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…
Category: Economy
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…
Centre firms up new land-transfer norms to help public asset monetization
NEW DELHI: Standardized valuation, identification of surplus land and norms for the transfer, exchange, lease and commercial sale of land are among the key features of a new framework that…
Iran war to slow down India’s FY27 economic growth: rating agencies
New Delhi: India’s FY27 economic growth rate is likely to slow from that of the year ended 31 March, due to the West Asia war pushing crude oil to uncomfortable…
India notifies standards for petrol with up to 30% ethanol amid energy crisis
New Delhi: India has laid the technical groundwork for petrol blended with up to 30% ethanol, signalling the government’s intent to move beyond the ongoing E20 rollout as geopolitical tensions…
The mounting stress in the unorganized sector, explained in 5 charts
For decades, India’s unorganized sector has remained a mainstay of employment in the economy, even as its share of economic output has declined. Large companies and factories have failed to…
Oil prices fall 2% as Trump delays planned strike on Iran
Global crude prices fell around 2% on Tuesday morning after US president Donald Trump announced to defer a planned military strike on Iran. At 8:15 AM, the July contract of…