Economy

Public sector banks slashed key rates more than private ones: RBI Monthly Bulletin

Economy
Following the central bank's decision to cut the key repo rate by 100 basis points since February 2025, public sector banks have reduced...

Parliament Watch: India finds 7.23 MT rare earth reserves; NH build pace slows, key infra updates shared in Parliament

Economy
Rare earth reserves seen at 7.23 million tonnesThe rare earth element resources estimated by the Atomic Minerals Directorate for Exploration and Research (AMD),...

Singapore-based Unique Global to acquire up to 12% stake in IFL Enterprises

Economy
Agri commodity trader IFL Enterprises on Tuesday said Singapore-based Unique Global Managed Services has offered to buy up to 12 per cent stake...

Finance Commission needs to focus on strengthening local bodies, says Raghuram Rajan

Economy
The 16th Finance Commission should focus on devolving more funds to local bodies, municipalities and panchayats to enable them effectively deal with problems...

First families of biz face higher tax on share sale profits

Economy
Indian promoters and several family offices using limited liability partnerships (LLPs) to own shares of companies, other securities, and invest in private equity...

Rs 21,534 crore incentives disbursed under 12 PLI schemes till June 24: Govt to Parliament

Economy
New Delhi: Actual investment of Rs. 1.76 lakh crore have been realized till March 2025 across 14 sectors covered under the Production Linked...

Five states account for nearly 50% of active GST taxpayers; UP leads: SBI Report

Economy
As the Goods and Services Tax (GST) has completed eight years since its rollout, a recent report by SBI Research showed that just...

RBI seeks to tighten norms for digital banking

Economy
MUMBAI: In a move that could deal a setback to the cross-selling of financial products, the Reserve Bank of India (RBI) has proposed...

Raghuram Rajan says rate cuts by RBI not magic bullet to propel investments

Economy
Former RBI Governor Raghuram Rajan has said repo rate cuts by the Reserve Bank in recent times are not a "magic bullet" that...

With deposits outpacing appetite, exports & tariffs hold key to credit revival

Economy
India’s banking system loan growth stood at 9.4% as of June 27, its lowest level since March 2022, after having peaked at 2.74%...

Inputs to Index of Industrial Production now being shared with ministries

Economy
The Ministry of Statistics and Programme Implementation (MoSPI) has established a mechanism to share inputs on industrial activity in India with relevant ministries...

Indian millers, exporters optimistic as Bangladesh plans to import 9 lakh tonne rice: Stakeholders

Economy
Indian rice millers and exporters are upbeat about Bangladesh's "plan to import 9 lakh tonnes of rice", anticipating a boost in demand and...
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