Priority sector lending boosts inclusion, not always guarantee growth: EAC-PMIndia's priority sector lending has aided financial inclusion for decades. However, a recent report suggests that simply increasing directe...
Grok falls flat in Washington, undercutting SpaceX's AI growth storySpaceX's AI chatbot Grok faces significant challenges gaining traction within the U.S. government. Federal agencies show a strong preferenc...
Experts back OTC access to NRT across all formats and dosages, including 2 mg and 4 mg, as India struggles with a Tobacco quit success rate under 5%The report highlights the significant economic burden of tobacco use, particularly among low-income households, and underscores how reducin...
EAC-PM calls for changes in priority sector lending to enhance efficiency; greater flexibility to banksAn Economic Advisory Council to the Prime Minister paper has proposed shifting priority sector lending focus from economic efficiency to so...
Banks cede consumer durable loans to NBFCs as credit cards take over small-ticket financingBank loans for washing machines and televisions are falling. Banks are now focusing on credit cards for these purchases. Non-banking financ...
From childcare to eldercare: EAC-PM working paper pitches inter-ministerial push to formalise care economyA new report from the Prime Minister's Economic Advisory Council suggests boosting India's care economy. It calls for a special fund, bette...
PM's economic advisory panel flags demand surge for caregivers, seeks policy overhaul for sectorIndia's Prime Minister's economic advisory panel recommends a major revamp of the care sector. Demand for caregivers is expected to surge p...
Care economy in India: EAC-PM working paper lays out a roadmapThe paper, Re-imagining the Care Economy: From Private Burden to Social and Economic Infrastructure and co-authored by Shamika Ravi, member...
Expansion of cargo handling capacity at JSW Dharamtar Port recommended for EC grantA government sub-committee found coal dust and wastewater impacting mangroves at JSW Dharamtar Port. This occurred before an expert panel r...
India must map, monitor economic vulnerabilities in energy, food, other areas: EAC-PM chairmanEconomic Advisory Council to the Prime Minister (EAC-PM) Chairman S Mahendra Dev in an interview with PTI further said the ongoing West Asi...
India must identify key chokepoints, mitigate both supply & price risks: EAC-PM Chairman S Mahendra DevThe unrest in West Asia highlights India's urgent need for improved risk management strategies. This is a crucial time for India to pinpoin...
Govt reconstitutes NITI Aayog, appoints new vice chairman; membersThe government has reconstituted NITI Aayog with five new members and Ashok Lahiri as Vice Chairman. Rajiv Gauba, Prof. K. V. Raju, Prof. G...
Quitting tobacco could give economic boost to over 20.5 million households in IndiaImagine a future where millions of Indian families break free from the grasp of tobacco, climbing up the economic ladder. The most disadvan...
EAC-PM Working Paper suggests SVAMITVA-like scheme for urban IndiaIn a working paper titled Unlocking Rural Property Rights: Social Inclusion and Credit Expansion through SVAMITVA, co-authored by Soumya Ka...
Rupee likely to stabilise at 92-93 level: EAC-PM chairmanChairman of the Economic Advisory Council to the Prime Minister (EAC-PM), S Mahendra Dev, on Wednesday said that Indian Rupee is expected t...
No environmental clearance for HFC production projects starting 2028: Environment ministryIndia will halt new hydrofluorocarbon production projects from January 1, 2028. This move aligns with the nation's commitment to the Kigali...
Govt reconstitutes EAC-PM under Bibek DebroyApart from these two full-time members, the EAC-PM will have two part-time members as against three in the outgoing panel.