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DEPARTMENT OF ECONOMIC AFFAIRS
India's new GDP yardstick: What changed, what did not, and what every investor should now read differentlyIndia changed the base year used to measure its economy from 2011-12 to 2022-23. The first full-year provisional numbers under the new yard...- Sumitomo Corporation can invest ¥ 10 trillion in India over the next decade: S JaishankarExternal Affairs Minister S Jaishankar recently convened with Shingo Ueno, the CEO of Sumitomo Corporation, to explore collaborative invest...
- RBI raises investment limits for NRIs, OCIs; Extends equity route to overseas individualsThe Reserve Bank of India has increased investment limits for Non-Resident Indians and Overseas Citizens of India in stock market equity in...
- RBI MPC Meeting 2026: Sanjay Malhotra & Co hold rates steady at 5.25% as oil shock, weak rupee & West Asia war cloud outlookRBI Monetary Policy Meeting 2026: The Reserve Bank of India maintained the repo rate at 5.25%, balancing inflation risks from rising crude ...
- Consumption demand faces risk from global headwinds, parliamentary panel informedIndian officials have warned that consumption demand might face challenges due to global economic pressures. However, strong service export...
- India to use artificial intelligence for machine-readable standards, says Consumer Affairs Secretary KhareIndia's Consumer Affairs Ministry is set to develop advanced, machine-readable standards using AI. This initiative aims to simplify complia...
- Govt sets up 6 sector-specific groups to identify products to boost manufacturing, cut importsIndia is boosting domestic manufacturing. Six expert groups will identify 100 products to reduce import dependence. This initiative aims to...
- Marco Rubio to testify before Congress for the first time since the start of the Iran warSecretary of State Marco Rubio faces congressional scrutiny over the Trump administration's Iran war efforts and shifting diplomatic goals....
- Centre deploys CoBRA battalions in Manipur as new DGP takes charge amid tensionsManipur welcomes new DGP Mukesh Singh. Two CRPF CoBRA battalions are deployed to the state. Tensions remain high following the ambush on Ma...
- Pakistan signs $1.2 million US lobbying deal months after Operation SindoorPakistan has hired a Washington-based firm for a multi-million dollar contract. The agreement aims to boost Pakistan's engagement with US l...
- Finance ministry flags inflation risks ahead of RBI policy as fuel prices, monsoon concerns mountIndia faces rising inflation risks. Fuel prices are up, the rupee is weak, and a poor monsoon looms. The Finance Ministry warns of renewed ...
- India may have found a new export tailwindIndia's weakening rupee is boosting export competitiveness. This adjustment helps Indian goods and services become more affordable globally...
- India faces test of oil, inflation and monsoon risks despite economic resilience, FinMin report showsIndia's economy shows cautious resilience. Domestic strengths support the outlook despite global challenges. Manufacturing and services are...
- Imported voters, fake websites: Russia's covert efforts to stop Armenia's pivot WestRussia is reportedly working to unseat Armenia's leader ahead of the June 7 election. Moscow fears his re-election will cement Armenia's sh...
- Ministry of Home Affairs issues 'Resolution' on forming high-level committee on demographic changesIndia's Ministry of Home Affairs has formed a High-Level Committee on Demographic Changes. This committee will scientifically study populat...
- We've seen number of positive developments: EAM Jaishankar to Australia FM on bilateral tiesIndia and Australia are strengthening their partnership. External Affairs Minister S Jaishankar met with Australian counterpart Penny Wong ...
- Consumers unlikely to see major impact on food prices over next 2-3 months: Consumer Affairs SecyThe government is closely monitoring the prices of essential food commodities. At present, prices have remained stable and largely range-bo...
- FM Sitharaman launches key SIDBI initiatives for MSME growthThese include portals for credit delivery to rural areas and machinery access for MSMEs, alongside a program to modernize rural enterprises...
- Possible deal on Iran divides US lawmakers largely along party linesAmerican lawmakers hold opposing views on a potential Iran deal. Republicans largely back President Donald Trump's negotiations, believing ...
- PM Modi reviews deregulation push, asks ministers to cut compliance burdenPrime Minister Narendra Modi led a significant meeting to review deregulation and reforms. The focus was on reducing government interferenc...
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