With data showing a steep decline in price rise in June, Reserve Bank Governor Sanjay Malhotra on Friday (July 25, 2025) said that the outlook on inflation and growth will determine future rate cuts, making it clear that the current data will not influence the trajectory. Speaking at the FE Modern BFSI Summit in…
Photo used for representation purpose only., | Photo Credit: Getty Image/iStockphoto S&P Global Ratings on Tuesday (June 24, 2025) raised India’s GDP forecast for current fiscal to 6.5% assuming a normal monsoon, lower crude oil prices and monetary easing. S&P, also, flagged rising risks to the global economy due to the turbulence in the Middle…
Union Finance Minister Nirmala Sitharaman addresses the India Exim Bank Trade Conclave 2025, in New Delhi, on June 24, 2025. | Photo Credit: PTI The Modi government’s approach towards enhancing India’s exports has meant that exporters no longer have to be located in Special Economic Zones (SEZs) to export their goods, Union Finance Minister Nirmala…
From the Sensex constituents, Adani Ports, Tata Steel, Kotak Mahindra Bank, UltraTech Cement, Bajaj Finserv and Titan were among the biggest gainers. File | Photo Credit: PTI Equity benchmarks Sensex and Nifty on Tuesday (June 24, 2025) gave up most of their sharp intra-day gains due to the emergence of profit-taking as investors turned cautious amid…
Prime Minister Narendra Modi shakes hands with his British counterpart Keir Starmer after Britain’s Secretary of State for Business and Trade, Jonathan Reynolds and Union Minister Piyush Goyal signed a free trade agreement, at Chequers Estate, in U.K.. (X/@narendramodi) The India-UK Free Trade Agreement (FTA) signed on Thursday (July 25, 2025) establishes a modern, forward-looking…
The markets watchdog proposed MIIs, like stock exchanges or clearing corporations, appoint two executive directors reporting to the Managing Director. | Photo Credit: HEMANSHI KAMANI Securities and Exchange Board of India (SEBI) proposed measures to strengthen the governance of market infrastructure institutions (MII) in a consultation paper released on June 24. The need for review…
India’s oil imports from Russia declined 14.5% in February, the lowest since January 2023. | Photo Credit: Reuters The story so far: Reversing course after being on an upward trajectory for about a week, oil prices slipped as much as 9% late Monday with emerging confidence about no disruption to oil supply globally and a de-escalation…
Some of the particular success stories of the PLI schemes in enhancing exports are in textile sector, an official release said. Representational file image. | Photo Credit: EMMANUAL YOGINI The government’s Production-Linked Incentive scheme has seen the government provide ₹21,534 crore worth of incentives in various sectors, thereby attracting investments worth ₹1.76 lakh crore, according…
UPI has transformed the digital payments landscape in India, the IMF paper said. Photo: X/@UPI_NPCI A new paper published by the International Monetary Fund has lauded the impact of the Unified Payments Interface (UPI) system in India and has said those looking to move from cash to digital payments should also carry out the other…
File photo of The Reserve Bank of India (RBI) logo. | Photo Credit: Reuters Amid global uncertainties, various high-frequency indicators point towards resilient economic activity in India across the industrial and services sectors, the Reserve Bank Bulletin said on Wednesday (June 25, 2025). “The global economy is in a state of flux, reeling from…
