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2 mins read
India fully committed to increasing cooperation under BRICS, says PM Modi at Leaders' Summit
Lauding the role of BRICS, PM further highlighted that the grouping after the inclusion of five new…
ANI
2 mins read
Decline in bank deposits because of non-uniform tax treatment on various investment options: SBI report
On the concern over the recent decline in bank deposits, the State Bank of India (SBI) in its lates…
ANI
2 mins read
Government's commitment to reforms due to dedication to 'nation first': PM Modi in Independence Day speech
The commitment to reforms is the blueprint for growth and is not borne of any political compulsion …
PTI
2 mins read
India handled inflation much better than US, Germany and France: SBI Report
India has demonstrated a largely successful inflation-targeting regime compared to advanced economi…
ANI
3 mins read
Coalition politics, weakened mandate could make passing legislations on ambitious reforms challenging: Fitch
As the NDA is all set to form the government, Fitch Ratings on Thursday said coalition politics and…
PTI
2 mins read
Economists expect big bang reforms to continue under Modi 3.0
Narendra Modi, elected leader of the National Democratic Alliance, will take oath as India's Prime …
ANI
2 mins read
Urgent need to address $4 trillion financing gap to accelerate progress on SDGs, notes FM
Observing that the global South is affected by global uncertainties, she said one in four developin…
PTI
1 min read
Fundamental drivers of economy gaining momentum, India on sustainable growth path: RBI Governor Das
In the inaugural address at FIBAC 2024, the governor said that massive changes are taking shape in …
PTI
2 mins read
China's growth will fizzle next year despite stimulus efforts, and its issues will drag down neighboring economies, World Bank says
Even with stimulus measures, China's growth will slow next year, weighing on its neighbors' growth …
Kelly Cloonan
3 mins read
Time to push divestment of state-owned banks, says SBI report
With regard to the privatisation of IDBI Bank, it said the government and Life Insurance Corporatio…
PTI
2 mins read
India needs to create 148 million additional jobs by 2030 given population growth, says IMF DMD Gopinath
Given the scale of what is needed, it is going to require basic reforms including land reforms and …
PTI
1 min read
ADB approves $400 mn loan to support govt's urban reform agenda
The Asian Development Bank (ADB) has approved a USD 400 million loan to support the Indian governme…
PTI
4 mins read
Budget size almost unchanged from interim, shows govt's commitment to fiscal prudence: Experts
According to the Union Budget 2024-25 presented by Finance Minister Nirmala Sitharaman, the total e…
PTI
2 mins read
World Bank approves USD 1.5 billion to support India's low-carbon energy sector
This second financing stimulus will support green reforms to boost the production of green hydrogen…
ANI
1 min read
Stable, strong financial system to act as bedrock for economic progress: RBI Governor
Reserve Bank Governor Shaktikanta Das on Monday said the endeavour of the central bank would be to …
PTI
1 min read
Argentina devalues the peso by 54% as it kicks off radical economic reform plan
President Milei is rolling out shock measures for the economy, including cratering the value of the…
Phil Rosen
4 mins read
Electoral bonds: Plea seeks contempt action against SBI for disobeying SC's order
A petition has been filed in the Supreme Court seeking contempt action against the State Bank of In…
PTI
2 mins read
Fitch expects RBI to cut interest rates by 75 basis points in FY25
The Indian central bank is expected to cut interest rates to the tune of 75 basis points in FY25, b…
2 mins read
Global economy braces for slowest growth in three decades, World Bank report warns
The global economy is hurtling towards its weakest half-decade performance in 30 years, according t…
ANI
4 mins read
Pak, IMF commence negotiations for release of $710 million second tranche of $3 billion loan
Porter "appreciated the government's commitment" to meeting the first-quarter targets, the Mini…