Economy

NBFCs: RBI may act against more NBFCs to check obscure lending practices: Morgan Stanley

As Reserve Bank of India (RBI) on Thursday sought action against four Non Banking Financial Companies asking them to cease and desist from...

India to be 3rd-largest economy by 2030, but population poses challenges: S&P

NEW DELHI: India is poised to be the third largest global economy by 2030, but its rising population presents mounting challenges in basic...

Labour ministry to come up with a social security policy for gig, platform workers

The ministry of labour and employment hopes to put in place a policy for social security benefits to gig and platform workers by...

High prices of imported crude, gold, and chemicals contributed to high inflation: SBI report

India's imported inflation reached a 13-month high in September 2024, growing by 2 per cent, according to a report by the State Bank...

Sub-Rs 1k crore shortcut on Bharatmala Map

New Delhi: The yet-to-be-awarded projects under Bharatmala Pariyojana that were halted in November 2023 will now be awarded directly by the ministry of...

China emerges as India’s top import source during April-September 2024: Commerce ministry data

China has emerged as India's top import source with USD 56.29 billion worth of inbound shipments during the April-September period of this fiscal,...

crude oil: India’s Russian oil imports rise 11.7% in September, data shows

India's crude oil imports from Russia rose by 11.7% to about 1.9 million barrels per day (bpd) in September, accounting for about two-fifths...

Govt, RBI firm ESMA has to change stance on CCIL oversight for any MoU

NEW DELHI/MUMBAI: The Reserve Bank of India and the government are uncomfortable signing agreements with the European Securities and Markets Authority (ESMA) unless...

Piyush Goyal launches district master plan under PM GatiShakti for infra planning in 27 aspirational districts

Commerce and Industry Minister Piyush Goyal on Tuesday launched a district master plan under the PM GatiShakti initiative for infrastructure planning in 27...

Soyabean production in country reaches 126 lakh tonnes: Trade body

Soybean production in the country has increased by about 6 per cent to nearly 126 lakh tonnes in the current kharif season due...

Inflation: Food on boil, retail inflation hits nine-month high of 5.5%

India’s retail inflation surged to a nine-month high of 5.5% in September, driven by higher food inflation and an unfavourable base effect, official...

inflation: India’s retail inflation accelerates to 5.49%, exceeds RBI’s 4% target

India's retail inflation accelerated to a 9-month high of 5.49 per cent on an annual basis in September, driven by a persistent rise...

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