The Reserve Bank of India is considering all of its available options to stabilize the rupee, including an interest rate hike, more currency swaps and raising dollars from investors overseas,…
Category: Economy
India factory growth likely slowed in May as manufacturing loses momentum amid Iran war, services stay resilient
NEW DELHI: India’s private-sector economy likely lost some momentum in May as the West Asia conflict and softer demand conditions weighed on manufacturing and services, even as overall activity remained…
Oil prices trade marginally higher as traders await clarity on peace deal, Trump says ‘no hurry’ on deal with Iran
Global oil prices rose marginally on Thursday morning as traders awaited clarity on a possible peace deal between Iran and the US. Prices edged higher after falling around 6% in…
Melody to ears? India’s toffee exports are on a roll
India’s exports of toffees and similar confectionery products grew over 10% in volume and 166% in rupee terms since FY14, reaching as many as 74 countries during the period. India’s…
India’s core sector growth edges up to 1.7% in April on steel, cement boost
New Delhi: India’s core infrastructure sector growth rose 1.7% year-on-year in April, up from 1.2% in March, driven by strong output in steel, cement and electricity, even as five of…
UN agency flags India growth slowdown to 6.4% in FY27 as Iran war fuels global inflation, cost pressures
NEW DELHI: India’s economy is expected to grow 6.4% in fiscal 2026-27, slowing from an estimated 7.5% expansion in FY26, as the West Asia conflict raises energy import costs, tightens…
Only 8% of Atal Pension Yojana’s subscribers opt for ₹5,000 monthly slab; 87% choose minimum sum of ₹1,000
About 87% of Atal Pension Yojana’s subscribers have opted for the minimum assured sum of ₹1,000 per month, while only a little over 8% have chosen the highest slab of…
Oil prices subdued amid mixed signals from US on Iran war
Global oil prices traded subdued on Wednesday morning, holding above $110 a barrel, as markets weighed mixed signals from US president Donald Trump on the prospects of the war on…
Carmakers push for cheaper high-ethanol fuels, tax breaks for flex-fuel vehicles
New Delhi: India’s automakers have told the government that consumers are unlikely to adopt flex-fuel vehicles unless high-ethanol fuels such as E85 and E100 are priced significantly below , according…
PM SVANidhi Scheme, PM Mudra Yojana may face loan repayment stress amid West Asia war
Policy planners expect some repayment stress to affect small-ticket loans disbursed under two flagship government schemes—PM SVANidhi Scheme and Pradhan Mantri Mudra Yojana—in the next few quarters as a fallout…