Finance Minister Nirmala Sitharaman addresses the 12th SBI Banking and Economics Conclave 2025, in Mumbai, on November 6, 2025. Picture: X/@nsitharamanoffc Finance minister Nirmala Sitharaman on Thursday (November 6, 2025) asked banks to adhere to system driven lending practices and learn from the past so that financial discipline is not threatened. “We have many self-reliant…
The international demand for Indian services improved further, as signalled by another increase in external sales. File | Photo Credit: Getty Images/iStockphoto India’s services sector growth witnessed the slowest pace of expansion in five months in October, as competitive pressures and heavy rains in parts of the country led to a slower increase in output, according…
The upcoming Household Income Survey, 2026, which is going to be the first of its kind, could offer the clearest picture yet of India’s households, revealing how they are coping, changing, and moving towards the future. However, the challenge with such an exercise lies in the sensitive nature of questions about individual income, which many…
V. Anantha Nageswaran | Photo Credit: ANI Chief Economic Advisor (CEA) V. Anantha Nageswaran on Tuesday said investments being made in India must focus on the economy becoming more competitive. He was responding to a question on addressing export gaps in the light of the recent tariffs imposed by the U.S. I Speaking at Delhi University’s…
Image for representation only | Photo Credit: Getty Images/iStockphoto India’s richest 1% expanded its wealth by 62% between 2000 to 2023, according to a report commissioned by the South African Presidency of the G20. The study, led by Nobel laureate Joseph Stiglitz, warns that global inequality has reached “emergency” levels, threatening democracy, economic stability, and…
Last week, online retail giant Amazon announced that it would reduce its global corporate workforce by about 14,000 people. Amazon CEO Andy Jassy had already flagged the possibility of job cuts in June, saying the increased use of Artificial Intelligence (AI) tools and agents would lead to more corporate job cuts. A week before Amazon’s…
“The real impact of frontier technologies will come from how well we customise solutions – whether for a smallholder or a commercial cultivator; a farmer growing staples or a horticulturist,” NITI Aayog CEO B.V.R Subrahmanyam | Photo Credit: The Hindu India’s rapidly advancing bioeconomy sector, encompassing agriculture, forestry, fisheries, and aquaculture, is projected to reach…
Union Minister of Commerce and Industry Piyush Goyal. File | Photo Credit: ANI India and New Zealand began the fourth round of negotiations towards a free trade agreement, with the Indian team visiting Auckland until November 7, the Ministry of Commerce and Industry announced on Monday (November 3, 2025). “Negotiations in this round are focusing…
Manufacturers cited demand strength, efficiency improvements, new clients and technology investments as factors driving higher production. Representational file image | Photo Credit: SHIV KUMAR PUSHPAKAR India’s manufacturing activity gained momentum in October as domestic demand strengthened, offsetting a slowdown in export growth, although business optimism slipped from a seven-month high, a business survey showed on…
Image used for representational purposes. | Photo Credit: Getty Images/iStockphoto Precious metals continued their upward journey in the first half of October, with both gold and silver reaching fresh all-time highs. The prices cooled off subsequent to the U.S. Federal Reserve’s interest rate decision being announced. The firming up of the U.S. dollar too played…
