Business
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...
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...
