September 2, 2025-
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India and the United Arab Emirates (UAE) have initiated discussions on expanding pharmaceutical trade and introducing a local currency settlement system to reduce reliance on the U.S. dollar. The move is expected to...
India and the United Arab Emirates (UAE) have initiated discussions on expanding pharmaceutical trade and introducing a local currency settlement system to reduce reliance on the U.S. dollar. The move is expected to...
The Confederation of Indian Industry (CII) has said that the government’s GST rate cut reforms will help cushion the impact of steep U.S. tariffs on Indian exports. By lowering indirect tax burdens on...
The Reserve Bank of India (RBI) has reported that ₹2,000 denomination notes worth ₹5,956 crore are still in circulation, despite the withdrawal directive issued in May 2023. While the majority of these high-value...
A report by Goldman Sachs highlights a fundamental shift in Indian households’ investment preferences: more citizens are moving from traditional physical assets like gold and real estate toward financial assets such as mutual...
The Reserve Bank of India (RBI) has made it mandatory for all Regulated Entities (REs)—including banks, NBFCs, and fintechs—to use the Central KYC Registry (CKYCR) for customer onboarding and periodic KYC updates. RBI...
Industrial credit growth in India slowed to 7.6% in June 2025, according to the latest data from the Reserve Bank of India (RBI). This marks a moderation from the double-digit growth seen earlier,...
China has stated that improving ties with India is in the mutual interest of both nations, signaling a softer diplomatic tone amid ongoing geopolitical and trade tensions. The remarks highlight Beijing’s intent to...
India’s economy is projected to grow at 6.5% in FY26, according to a report by Bank of Baroda (BoB), but escalating tariff tensions with the U.S. pose significant downside risks. While domestic demand,...
Commerce and Industry Minister Piyush Goyal firmly declared that India will not bow down to the U.S. decision to impose a steep 50% tariff on Indian exports, calling it one of the most...
Karnataka Chief Minister Siddaramaiah hailed the consensus reached among eight opposition-ruled states on GST reforms, calling it a step toward creating a more balanced and cooperative tax regime. The collective stance emphasizes the...
Chief Economic Adviser (CEA V. Anantha Nageswaran) has said that recent GST reforms, combined with the upcoming festive season, could provide a significant lift to consumer demand and overall economic activity. Speaking on...
The Centre’s fiscal deficit reached 29.9% of the full-year FY26 target by July 2025, reflecting higher expenditure outflows and moderate revenue collections in the first four months of the fiscal year. While the...
India’s economy is estimated to have slowed during the April–June 2025 quarter, even before the full impact of steep U.S. tariffs on Indian exports takes hold. Weak external demand, uneven domestic consumption, and...
The Government of India will commence pre-Budget consultations from October 9, 2025, engaging with industry leaders, economists, and stakeholders to finalize priorities for the upcoming Union Budget. The discussions will focus on growth...
The Government of India has appointed former Reserve Bank of India (RBI) Governor Urjit Patel as India’s Executive Director (ED) at the International Monetary Fund (IMF). His appointment comes at a crucial time...
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