Economy & Policy News

RBI unlikely to opt for deeper rate cuts despite softer inflation print

India's headline consumer price index (CPI) inflation eased to 3.61 per cent in February-the lowest since July 2024-on the back of a sharp decline in food inflation

Updated On: 13 Mar 2025 | 8:34 PM IST
Bs_logoRBI unlikely to opt for deeper rate cuts despite softer inflation print

New IIP series to use GST data, be seasonally adjusted: MoSPI Secy

Besides, the new IIP series will be chain-based, as the annual survey of industries (ASI) data is available to adjust the weights of different industries

Updated On: 13 Mar 2025 | 7:56 PM IST
Bs_logoNew IIP series to use GST data, be seasonally adjusted: MoSPI Secy

RBI to set up 'On Tap' cohort on climate change risks: Guv Malhotra

As a central bank, he said the RBI is mindful of its role in addressing and mitigating risks to the financial system from climate change

Updated On: 13 Mar 2025 | 7:08 PM IST
Bs_logoRBI to set up 'On Tap' cohort on climate change risks: Guv Malhotra

India to become world's third-largest economy by 2028: Morgan Stanley

According to Morgan Stanley, India was the 12th largest economy in the world in 1990, slipped to 13th position in 2000 before rising to 9th rank in 2020 and 5th in 2023

Updated On: 13 Mar 2025 | 6:37 PM IST
Bs_logoIndia to become world's third-largest economy by 2028: Morgan Stanley

Food prices cool Feb inflation to 3.61%; IIP rises to 8-month high in Jan

Rajani Sinha, chief economist at CARE Ratings, said food inflation is likely to remain benign in the coming months but any weather-related disruptions could play spoilsport

Updated On: 13 Mar 2025 | 12:51 AM IST
Bs_logoFood prices cool Feb inflation to 3.61%; IIP rises to 8-month high in Jan

Speed of digital penetration at individual level needs to be stepped up

The State of India's Digital Economy Report 2025 says that India is the third largest digitised country in the world at an aggregate level

Updated On: 13 Mar 2025 | 12:06 AM IST
Bs_logoSpeed of digital penetration at individual level needs to be stepped up

US tariffs on steel & aluminium come into effect; MSMEs to be hit

While large steel players that produce carbon steel products may not see any major impact, since exports of such products is limited

Updated On: 12 Mar 2025 | 11:35 PM IST

India well placed to tackle Trump's tariff volleys: Blackstone CEO

Blackstone to invest $100 bn in India in future

Updated On: 12 Mar 2025 | 11:17 PM IST

Nandan Nilekani's 4 tips for India's economy to hit $8 trn mark by 2035

Outlining key factors for India's economic expansion, Nilekani spoke about the necessary "Big Unlocks" required to accelerate the country's growth rate from 6 per cent to 8 per cent

Updated On: 12 Mar 2025 | 7:33 PM IST

Dollar struggles to lift off lows as traders gear for potential trade war

President Donald Trump's unpredictable announcements on trade policy have whipsawed markets and drawn tariff retaliation from trading partners, ramping up a global trade war

Updated On: 12 Mar 2025 | 6:58 PM IST

India's retail inflation eases to 7-month low of 3.61% in February

Industrial output picks up at 5 per cent in January 2025 from 3.2 per cent in December

Updated On: 12 Mar 2025 | 4:41 PM IST

India's economic growth to exceed 6.5% in FY26, says Moody's Ratings

Moody's said that following a temporary slowdown in mid-2024, India's economic growth is expected to reaccelerate and record one of the fastest rates among large economies globally

Updated On: 12 Mar 2025 | 1:44 PM IST

India imposing 150% tariff on US alcohol, 100% on agriculture goods: WH

While addressing a press briefing, Press Secretary Karoline Leavitt said that US President Donald Trump believes in reciprocity and wants to have fair and balanced trade practices

Updated On: 12 Mar 2025 | 8:20 AM IST

Piyush Goyal likely to visit US later this month with revised tariff offer

This could be the Commerce minister's second visit to US in less than a month

Updated On: 11 Mar 2025 | 11:13 PM IST

I-T Bill may not impact revenue collection: MoS finance Pankaj Chaudhary

The Bill retains existing technological reforms, including initiatives such as pre-filled income tax returns (ITRs), the Annual Information Statement, and faceless proceedings

Updated On: 11 Mar 2025 | 10:49 PM IST

Removing high-cost debt has lowered borrowing cost: FM Sitharaman

Sitharaman's comments came in the backdrop of the government's target of bringing down the debt-to-GDP ratio to 50 per cent by 2030, from the current 57 per cent

Updated On: 11 Mar 2025 | 10:48 PM IST

FCPA freeze fallout: Trump's order stalls probes, but SEC scrutiny remains

Despite the current pause, experts say that the FCPA remains in effect, and policy shifts or risk of prosecution by future administrations remain

Updated On: 11 Mar 2025 | 10:31 PM IST

Absolute poverty virtually eliminated, says Niti Aayog's Arvind Virmani

Share of those falling under the 'vulnerable' category has dropped to 15 per cent from over 50 per cent 12 years ago

Updated On: 11 Mar 2025 | 10:28 PM IST

Growth in net sales of FDI companies moderated to 9.3% in FY24: RBI

The Reserve Bank released the data relating to financial performance of non-government non-financial (NGNF) FDI companies in India during 2023-24 based on audited annual accounts of 2,418 companies

Updated On: 11 Mar 2025 | 8:20 PM IST

Centre finalising export schemes to shield exporters from US tariffs

Exporters are seeing the worrying trend of holding back orders due to anticipation of the fear of reciprocal tariffs by the US

Updated On: 11 Mar 2025 | 8:12 PM IST