The U.S. has imposed high tariffs, notably a 50% duty implemented in August 2025, which significantly impact India’s marine exports. File image used for representation. | Photo Credit: The Hindu The higher tariffs imposed on Indian goods by American President Donald Trump would have a long-term impact, especially for India’s marine exports, officials of the…
Representational image of gold bars | Photo Credit: Reuters The Reserve Bank of India (RBI) has allowed banks to grant need-based working capital loans to manufacturers using gold as raw material, extending the provision currently available only to jewellers. Banks are generally prohibited from lending for the purchase of gold/silver in any form, or lending…
The three-day closed-door Monetary Policy Committee (MPC) meeting, which commenced on Monday (September 29, 2025), has raised hopes of a rate cut. The October policy comes within weeks of a cut in Goods and Services Tax (GST) and at a time when demand is likely to be created in the domestic market amid the…
The U.S. has imposed high tariffs, notably a 50% duty implemented in August 2025, which significantly impact India’s marine exports. File image used for representation. | Photo Credit: The Hindu The higher tariffs imposed on Indian goods by American President Donald Trump would have a long-term impact, especially for India’s marine exports, officials of the…
Image used for representation purpose only. | Photo Credit: Reuters Moody’s Ratings on Monday (September 29, 2025) affirmed India’s long-term local and foreign-currency issuer ratings and the local-currency senior unsecured rating at Baa3 with a ‘Stable’ outlook on the back of robust economic growth and sound external position. The global rating agency also affirmed India’s…
Representational image of the Reserve Bank of India (RBI) logo pictured outside its head office | Photo Credit: Reuters The government has appointed Shirish Chandra Murmu as Deputy Governor of the Reserve Bank of India for a three-year term. The Appointments Committee of the Cabinet approved his appointment on Monday (September 29, 2025). Mr. Murmu’s…
File photo of Consumer Affairs Secretary Nidhi Khare. Consumer Affairs Secretary Nidhi Khare on Monday (September 29, 2025) said the government’s National Consumer Helpline (NCH) has received 3,000 complaints related to GST since the implementation of reduced taxes. “We have so far received 3,000 consumer complaints. We are sending them to the CBIC (Central Board…
The government has signed agreements with 26 overseas and domestic firms during the ‘World Food India’ summit for investments worth ₹1.02 lakh crore in India’s food processing sector. The summit, organised by the Ministry of Food Processing Industries, was held at Bharat Mandapam in the national capital from September 25 to 28. In an official…
When India’s national auditor, the Comptroller and Auditor General (CAG), released a decadal analysis on States’ macro-fiscal health, one headline somehow travelled faster than anything else highlighted in the study — Uttar Pradesh, long labelled as a backward State lagging in fiscal performance, was said to have recorded a revenue surplus of ₹37,000 crore. This…
K.N. Balagopal, Finance Minister of Kerala (Right) with Bhatti Vikramarka Mallu, Deputy Chief Minister of Telangana (2nd Right) and T.C.A. Sharad Raghavan, Economic and Business Editor of The Hindu seen during, ‘The Hindu Mind’ , in New Delhi on September 15, 2025. | Photo Credit: Sushil Kumar Verma The GST Council did not discuss the…
