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FINANCE MINISTRY REPORT
- Take a bow, this is grown-up GDP
India achieved class-leading growth of 7.8% in the April-June quarter. Sectoral performance was surprisingly robust across agriculture, man...
India's strong economic momentum continues despite global uncertainties, says Chief Economic AdviserIndia's economy shows strong near-term momentum, driven by domestic factors and exports. The Reserve Bank of India's deposit mobilisation o...
Economy Stable Despite Global Turbulence; El Nino Risks Loom: Finance Ministry reportIndia's economic activity and external position show relative stability amid global risks. Domestic demand continues to support economic ac...
Donald Trump vows to hit Iran hard after first exchanges of fire in a monthIran launched missiles at two United States air bases in Jordan overnight. This action followed a United States strike on Iran's Larak Isla...
Food inflation composition shifts as protein-rich items, processed foods drive price pressures: Finance Ministry ReportIndia's food inflation is undergoing a shift in its composition, with protein-rich items, processed foods and edible oils emerging as major...
FCNR inflows may delay rate hikes, but banks face margin pressure: ReportForeign currency inflows have eased financial conditions for the Reserve Bank of India. This temporary relief allows the central bank to de...
Nepal resumes flood rescue as thousands still missing; finance minister seeks $4-5 bn for rebuildingNepal resumed search efforts after a weather delay, seeking foreign technical assistance. Hundreds died and nearly three thousand people re...
Bangladesh confirms J-10CE jet deal with China, cites fighter jet downed in India-Pakistan clashBangladesh officially confirmed a deal to acquire Chinese J-10CE fighter jets. The nation cited the aircraft's reported combat performance ...
- Nepal floods: PM, ministers pledge a month's salary to relief fund; Kathmandu to buy 25,000 MT of fertilisers from New Delhi
Nepal’s Prime Minister Balendra Shah and his ministers will donate one month’s salary to the Disaster Relief Fund following devastating flo...
Rains Raksha in India may not be enough to fight $250 billion heat billExtreme heat poses a significant economic threat to India's workforce and GDP. Lost labor hours and reduced productivity impact both worker...
Assam moves to streamline agarwood industry, boost exports and downstream manufacturingAssam is moving to expand its agarwood industry by simplifying regulations, speeding up export permissions and strengthening cultivation, p...
Global Market Today: Asian shares slip as US stock futures dip ahead of Warsh’s Jackson Hole speechFutures for the Nasdaq 100 Index fell 0.3% and those for the S&P 500 Index retreated 0.2% as initial enthusiasm about the artificial intell...
Regional Rural Banks post all-time high net profit of Rs 10,176 crore in FY25-26; total business crosses Rs 13.5 lakh croreRegional Rural Banks (RRBs) reported a record consolidated net profit of ₹10,176 crore in FY26, up from ₹6,820 crore a year earlier, while ...
India's airport privatisation plan creates a barricade for power in few handsThe government plans to cap private bidders winning airport bundles. This aims to prevent excessive market concentration and financial leve...
Scientists still take Antarctic data out in 'suitcases full of hard drives'. Chile now plans a 4,100-km undersea cable to change thatA recent study conducted in Chile reveals that establishing a subsea fiber-optic cable to Antarctica is indeed feasible from a technical st...
ED arrests 2 in Rs 30,000 crore pan-India cyber fraud caseThe Enforcement Directorate has made two arrests in Mumbai related to a vast cyber fraud operation, part of a money laundering investigatio...
Zelenskyy details rift with dismissed defense minister, saying some of his actions were misguidedPresident Zelenskyy detailed his dispute with the dismissed Defense Minister Mykhailo Fedorov. He cited misguided actions and problematic d...
Six EU countries urge windfall tax on energy firmsSix EU nations are urging a bloc-wide windfall tax on oil companies. Profits have surged due to the ongoing Middle East war and rising cost...
India aims 30 GW polysilicon manufacturing capacity by 2030: MNRE SecretaryIndia plans to add thirty gigawatts of polysilicon manufacturing capacity by twenty thirty. This ambitious goal aims to attract an investme...
India gets nearly Rs 5,000 crore FDI after easing rules for Chinese-linked firmsNew foreign investment rules are yielding positive results for India's economy. Twenty-nine investment proposals totaling over Rs 4,895 cro...