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AUSTERITY IN INDIA
Hotel giants bet India’s local travel boom can defy slowdownMajor hotel groups are investing heavily in India. They expect a surge in domestic travel to drive growth. This expansion continues despite...- PM Modi holds huddle with Economic Advisory Council on growth strategy; deliberates measures to improve ease of doing business and livingPrime Minister Narendra Modi convened with his Economic Advisory Council to chart a course for India's economic advancement. Discussions fo...
- Consumer sector beats expectations but faces commodity crunch from Q2, warns BofA SecuritiesIndia's consumer and retail sector saw a strong first half of FY26. GST cuts and a favorable base effect boosted consumption. However, risi...
- A ₹3 lakh crore rain check? India’s monsoon now comes with a Hormuz fine printIndia’s fertiliser supply chain is under strain as the West Asia conflict disrupts shipping through the Strait of Hormuz, a critical route ...
- IMEC, Indo-Pacific routes key to reducing Hormuz dependence: EYIndia is urged to diversify its trade routes and develop new corridors like IMEC and the Indo-Pacific route. This aims to lessen dependence...
- Rupee to hit 99, fiscal deficit at 5%: Rahul Bajoria sees deeper pain ahead for IndiaIndia's economy faces ongoing challenges. Inflation is embedded, impacting prices and financing. The fiscal deficit is projected to widen. ...
- Measures like tax relief, import curbs can shield India from West Asia crisis: ReportIndia must adopt tax moderation and targeted import curbs to boost exports and shield against the West Asia crisis. A report suggests restr...
- JK Tyres lines up Rs 4,900 crore capex plan till FY30JK Tyre plans a massive 4,900 crore investment by FY30 to expand its production capacity. This significant outlay signals strong confidence...
- Maruti Suzuki rolls out WFH, bans non-critical foreign travel in line with PM Modi's austerity callMaruti Suzuki India Ltd is adopting austerity and efficiency measures. These steps aim to conserve fuel and reduce foreign exchange expendi...
- WFH wherever feasible, restrict foreign travel, Maruti Suzuki tells employeesMaruti Suzuki India is adopting austerity measures. The company is promoting work from home where possible. Foreign travel is being restric...
- Is there a curfew in Pune today? Here's what police said amid social media claimsPune Police have clarified that no city-wide curfew is in effect, debunking social media rumors of a 14-day lockdown. Officials stated that...
- Doesn't understand India, trying to incite youth against PM: Giriraj Singh slams Rahul Gandhi for 'govt will fall' remarkUnion Minister Giriraj Singh has strongly criticized Rahul Gandhi. Singh accused Gandhi of trying to incite the country's youth against Pri...
- Fuel austerity clouds demand outlook; India's annual product growth forecast cut 40%India's fuel demand growth will slow significantly in late 2026. Government conservation efforts, rising oil prices, and a weaker rupee are...
- West Asia conflict dampens senior hiring demandIndia's executive search market is witnessing a slowdown. Companies are adopting a cautious approach to hiring due to global conflicts, inf...
- ‘People look at me as if I have come from another dimension’: Ravi Kishan on going viral for his ‘home from work’ statementRavi Kishan addressed his viral 'home from work' comment. He explained it was a human error during a media interaction for his upcoming fil...
- After opposition attack, BJP lists gains from PM's tourBJP asserts Prime Minister Modi's recent foreign visits have boosted India's global standing as a trusted partner and investment destinatio...
- BJP counters Opposition, experts on PM Modi's five-nation tourPrime Minister Narendra Modi's recent foreign visits have bolstered India's global standing. The BJP highlighted significant investments se...
- RBI rate hikes to start in June, says Standard CharteredRBI rate hike: Economists at Standard Chartered anticipate India's central bank will begin raising interest rates as early as June due to e...
- Assam govt aims 20% cut in fuel cost, 10% down in revenue expense as part of austerity measuresAssam government has announced austerity measures to boost fiscal prudence. Fuel expenditure will be cut by 20 per cent. Minister and offic...
- Finance Ministry asks PSU banks, insurers to adopt austerity measures, shift to EVIndia’s finance ministry has directed state-run banks, insurers and financial institutions to cut costs through measures such as limiting t...
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