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INDIA FISCAL POLICY
Moody's raises India's FY27 economic growth forecast to 7% citing resilience, but warns of inflation risksMoody's Ratings increased India's economic growth forecast for fiscal year 2027 to seven percent. The agency cited the nation's resilience ...
Private sector investment key for Viksit Bharat: DEA secretaryPrivate sector financing is crucial for India's ambitious Viksit Bharat vision. Government budgets alone cannot meet the scale of transform...
Pass the buck to RBI, banks: Let the savings from digital payments fund UPI costs, not consumersThe RBI's MDR introduction on UPI transactions above ₹2,000 faces criticism. This move may discourage digital payments and encourage a retu...
Private financing critical for Viksit Bharat goal: Economic Affairs SecretaryAchieving India's Viksit Bharat vision requires significant private sector investment. Government budgets alone cannot bridge the substanti...
Odisha plans 'Silicon Valley' near Cuttack, offers 25% extra capex support for chip projects: CM MajhiOdisha plans a new "Silicon Valley" near Cuttack to attract chip industry investments. The state will offer additional fiscal support for s...
Moody’s raises India FY27 growth forecast to 7% from 6% on resilient economy, stronger investmentMoody's has raised India's GDP growth forecast to seven percent for 2026-27. Strong private consumption and robust investment are driving t...
SEMICON India 2026: Chip away into the whole ecosystem, policy should look beyond fab unitsIndia's semiconductor policy must now focus on the entire ecosystem beyond fabrication units. The nation should strategically dominate sele...
NITI seeks easier access to geological data, capital for small exploration companiesNiti Aayog recommends government support for junior exploration firms and increased private participation. Streamlining approvals and fores...
Fujifilm to invest Rs 800 cr in semiconductor materials manufacturing facility in IndiaJapanese firm Fujifilm will invest USD 83 million in a new manufacturing facility. This facility will produce essential semiconductor mater...
US names India, China, Pakistan among drug transit, illicit drug-producing nations for FY27The United States has designated India, China, and Pakistan as major drug producing or transit countries. This presidential determination c...
Air India's consolidated loss widens to Rs 22,238 crore in FY26Air India's consolidated loss widened to over Rs 22,000 crore in fiscal 2025-26. Total income declined while total expenses increased durin...
Electric mobility a strategic imperative for Viksit Bharat 2047: NITI AayogElectric mobility is a strategic imperative for India's Viksit Bharat 2047 vision. Global shifts and geopolitical friction accelerate the t...
No more tax wishlists? FM Sitharaman asks experts to make the case for what should goFinance Minister Nirmala Sitharaman urged tax professionals and industry bodies to move beyond demands for exemptions and rate cuts, asking...
First-time borrowers deepen credit reach: Credit uptake among eligible Indians more than doubled to 74% in March from 35% in 2017Consumer durable loans are leading new-to-credit customers into institutional borrowing. Gold loans and microfinance also significantly con...
Making a dollar detour: Why BRICS isn’t breaking up with the dollarThe latest BRICS declaration emphasizes interoperable payment systems and local currency settlement. It explicitly avoids proposing a commo...
Investors leaving Andhra Pradesh, alleges YSRCP; Govt dismisses claimsThe YSRCP claims investors are leaving Andhra Pradesh due to harassment and fiscal instability. They cite seven projects with significant p...
RBI opts for sharp liquidity drain through $10.5 billion debt saleThe Reserve Bank of India is set to issue bonds valued at one trillion rupees to help manage surplus liquidity in the banking sector. This ...
Rising global yields may constrain India's rate-cut cycle despite resilient growth: HSBCThe rising global bond yields are complicating India's monetary policy easing efforts. Despite sturdy domestic growth, external economic de...
Avisirah Technologies’ Navi Mumbai AI data centre gets ₹75 crore funding from Syndicate FinanceAvisirah Technologies has successfully secured a ₹75 crore loan to bolster its data centre in Navi Mumbai. This recent funding follows an e...
India’s merchandise exports jump 15% despite global headwinds: Piyush GoyalIndia's merchandise exports saw over fifteen percent growth from April to August. The nation has set ambitious export targets for the upcom...