Economy & Policy News

The multilateral funding agency also revised downwards its forecast for the next financial year (FY26) to 7 per cent from 7.2 per cent estimated earlier

Yogi 2.0 to offer 30% subsidy on investments of Rs 1,000 crore

Sitharaman said that intergenerational debt is mounting on countries, and it is important for the government and industry to work together to manage debt at the national and sub-national levels

Addressing the participants, including delegates from 11 countries, he further said that modern India has a 7,500 km coastline, 13 major ports, and 200 non-major ports that establish it as an

In financial sector, regulators have the tendency to lean towards excessive regulations, as if things go wrong in this sector the state is expected to bail out and the effects are systemic

Changes in US trade, fiscal, and immigration policies could dent growth and add to inflation in developing Asia

In the absence of meaningful private investment and job creation, India is slipping back into its pre-Covid-19 rut, and its economic czars are once again publicly refusing to acknowledge the slowdown

The balances in the RVAs are built through inward remittances in freely convertible currencies

In rural India, 17.8 per cent households were indebted to institutional credit agencies against 14.5 per cent households in urban India

For 2025-26 and 2026-27, S&P Global Ratings pegged India's GDP growth forecast at 6.7 per cent and 6.8 per cent, respectively, down 20 basis points from its previous estimates

India also flagged the difference in the amount of subsidy provided by developing nations such as India, as compared to developed nations

His appointment comes at a time when the Goods and Services Tax Council meeting is scheduled for December 21 in Jaisalmer

Foreign exchange market participants said that state-owned banks sold dollars on behalf of the RBI at 84.85 per dollar to prevent further depreciation of the exchange rate

The state's own tax revenue constituted a major part of the revenue receipts to almost 62 per cent

Malhotra, 56, will take over as governor today at a time when there is growing clamour for an interest rate cut to support slowing economic growth

What India needs is to replicate the Apple Inc model and get global giants to build scale in the country by focusing on not only the domestic market but also exports

Malhotra's appointment comes as economic growth has slowed and inflation has risen

Claudio Borio, head of the Bank for International Settlements' monetary and economic department, said he was on alert for a government debt glut causing bond market ructions

The new scheme, likely to be backed by Nabfid, aims to offer retail investors an alternative savings route to equity markets

Following the repeal of the 2021 farm laws, a new policy looks to pass the baton of enacting wide-ranging agricultural reforms to states, a position that they held earlier