Economy

Inflation in India’s wholesale prices accelerated to a four-month high of 14.55 percent in March, up from 13.11 percent in February, owing to rising prices across all categories of products, with fuel and power, as … Read more

If States continue to dish out freebies to sway the electorate, India might see sub-national bankruptcy, Fifteenth Finance Commission chairperson NK Singh said on Tuesday, calling the political battle over such perks a “fast passport … Read more

PM Modi landed in Gujarat on Monday for a three-day tour, where he will unveil projects worth more than 20,000 crores and lay the foundation stone for a new worldwide centre of traditional medicine in … Read more

Finance Minister Nirmala Sitharaman met with IMF managing director Kristalina Georgieva on Tuesday to discuss a variety of topics, including the impact of geopolitical tensions on global GDP. The IMF director praised India’s well-targeted policy … Read more

State Bank of India (SBI), the country’s largest lender, has hiked its marginal cost of funds-based lending rate (MCLR) by 10 basis points (bps) or 0.1 percent across all tenures, raising borrowers’ EMIs. Other banks … Read more

RGSA: The Cabinet Committee on Economic Affairs, chaired by Prime Minister Shri Narendra Modi, today approved the continuation of the revamped Centrally Sponsored Scheme of Rashtriya Gram Swaraj Abhiyan (RGSA) for implementation from April 1, … Read more

GIFT IFSC: The Expert Committee on Longevity Finance was established by the International Finance Services Centres Authority (IFSCA) and co-chaired by Ms. Kaku Nakhate, Country Head (India), Bank of America, and Mr. Gopalan Srinivasan, Ex-CMD, … Read more