Business
SEBI Wants To Double The Number Of Stock-Investing Households In 3-5 Years
MUMBAI: Flagging the low investor participation in the securities markets, despite a considerable growth in the mcap-GDP ratio to 135 percent now, Sebi chairman Tuhin Kanta Pandey has said though 63 percent of the households are aware of the securities market, only about 9.5 percent of them are investing...
India’s Unemployment Rate Remains Steady At 5.2 Per Cent In October: Govt
NEW DELHI: The rate of unemployment for those aged 15 and above remained steady at 5.2 per cent in October, according to a government survey released on Monday. The unemployment rate (UR) was 5.2 per cent in September, 5.1 per cent in August, 5.2 per cent in July and...
India Shows Growth And Inclusion Can Advance Together: UNDP Chief
NEW DELHI: India has demonstrated that economic growth and social inclusion can advance together and it is helping translate its success stories into global lessons for a more equitable world, a top official of the UN Development Programme (UNDP) has said. The India growth story is not only about...
Tax And Tariff Disruptions Reshape Supply Chains As Strategic Engines: PwC
NEW DELHI: Supply chains are evolving from operational backbones to strategic growth enablers for organisations, though they remain underleveraged and struggle for recognition at the executive level, a report by PwC India said. The survey highlighted that recent developments in the trade and tariff landscape represent both a stress...
Macroeconomic Tailwinds To Lift Sentiment In India’s Realty Sector: Report
BENGALURU: India’s real estate sector is expected to see robust growth as India’s overall economic momentum remains stable or improves, supported by easing inflation and robust fiscal spending, as per the Q3 sentiment index report by Knight Frank–Naredco. On the residential front, new launches are expected to remain stable...
Government Plans To Overhaul Valuation Process Under Bankruptcy Rules
NEW DELHI: The government plans to revise valuation norms under the Insolvency and Bankruptcy Code (IBC) to ensure intangible assets are fully captured in assessments of distressed companies, while giving the Insolvency and Bankruptcy Board of India (IBBI) greater authority over how valuation reports are prepared. In a discussion...
Farm Exports To Get Modest Gain From US Tariff Waiver
NEW DELHI: India’s exports of agricultural commodities are unlikely to gain much from US President Donald Trump’s recent exemption of select food items from reciprocal tariffs. “We really had a small share in exports of those items in the latest reciprocal tariff exemption by the US, thus there is...
DPDP Rules Notified: Digital Privacy Law A Reality After 14 Years
NEW DELHI: The government on Friday notified the administrative rules under the Digital Personal Data Protection (DPDP) Act, marking India’s entry into a select group of countries with a federal digital personal data privacy regime. Industry and legal experts welcomed the detailed rules, as India’s digital ecosystem finally has...
Wholesale Inflation Declines To 27-Month Low Of (-) 1.21% In October
NEW DELHI: Wholesale price inflation fell to a 27-month low of (-) 1.21 per cent in October, led by a sharp deflation in food items like pulses and vegetables, and lower prices of fuel and manufactured items, government data showed on Friday. Wholesale Price Index (WPI)-based inflation was 0.13...
Reserve Bank Of India Announces Relief For Exporters Amid Trade Worries
MUMBAI: Amid trade tensions with the US that has imposed 50 per cent tariff on Indian exports, the Reserve Bank of India (RBI) on Friday announced a host of relief measures for exporters. The measures included easing of the burden of debt repayments on some impacted sectors, and relaxation...
Food Ministry Recommends Lifting Over 3 Years Ban On Wheat Products Export
NEW DELHI: With ample wheat stocks and strong crop prospects for the next season, the food ministry has recommended lifting the export ban on wheat-based products that was imposed in May 2022. In a communication to the commerce ministry, the food ministry has proposed allowing the export of around...
India & Canada To Deepen Minerals, Clean Energy Ties
NEW DELHI: India and Canada have agreed to encourage long-term supply chain partnerships in critical minerals and clean energy collaboration essential for the energy transition and new-age industrial expansion. Besides, both countries have agreed to identify and expand investment and trading opportunities in aerospace and dual-use capabilities partnerships, leveraging...
Moody’s Sees Economy Growing At 6.5% In 3 Years Till 2027
MUMBAI: Robust infrastructure spending and resilient household consumption will ensure that the economy sustains an average annual growth of 6.5 percent through 2027, with the economy printing in 7 percent in 2025, Moody’s Ratings has said. Retaining the 2025 growth projection unchanged at 7 percent, the agency said economy...
Bad Loans In Unsecured Retail Credit To Peak In FY26, Says S&P Global
MUMBAI: The bad loan formation in unsecured retail loans – personal and microfinance – in India will peak in the current financial year (FY26), showing the effect of stricter risk management practices, S&P Global Ratings said on Thursday. It also flagged that global uncertainty could affect corporate capex, excluding...
Govt Releases Draft Seed Bill, Stronger Quality Control Norms Proposed
NEW DELHI: The government released a draft Seed Bill on Thursday, with the objectives of ensuring traceability of these farm inputs and regulating their prices. The proposed legislation will replace the decades-old Seeds Act, 1966 and the Seed (Control) Order, 1983. The draft, which has been put up for...
SEBI Proposes IPO Rule Tweaks With Lock-In Fix, Simpler Disclosure Format
MUMBAI: The Securities and Exchange Board of India (Sebi) on Thursday proposed a fix for the long-standing challenges around locking in pre-IPO pledged shares and replacing the abridged prospectus with a simplified document summary. In a consultation paper, the regulator has proposed enacting these changes by amending the Issue...
Nation-Wide Survey On Migration From July 2026: MoSPI
NEW DELHI: The government has proposed to conduct a “survey on migration” from July 2026 to June 2027, to generate reliable estimates on the phenomenon, reasons for people moving out of their habitats and short-term migration trends. The survey is expected to provide comprehensive estimates on migration patterns which...
ICRA Revises Credit Growth Forecast Upwards To 10-11.5% This Fiscal
MUMBAI: Rating agency Icra has revised upwards its projection for incremental bank credit growth this fiscal to Rs 19.5-21 trillion or 10.7–11.5 percent more over the past fiscal, and from Rs 19-20.5 trillion or 10.4-11.3 percent earlier, on the bank of improved demand post-GST rate cuts and liquidity boost...
