Economy

New Delhi: The government has approved the appointment of former Reserve Bank of India (RBI) governor Dr Urjit Patel as the Executive Director at the International Monetary Fund (IMF) for a period of three years. The government has…
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New Delhi:  As Prime Minister Narendra Modi's two-day Japan visit is set to begin, both nations have accelerated trade and economic ties, with over 170 MoUs signed in two years representing more than $13 billion in committed investments.…
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New Delhi: The extreme US tariffs are nothing less than "economic blackmail", but they may also be the shock therapy India needs to break free of complacency and dependence, economists have stressed. If industry, policymakers, and…
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Mumbai: There will be no trading at the Bombay Stock Exchange (BSE) and the National Stock Exchange (NSE) on Wednesday on the account of Ganesh Chaturthi festival. Trading in derivatives, equities, Securities Lending and Borrowing (SLB),…
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New Delhi: As the higher US tariffs against Indian goods set to come into effect from Wednesday (US time), sectors such as textiles and gems and jewellery — both labour-intensive industries — are expected to face moderate pressures while…
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New Delhi: Fintech major PhonePe has announced the launch of its latest home insurance product line, designed to offer homeowners a simple and affordable solution to protect their homes. With premiums starting as low as Rs 181 (including…
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New Delhi:  Fitch Ratings has affirmed India's credit rating at 'BBB-' with a stable outlook, supported by the country’s robust economic growth and solid external finances. "India's economic outlook remains strong relative to peers, even…
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Mumbai: Reserve Bank of India (RBI) Governor Sanjay Malhotra on Monday expressed optimism about the ongoing India-US trade negotiations reaching a positive conclusion. "We are hopeful that negotiations on tariffs will play out and there…
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Mumbai: Reserve Bank of India (RBI) Governor, Sanjay Malhotra, on Monday emphasised the crucial role of monetary policy in maintaining stability and supporting growth as India is poised to become the third-largest economy amid the…
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New Delhi: As the August 27 deadline for US secondary tariffs of 25 per cent falls this week over Russian oil purchase, analysts and global reports say that a total of 50 per cent tariff is unlikely to significantly impact India’s growth…
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