Economy

Economy

India may see up to $50 billion forex inflows in FY27 under RBI’s latest measures: Report

New Delhi, June 12: The Reserve Bank of India’s (RBI) latest measures to boost foreign currency inflows are...
Economy

Govt rejects Bloomberg report on RBI gold sell-off, says reserves rose to 16.85 pc as of May 22

New Delhi, June 3:  The Central government on Wednesday firmly rejected claims that the Reserve Bank of India...
Economy

RBI net forex purchase rose to $7.41 billion in February

New Delhi, April 23: The Reserve Bank of India purchased $7.41 billion in the foreign exchange market during...
Economy

RBI absorbing Rs 2 lakh crore excess liquidity via reverse repo auction

Mumbai, April 10: The Reserve Bank of India announced on Friday that it is carrying out a Variable...
Economy

From untapped potential to a powerhouse: Transformation of tourism in Assam 

  -- By Mayuraxi Kalita Assam, the gateway of North-East India, known for its rich biodiversity, vast river systems, cultural...
Economy

India’s $700 billion reserves can deter speculation, targeted FX tools necessary: Report

New Delhi, March 31: India’s foreign‑exchange reserves of over $700 billion are large enough to deter speculative moves...
Economy

No material concerns, HDFC Bank has sound financials: RBI

New Delhi, March 19: The Reserve Bank of India (RBI) on Thursday said that HDFC Bank is a...
Economy

India remains fastest-growing major economy, domestic investors power market resilience

New Delhi, March 14: India’s economy continues to outperform major global peers, with strong growth momentum and a...
Economy

US waiver frees almost 20 million barrels of Russian oil for sale

New Delhi, March 13: The US waiver for buying seaborne Russian crude has immediately freed another 20-odd million...
Economy

India has enough forex to handle rise in global oil prices, economy poised for high growth

New Delhi, March 6: While the Iran war has already driven Brent crude up around 9 per cent...
Economy

Global oil prices to rise as US, Israel launch massive attack on Iran

New Delhi, Feb 28:  Oil prices are expected to rise due to the “massive combat operation” launched by...
Economy

US tariff cut to 10 pc brings relief for India, other emerging economies: Expert New

New Delhi, Feb 21 : Calling the US decision to reduce tariffs to 10 per cent a ‘very...
Economy

India’s forex surges by $8.663 billion to reach all-time high of $725.727 billion

Mumbai, Feb 20: India's foreign exchange reserves increased by $8.663 billion to an all-time high of $725.727 billion...
Economy

‘India emerges as viable third pole in fragmented global economy’

New Delhi, Feb 11:  With the United States, China, and Russia creating a hostile world, Europe and Canada...
Economy

Stock market cheers India-US trade deal, Sensex rallies over 2,400 points

Mumbai, Feb 3: The Indian equity markets surged sharply by around 3 per cent early on Tuesday with...
Economy

India’s fiscal deficit in April-December touches 54.5 per cent of full year target

New Delhi, Jan 30: India's fiscal deficit for the first nine months (April-December) of the financial year 2025-26...
Economy

India converting waste to clean energy at scale: Hardeep Puri

New Delhi, Jan 30: Petroleum and Natural Gas Minister Hardeep Singh Puri on Friday highlighted that the Biofuels...
Economy

Govt may go for 10 per cent capex hike in Union Budget 2026-27: SBI report

New Delhi, Jan 28: The government's capex (capital expenditure) may cross Rs 12 lakh crore in the forthcoming...
Economy

India to host envoys of 83 countries at roundtable on seafood exports

New Delhi, Jan 20: The Centre’s Department of Fisheries is organising a roundtable conference with ambassadors and high...
Economy

India’s GDP growth likely to scale 7.5 per cent in FY 26: SBI report

New Delhi, Jan 7: While the 7.4 per cent GDP growth rate projected for FY 26 in the...
Economy

India’s GDP projected to grow 7.4 pc in FY26, RBI to keep rates unchanged in Feb

New Delhi, Dec 27: India’s real GDP growth is projected at 7.4 per cent for FY26, up from...
Economy

Rupee depreciation influenced by multiple factors, including US trade pact developments: Minister

New Delhi, Dec 16: The depreciation of the Indian rupee during the current financial year 2025-26 has been...
Economy

Cong flags sharp rupee decline in Rajya Sabha, warns of widespread economic strain

New Delhi, Dec 4:  During Zero Hour in the Rajya Sabha on Thursday, Congress MP from Madhya Pradesh...
Economy

Gold likely to touch $5,000 in 2026 amid macro tail events: Report

New Delhi, Nov 25: Gold extended gains on Tuesday amid Bank of America forecasting the yellow metal to...
Economy

Hydrogen may replace natural gas in India in 5 to 10 years: Top official

New Delhi, Nov 4: With hydrogen prices declining faster than anticipated, India could see hydrogen become a viable...
Economy

Oil and gas hunt stepped up in 7 sedimentary basins across India: Hardeep Puri

New Delhi, Nov 4: Union Petroleum Minister Hardeep Singh Puri said on Tuesday that India’s energy journey is...
Economy

India won’t rush into a trade deal: Piyush Goyal

New Delhi, Oct 24: Commerce and Industry Minister Piyush Goyal said on Friday that India will not rush...
Economy

Car sales more than doubled to over half a million units: FM Sitharaman on GST 2.0

New Delhi, Oct 22: Finance Minister Nirmala Sitharaman on Wednesday said that the GST 2.0 reforms, which came...
Economy

India’s energy policy reflects national interests: Russian envoy slams Trump’s oil claims

New Delhi, Oct 16: Russian Ambassador to India Denis Alipov on Thursday dismissed US President Donald Trump's claim...
Economy

India’s oil and gas imports guided entirely by consumer interests

New Delhi, Oct 16: India has made it clear that the country’s import policy for oil and gas...
Economy

India’s travel economy hits Rs 2.3 lakh crore, and it’s just the beginning: Gajendra Singh Shekhawat

Jaipur, Oct 14: Tourism in India is fast emerging as one of the country’s most dynamic economic engines,...
Economy

Big boost for exporters: FIEO hails government move to extend RoDTEP scheme till March 2026

New Delhi, Sept 30: The Federation of Indian Export Organisations (FIEO) on Tuesday welcomed the government’s decision to...
Economy

US decision on H-1B visa fee hike likely to have humanitarian consequences: Govt

New Delhi, Sep 20: India on Saturday said that the fallout of the US administration’s decision to impose...
Economy

Identifying the road ahead for India-US trade talks

New Delhi, Sep 16: In what can be seen as navigating the way on a dense foggy morning,...
Economy

ED returns assets valued at Rs 163.85 crore to SBI in Rs 380 crore bank fraud case

Chennai, Sep 15: The Chennai Zonal Office of the Enforcement Directorate (ED) has restituted 27 immovable properties worth...
Business

US Chief Negotiator arriving in New Delhi to resume trade talks, govt set to finalise Export Promotion Mission

New Delhi, Sep 15: Amid the thaw in India-US relations, American Chief Negotiator Brendan Lynch is set to...
Economy

Low inflation to give RBI space to cut rates by 50 bps this year: Report

New Delhi, Sep 15: India’s inflation rate, based on the Consumer Price Index (CPI), is expected to remain...
Economy

Fitch raises India’s FY26 growth forecast to 6.9 pc on robust demand, investments

New Delhi, Sep 10: India is showing resilience amid geo-political uncertainties and is projected to stay above 6...
Economy

GST revamp to boost cooperative sector, 10 crore dairy farmers: Govt

New Delhi, Sep 6: The landmark Goods and Services Tax (GST) reforms will strengthen the cooperative sector, make...
Economy

India’s forex reserves surge by $ 3.51 billion to $694.23 billion

Mumbai, Sep 5: India's foreign exchange reserves rose by $3.51 billion to $694.23 billion for the week ended...
Economy

Trump targets India again over trade and tariffs, calls business ties ‘one-sided’

Washington, Sep 1: US President Donald Trump on Monday escalated his criticism of Washington's trade ties with New...
Economy

India’s textile sector gets booster shot with import duty exemption on cotton

New Delhi, Aug 28: India’s textile industry, the country’s second-largest employment provider, requires stable access to high-quality cotton....
Economy

India projected to become world’s 2nd-largest economy in PPP terms by 2038: Report

New Delhi, Aug 27: When it comes to purchasing power parity (PPP), India is likely to become the...
Economy

Trump tariffs a shock therapy India needs to break free of dependence: Economists

New Delhi, Aug 27: The extreme US tariffs are nothing less than "economic blackmail", but they may also...
Economy

Japan plans to double target for investment in India to $68 billion

New Delhi, Aug 22:  The Japanese government plans to double the target for private-sector investment in India to...
Economy

India’s GDP growth projected at 6.7 pc in Q1 FY26, urban consumption to rise: Report

New Delhi, Aug 19: India is expected to clock 6.7 per cent growth in the first quarter of...
Economy

RBI may cut repo rate if GDP further declines: Report

New Delhi, Aug 14: The Reserve Bank of India’s Monetary Policy Committee (MPC) could consider further policy rate...
Economy

Trump tariffs ‘shocking’, India’s growing economy its major strength: Lisa Curtis

New Delhi, Aug 7: Leading foreign policy and national security expert Lisa Curtis, who served as former Deputy...
Economy

Tea industry urges DGFT to regulate tea imports under AUS to safeguard India-origin tea in markets

Guwahati, August 7: Raising concern over lack of proper monitoring of duty-free tea imports under Advanced Authorisation Scheme...
Economy

India’s forex reserves rise by $2.7 billion to $698.19 billion

Mumbai, Aug 1:  India’s foreign exchange reserves increased by $2.7 billion to reach $698.19 billion for the week...
Economy

India’s sugar production to rise 18 pc YoY, exports likely to touch 2 million in next season

Mumbai, Aug 1: India's sugar production is projected to rise 18 per cent to 34.90 million tonnes in...
Economy

Trade talks with US progressing well: FM Sitharaman

New Delhi, July 26: Finance Minister Nirmala Sitharaman on Saturday said that trade talks with the US is...
Economy

India moves with trade deals at blistering pace, US needs to act fast: Report

New Delhi, July 26:  As India continues to sign trade deals at a blistering pace, the latest one...
Economy

US dollar may no longer be sole anchor in global currency, rupee remains strong

New Delhi, July 25:  Global currency markets are undergoing a significant transition as the US dollar faces consistent...
Economy

Industry leaders hail game changing India-UK free trade agreement

New Delhi, July 24: Prime Minister Narendra Modi and his British counterpart Keir Starmer signed the eagerly-anticipated Free...
Economy

Reliance Industries’ Q1 net profit soars 78 pc to Rs 26,994 crore

Mumbai, July 18: Reliance Industries on Friday reported a strong 78 per cent year-on-year (YoY) jump in its...
Economy

SBI sets floor price at Rs 811.05 for its Rs 20,000 crore bonds

New Delhi, July 16: State Bank of India (SBI), the country's largest public sector lender, on Wednesday set...
Economy

India steps up trade talks with EU, US and ASEAN ahead of key deadlines

New Delhi, July 15: The coming months will be crucial for India’s global trade relations, as the government...
Economy

Top online trading platforms lose about 20 lakh active users in first half of 2025

Mumbai, July 10: Top four online trading platforms together lost nearly 20 lakh active investors in the first...
Economy

‘Resilient economy’: India’s forex reserves cross $700 billion mark again

Mumbai, July 4: India’s foreign exchange reserves once again crossed the $700 billion mark, reaching $702.78 billion for...
Economy

Indian team returns from US after trade talks, farm & dairy products stay sticky issue

New Delhi, July 4: India's high-level official delegation, led by chief negotiator Rajesh Agrawal, has returned from Washington...
Economy

India curbs jute imports from Bangladesh as dumping hurts local farmers and mills

New Delhi, June 28:  India on Saturday decided to impose port restrictions, with immediate effect, on the import...
Economy

Sensex surges over 1,000 points as investors cheer easing of tensions in Middle East

Mumbai, June 24: The Indian stock market witnessed a sharp surge on Tuesday, with the Sensex soaring more...
Economy

Adani commissions India’s first off-grid green hydrogen pilot plant of 5MW capacity

Ahmedabad, June 23: Adani New Industries Limited (ANIL) on Monday announced the successful commissioning of India’s first off-grid...
Economy

Oil prices ease as Trump pauses decision on US intervention in Israel-Iran conflict

New Delhi, June 20: Crude oil prices eased in the global market on Friday, with the benchmark Brent...
Economy

Crisil suggests excluding gold from India’s core inflation index for clear domestic trends

New Delhi, June 18: A Crisil report on Wednesday suggested that similar to food and fuel categories, which...
Economy

Oil prices continue to surge amid growing Israel-Iran tensions

New Delhi, June 17: Oil prices rose sharply on Tuesday after US President Donald Trump called for the...
Economy

US, China agree on trade truce

London, June 11: Top US and Chinese officials announced on Wednesday that they have agreed to a framework...
Economy

Stock market exhibits resilience, RBI’s rate cut icing on the cake

Mumbai, June 7: After starting the week with consolidation, the domestic market exhibited resilience amid concerns over tariff...
Economy

India aims for joint rare earth mineral exploration with 5 Central Asian nations

New Delhi, June 6: India and five Central Asian countries on Friday expressed interest in joint exploration of...
Economy

How much will your home loan EMI drop after RBI’s 50 basis points repo rate cut?

New Delhi, June 6: If you have a home loan, your EMI is set to reduce by over...
Economy

RBI booster: EMIs, tenure set to come down for home loan borrowers

New Delhi, June 6: The jumbo 50 bps rate cut by the Reserve Bank of India (RBI) will...
Economy

Maruti Suzuki dispatches record 5.2 lakh vehicles through Railways in FY25 as part of green drive

New Delhi, June 5: Maruti Suzuki India Limited dispatched a record number of 5.18 lakh vehicles through Indian...
Economy

Above-average monsoon drives rural demand for Indian automobile sector: HSBC

New Delhi, June 3: The above-average monsoon is driving rural demand for the Indian automobile sector, and tractor...
Economy

RBI MPC likely to go for 25 bps rate cut on June 6 as inflation cools: Analysts

New Delhi, June 2: As the RBI’s Monetary Policy Committee (MPC) is set to meet later this week,...
Economy

Close to the finish line on breakthrough India-US trade deal: Kevin Hassett

New Delhi, May 27: India is nearing the finish line to clinch a breakthrough trade deal with the...
Economy

IMF likely to review Pak funding in 2025 second half amid 11 new conditions

New Delhi, May 24: The International Monetary Fund (IMF) is expected to conduct the next funding review for...
Economy

Indian economy shows resilience despite weak global growth: RBI

New Delhi, May 22: The global growth continues to face headwinds with persistent trade frictions, heightened policy uncertainty,...
Economy

Economists see RBI dividend to govt surpassing record Rs 2.5 lakh cr in 2025-26

Mumbai, May 16: Economists expect the Reserve Bank of India's (RBI) dividend to the government to surpass a...
Economy

FIIs to resume equity purchases in India as bulls roar: Analysts

Mumbai, May 12: The ceasefire between India and Pakistan has paved the way for a sharp rally in...
Economy

NSE clocks total income of Rs 4,397 crore in Q4, recommends Rs 35 dividend

Mumbai, May 6: The National Stock Exchange of India (NSE) on Tuesday reported a consolidated total income of...
Economy

India poised to replace Japan as world’s 4th-largest economy this year: IMF

New Delhi, May 6: India is poised to become the world’s fourth-largest economy in 2025 with the country’s...
Economy

98.24 percent of Rs 2,000 banknotes have been returned: RBI

Mumbai, May 2: As many as 98.24 per cent of the Rs 2,000 banknotes which were in circulation...
Economy

Daily UPI transactions surge to 596 million in April, value touches Rs 24 lakh crore

New Delhi, May 1: The number of daily Unified Payments Interface (UPI) transactions in the country rose to...
Economy

India’s gold demand crosses 800 tonnes in 2024: Report

Mumbai, April 29: India's gold demand surged past 800 tonnes in 2024, driven by a rise in jewellery...
Economy

India-Pakistan tensions: History shows Sensex bounced back stronger after every conflict

Mumbai, April 28: Even as tensions between India and Pakistan rise once again following the barbaric Pahalgam terror...
Economy

US Treasury Secretary expects India to strike first trade deal

New York, April 24: US Treasury Secretary Scott Bessent expects India to strike the first trade deal with...
Economy

Gold hits new record high of Rs 96,805, may touch Rs 1 lakh mark soon

New Delhi, April 21: Gold prices in India touched a new record high of Rs 96,805 per 10...
Economy

Equity MF inflows double in FY25, AUM jumps 23 pc on SIP surge

Mumbai, April 19: Active equity mutual fund (MF) schemes closed the financial year 2024–25 (FY25) with record-breaking inflows...
Economy

Sensex surges over 1,500 points, Nifty Bank at near all-time high

Mumbai, April 17: Indian stock markets ended sharply higher on Thursday, extending their winning run for the fourth...
Economy

Mark Mobius: India has potential to become world’s 2nd-largest economy

New Delhi, April 16: Not just the world's third-largest economy, India has the potential to become the second-largest...
Economy

Mutual Fund industry’s AUM hits record Rs 65.74 lakh crore in March: AMFI

Mumbai, April 11: India’s mutual fund industry reached a new milestone in March, with total assets under management...
Economy

Bank of India, UCO Bank cut lending rates after RBI repo rate slash

New Delhi, April 9: Hours after the Reserve Bank of India (RBI) announced a 25 basis points cut...
Economy

RBI rate cut to spur demand for home, auto, and personal loans: Banks

New Delhi, April 9: Leading banks on Wednesday said that the RBI rate cut, coupled with the revision...
Economy

RBI cuts inflation forecast to 4 per cent for 2025-26

Mumbai, April 9: The Reserve Bank’s Monetary Policy Committee has reduced its inflation forecast for 2025-26 to 4...
Economy

Tariff shock indicates 25bps rate cut, RBI stance may turn ‘accommodative’: Report

New Delhi, April 8: The swift shift in global sentiment, high market volatility and fear of recession amid...
Economy

Oil PSUs to absorb excise duty hike on petrol, diesel, no impact on consumers: Hardeep Puri

New Delhi, April 7: The government-owned oil marketing companies will absorb the increase in excise duty on petrol...
Economy

US tariffs: Gold, crude oil prices tumble amid global uncertainty

New Delhi, April 7: The effect of the newly announced reciprocal tariffs by US President Donald Trump is...
Business

Indian stock market crashes amid US reciprocal tariff fears

Mumbai, April 7: The Indian stock markets crashed on Monday morning over fears of US reciprocal tariffs set...
Economy

Rupee working abroad a proud moment, credit goes to PM Modi: Prominent NRI businessman

New Delhi, April 5: Lauding Prime Minister Narendra Modi's vision and India's rise as a global power, Pervinder...
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