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AUSTERITY MEASURES INDIA
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...
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...
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...
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...
RBI declares record Rs 2.87 lakh crore dividend to cushion war shockThe Reserve Bank of India announced a record surplus transfer to the government for FY26, though it falls short of budget estimates. This s...
‘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...
‘Log ab thali nahi bajayenge’: Entrepreneur says austerity measures won’t work in long run, warns rupee may crash to Rs 150 against dollarJayant Mundhra, founder of Biz News+, warns India's rupee could fall to Rs 150 against the US dollar due to heavy import reliance. He argue...
PM Modi’s security cannot be compromised for fuel savings, says former R&AW chiefFormer R&AW Secretary Samant Goel has opposed reducing Prime Minister Narendra Modi's convoy and security, citing evolving threats like dro...
PM Modi cuts down convoy size; BJP CMs, other leaders follow suit on his appeal for less fuel usePrime Minister Narendra Modi has significantly downsized his convoy. This move follows his appeal for wise spending and fuel conservation. ...
PM Narendra Modi asks SPG to halve convoy size amid austerity push: ReportPrime Minister Narendra Modi has ordered a significant cut in his official carcade. The Special Protection Group is reducing convoy vehicle...