strong. It was at 0.97 MT, up 13 per cent from 0.86 MT in April-November 2024, supported by ongoing nationwide brand promotion campaigns.
In November alone, overall sales rose 27 per cent year-on-year, while retail sales surged by 69 per cent y-o-y.
SAIL, under the Ministry of Steel, owns and operates five integr

In November alone, overall sales rose 27 per cent year-on-year, while retail sales surged by 69 per cent y-o-y

Press Trust of India

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Bihar Chief Minister Nitish Kumar has allocated portfolios of newly created departments among ministers, keeping Civil Aviation with himself, an official notification said.
The Bihar cabinet on December 9 approved proposals to create three new departments -- Youth, Employment and Skill Development Department, Higher Education Department and the Civil Aviation Department -- and changed the names of three other departments.
The Animal and Fisheries Resource Department was renamed as Dairy, Fisheries and Animal Resources Department; the Labour Resources Department as Labour Resources and Migrant Workers Welfare Department, and Art, Culture and Youth Department as Art and Culture Department.
According to the notification, issued on December 12, the CM allocated the portfolio of Youth, Employment and Skill Development Department to Sanjay Singh 'Tiger', who is holding the portfolio of Labour Resources and Migrant Workers Welfare Department.
State Education Minister Sunil Kumar has been 

The Bihar cabinet on December 9 approved proposals to create three new departments,  and changed the names of three other departments

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Healthcare industry body NATHEALTH has asked the government to increase public spending on healthcare to over 2.5 per cent of GDP with urgent action to tackle non-communicable diseases, including tax deductions of up to Rs 10,000 on individuals for preventive health check-ups.
In its pre-Budget recommendations to the government, NATHEALTH said it outlined a roadmap to strengthen healthcare delivery, foster innovation, and expand insurance and preventive coverage.
The recommendations call for a balanced mix of fiscal support, structural reforms, and public-private collaboration to build a robust, future-ready health system, it said in a statement.
In its recommendations, NATHEALTH asked the sector to be declared 'core infrastructure' and create a healthcare infrastructure fund of Rs 50,000 crore, saying currently there is limited access to long-term, lower-cost capital for hospitals and diagnostic networks.
New projects have long gestational periods requiring flexible mid-term ...

In its pre-Budget recommendations to the government, NATHEALTH said it outlined a roadmap to strengthen healthcare delivery, foster innovation, and expand insurance and preventive coverage

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Economy gains momentum; Bandhan Bank to offload bad debt; RBI defends inflation forecast accuracy

In its monthly bulletin, the RBI said the Indian economy gained further momentum in October despite global headwinds. It attributed the pickup to festive spending and GST rate rationalisation, supported by robust high-frequency indicators.

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