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INDIA ECONOMIC POLICY
RBI flags widening inflation risks, puts rate cuts on iceRBI's Monetary Policy Committee raised the benchmark repo rate by 25 basis points to address rising inflation concerns. Governor Sanjay Mal...
Inflation remains top of mind, MPC minutes showRBI's monetary policy committee has increased the benchmark repo rate by 25 basis points due to inflation concerns. Core inflation has show...
New policy in works to boost agrivoltaics in India; enhance farmers' income via energy generationIndia's government is formulating a policy to enhance the adoption of agrivoltaics across the country. This initiative aims to increase far...
India presents a compelling investment proposition for German firms, FICCI saysIndian industry is poised for growth as German companies are encouraged to invest in manufacturing capacities. The upcoming India-European ...
Government to review 2019 mineral policy amid new sector prioritiesThe Centre is initiating a review of the National Mineral Policy, 2019, to address current sector demands. A nine-member committee will rev...
Correcting rupee against fundamentals ultimately futile, says RBI's ex-guv SubbaraoD Subbarao advocates for allowing the rupee to find its level based on economic fundamentals. He criticizes costly short-term measures that...
Time to engage smartly with China: Push premium Indian exportsPiyush Goyal has articulated a vision for recalibrating India's economic ties with China, focusing on balanced trade. Both nations are enga...
India needs policy credibility and continuity to sustain FDI as strong growth alone is not enough, says KIEP expertIndia needs to maintain policy credibility and continuity to sustain foreign investment inflows, as strong economic growth alone may not be...
Suits & Sayings: Local ProblemET’s roundup of the wackiest whispers in corporate corridors
Arunachal Pradesh Chief Minister Pema Khandu calls for roadmap to boost yak economy, herders’ incomeArunachal Chief Minister Pema Khandu emphasized the importance of creating a roadmap for yak conservation. He highlighted the need to suppo...
'India needs 8-9% growth to become a developed nation by 2047'India aims to become a $30 trillion economy by 2047, from its current size of around $4 trillion. The country's gross domestic product (GDP...
India wants to promote rupee trade settlement to help partner facing hard currency shortage: FM Nirmala SitharamanFinance Minister Nirmala Sitharaman said India is promoting rupee and local-currency trade settlements to help countries facing hard-curren...
Eyes now on Viksit, net zero later: Can India achieve high-income status by 2047 without compromising on climate promises?India aims to achieve a high-income economy status by 2047, requiring substantial economic growth and investment. However, ambitious climat...
India needs AI-enabled creative stack, forward-looking IP framework: Gaurav BanerjeeGaurav Banerjee emphasized the need for India to create an AI-enabled creative stack during the CII Big Picture Summit. He suggested that c...
'Data centres must be seen as strategic infrastructure': Niti Aayog reportNiti Aayog has released a report urging states to consider data centres as strategic infrastructure. The report suggests a structured appro...
‘Friendship to all, malice to none’, says Sheikh Hasina as she tells Dhaka to rethink foreign policy after BRICS no-showDuring her recent statements, Sheikh Hasina expressed disapproval of Tarique Rahman's absence from the BRICS summit, indicating it was detr...
Slow outflows, sure, but inflows? That’s RBI’s real challengeRBI is currently dealing with substantial capital outflows and currency devaluation pressures in the economy. Recent market operations indi...