Business
Cabinet Clears ₹45,060 Crore Schemes To Boost Exporters Amid US Tariff Blow
NEW DELHI: The Union Cabinet chaired by Prime Minister Narendra Modi on Wednesday approved schemes worth ₹45,060 crore to support exporters, particularly micro, small and medium enterprises (MSMEs), grappling with challenges due to the 50 per cent tariff imposed by the United States (US) on several Indian products. The...
Retail Inflation Dropped To Series Low Of 0.25% In Oct On Base Effects
NEW DELHI: India’s retail inflation eased sharply to a series low of 0.25 per cent in October from 1.44 per cent in September, thanks to a favorable base effect, a record 5 per cent drop in food prices, and the initial impact of GST rates’ rationalisation, according to data...
SEBI Panel Seeks Overhaul Of Conflict-Of-Interest, Disclosure Norms
MUMBAI: All board members and staff of the Securities and Exchange Board of India (Sebi) will be required to declare their assets, liabilities, trading activities, and relevant relationships at multiple stages — at the time of appointment, annually, upon key events, and at exit. This is part of a...
CPSEs’ Capex Rises 13% In April–October
NEW DELHI: Capital expenditure by Central Public Sector Enterprises (CPSEs) and key central agencies, including Indian Railways and the National Highways Authority of India (NHAI), grew 13% year-on-year in the April–October period of 2025–26, underscoring continued momentum in government-led infrastructure investment. According to official data, total capex by these...
US President Donald Trump Says Deal Near; No Need For More Talks: India
NEW DELHI: Hours after United States (US) President Donald Trump said Washington and New Delhi were “pretty close” to reaching a fair trade deal, a senior Indian official on Tuesday echoed the optimism, indicating that another round of negotiations might not be required. “We are now awaiting a response...
India Needs Unified Agri-Tech Ecosystem: ASSOCHAM Report
NEW DELHI: India must shift from fragmented agricultural innovation to systemic integration through state-level testing platforms and unified data frameworks to reach the vast majority of farmers still untouched by technology, according to an ASSOCHAM report released Tuesday. The industry body said 86 per cent of farmers remain beyond...
IRDAI Monitoring Gaps In Health Insurance Claim Settlements: Chairman
MUMBAI: The Insurance Regulatory and Development Authority of India (Irdai) is closely monitoring the gaps in health insurance claim settlements, wherein the number of claims settled is high, but the amount settled vis-a-vis the amount claimed is lower than expected, Ajay Seth, chairman, Irdai, said. The insurance regulator expects...
India, US Trade Deal Not Priced In Yet; Can Bring Back FII Flows
MUMBAI: Indian equity markets have not yet priced in the potential trade deal with the US, analysts said, adding that a confirmed trade deal could serve as a major catalyst for the benchmark indices. The deal, they believe, could bring back foreign institutional investor (FII) flows back into the...
Manufacturing Push, AI Ministry Top Economists’ Budget Wish List
NEW DELHI: The government should urgently push a manufacturing policy aimed at addressing employment, technology upgradation, and reduced import dependence for a self-reliant India, an economist who attended the meeting with Sitharaman said. Leading economists on Monday suggested that a comprehensive manufacturing policy be implemented as the cornerstone for...
TRAI Proposes To Undertake Comprehensive Review Of Interconnection Charges
NEW DELHI: India’s telecom regulator will begin a comprehensive review of interconnection charges across various services offered by telecom service providers, including interconnects between existing telecom networks and satellite communication networks. The Telecom Regulatory Authority of India (Trai) sought stakeholder comments through a consultation paper issued on Monday, covering...
SBI, PNB Draft Joint Playbook To Tap Country’s Rs 1.2 Lakh-Crore M&A Market
NEW DELHI: State Bank of India and Punjab National Bank (PNB) are among government lenders preparing a unified strategy to tap the country’s lucrative Rs 1.2 lakh crore mergers and acquisitions (M&A) market, executives said. The lenders, through the Indian Banks’ Association (IBA), will also push for relaxations in...
PE-VC Exits Decline 13% By Value And 23% In Number Of Deals In The First Nine Months Of 2025
CHENNAI: While the booming IPO activity has helped more PE-VC exits this year, it is still muted compared to the record highs notched in 2024. PE-VC exits have declined 23 per cent in the number of deals and 13 per cent in value between January and September 2025 compared...
Unemployment Rate Dips Marginally To 5.2% In Q2, But Inches Up In Urban Areas
NEW DELHI: India’s overall unemployment rate among the persons aged 15 years and above declined marginally in the second quarter of 2025-26 even though there was a slight uptick in joblessness in the urban areas and among the people in the 15-to-29-year age group, according to the quarterly Periodic...
RBI’s M&A Funding Move Aimed At Boosting Real Economy: Governor Sanjay Malhotra
MUMBAI: The regulatory move to allow banks to fund mergers and acquisitions is aimed at supporting the real economy, Reserve Bank Governor Sanjay Malhotra has said. Last month, the RBI announced a raft of measures and intentions, including allowing banks to fund domestic acquisitions, permitting foreign borrowings for the...
India Needs More Financial Reforms To Hit $30 Trillion Goal, Says World Bank
NEW DELHI: India needs to give further impetus to financial sector reforms and boost private capital mobilisation to become a USD 30-trillion economy by 2047, according to a World Bank report. The World Bank’s Financial Sector Assessment (FSA) report has acknowledged that India’s ‘world class’ digital public infrastructure and...
India’s FY26 Growth To Be Above 6.8% Driven By GST, Tax Relief: CEA
NEW DELHI: Chief Economic Advisor (CEA) V Anantha Nageswaran on Friday exuded confidence that economic growth would be upwards of 6.8 per cent in the current financial year driven by consumption boost provided by GST rate cut and income tax relief. The Economic Survey tabled in parliament in January...
India, EU Narrow Gaps On Free Trade Agreement Terms
NEW DELHI: India and the European Union (EU) on Friday wrapped up their latest round of meetings to narrow the differences in the negotiations on the Free Trade Agreement (FTA) and complete it by the end of this year. “The deliberations covered a wide range of chapters including goods,...
India-US BTA To Receive A Positive Update By November End: NITI CEO
NEW DELHI: NITI Aayog CEO BVR Subrahmanyam on Friday expressed confidence that some positive news on India’s proposed Bilateral Trade Agreement (BTA) with the US will come out by the end of November. Speaking at ‘CNBC-TV18’s Global Leadership Summit 2025- 2nd Edition’, Subrahmanyam also said by the end of...
