NEW DELHI: The need for a manufacturing policy, reining in food inflation and raising investment in the country were among key suggestions given by economists who met Finance Minister Nirmala Sitharaman and senior ministry officials in the first round of pre-Budget consultations on Friday. Various suggestions were given to...
NEW DELHI: The growth slowdown in the second quarter of the current financial year was not systemic but the result of a lack of public investments during the first quarter, as the administration was busy with the general election, finance minister Nirmala Sitharaman said on Friday. The third-quarter gross...
NEW DELHI: The statistics ministry is likely to release the first monthly unemployment surveys, for both rural and urban areas, in March-end, according to an official source. The surveys, officially known as the Periodic Labour Force Survey (PLFS), will depict unemployment scenarios across the country in urban and rural...
NEW DELHI: Capital markets regulator Sebi on Friday unveiled an updated investor charter aimed to enhance investor protection, market transparency, and trust and confidence among investors. The updated charter has emphasised on ensuring confidentiality of investor information and providing the right to exit at fair and reasonable terms from...
NEW YORK: Oil prices fell by more than 1 Percent on Friday and cemented weekly losses as analysts projected a supply surplus next year on weak demand despite an OPEC+ decision to delay output hikes and extend deep production cuts to the end of 2026. Brent crude futures settled...
TIRUNELVELI: Tata Power is planning to invest around Rs 1.25 trillion between the next financial year (FY26) and FY30 in order to double its operational capacity to 32 gigawatts (Gw) from 15.6 Gw now, a senior company official said on Friday. This is in addition to the Rs 21,000...
MUMBAI: India’s copper demand is expected to clock a 10-13 per cent growth in the second-half of the current financial year amid constrained by supply-side issues, said a top executive from International Copper Association India. According to ICA India estimates, financial year 2024 (FY24) demand growth was at 13...
NEW DELHI: Several initiatives aimed at transforming India into a global hub for defence research and technology, involving projects worth an estimated Rs 1,264 crore and significant participation from MSMEs, start-ups, and academia, have been rolled out by the government, according to Minister of State for Defence Sanjay Seth,...
NEW DELHI: The government is close to finalising, for the first time, a space security doctrine to defend the country’s space assets as well as scale up military capabilities. “As I know there is a document on Indian space security doctrine. It is not in the public domain but...
By Nitya Chakraborty Prime Minister Narendra Modi invited Russian President Vladimir Putin to visit India at the time of his visit to the BRICS summit at Kazan in Russia in October this year. This was immediately accepted by President Putin and in the last six weeks since the Kazan...
By Dr. Gyan Pathak On December 6, 1992, exactly 32 years ago, Babri Mosque at Ayodhya was demolished. On November 9, 2019, a five-judge bench of the Supreme Court of India delivered a verdict for building Ram Temple at the demolition site. Ram Temple was inaugurated by PM Narendra...
By Anjan Roy A debate among economists and policy wonks was raging about the deceleration of the Indian economy and rising price line particularly in the context of the forthcoming monetary policy of the Reserve Bank of India. In that debate, Reserve Bank has clearly opted or a hairline...
By Sushil Kutty Devendra Fadnavis as Maharashtra Chief Minister for a third term underscores the man’s importance to the Bharatiya Janata Party. But why is Fadnavis a greater pick than several others who could have staked claim for the top post? The answer must lie in the fact that...
By Rahil Nora Chopra BSP as evident was not able to attain a single seat in the 2024 Lok Sabha elections following reports of its core Dalit votes shifting to other parties. Now BSP supremo Mayawati is trying to go back to the basics and redraw the party’s bahujan...
NEW DELHI: Indian economy can grow by 7% in the second half of the current financial year going by the pickup in economic activity, which could uplift the full-year growth rate to at least 6.5%, chief economic advisor V Anantha Nageswaran on Thursday said. Speaking at an industry body...
NEW DELHI: Potential shifts in United States (US) trade policy to a more protectionist one, inward looking industrial policies in many countries, threat of renewed and expanded trade wars along with ongoing geopolitical tensions are set to negatively influence international trade in 2025, a report released on Thursday said....
NEW DELHI: The Reserve Bank of India (RBI) should consider looking at core inflation, re-defined with the inclusion of non-volatile food items, for its monetary policy decisions, Arvind Virmani, member, Niti Aayog said. However, volatile elements of food being “beyond its control,” could be kept outside its inflation targetting...
NEW DELHI: Public-sector banks (PSBs) have fallen short on achieving the annual targets of two flagship insurance schemes for social security, Pradhan Mantri Suraksha Bima Yojana (PMSBY) and Pradhan Mantri Jeevan Jyoti Bima Yojana (PMJJBY), according to the government data reviewed by Business Standard. Till October 2024-25, while PSBs...