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India's economy resilient amid external shocks, says SitharamanIndia's economy shows resilience and strong domestic demand. Finance Minister Nirmala Sitharaman highlighted that external factors are caus...
RBI unlikely to hike rates soon despite inflation risk, rate action only in Dec if needed: Icra's Aditi NayarThe Reserve Bank of India is expected to hold off on interest rate hikes. Inflation risks are rising due to fuel prices and monsoon uncerta...
Arvind Panagariya on what RBI transfer of ₹2.87 lakh cr surplus to govt means for Indian economyThe Reserve Bank of India's record ₹2.87 lakh crore dividend transfer offers crucial fiscal support amid global economic turbulence. This s...
RBI's record dividend payout to provide partial cushion to stressed govt finances: ExpertsThe all-time high dividend declared on Friday is 6.7 per cent greater than Rs 2.69 lakh crore for the 2024-25 fiscal. urplus transfer by RB...
Governments worldwide shield households from rising energy costsNations globally are taking action to protect citizens from rising energy prices. Countries are introducing subsidies, tax cuts and fuel co...
Keeping close watch on supply shock, impact on inflation: RBI Guv Sanjay MalhotraThe Reserve Bank of India is watching global uncertainties closely. Governor Sanjay Malhotra stated the RBI is monitoring supply shocks. Th...
Tax cuts collide with inflation as voters weigh Trump's economy in the midtermsVoters in North Carolina face a tough economic choice. While tax cuts aim to boost incomes, rising prices for rent, food, and fuel are a ma...
From India to China, a look at what governments worldwide are doing to shield households from rising energy costsGovernments globally are implementing diverse strategies to mitigate soaring energy costs stemming from the U.S.-Israeli war on Iran. Measu...
Petrol-diesel price hike coming soon? Why IMF says it mustSpeculation mounts over potential petrol and diesel price hikes as assembly elections conclude, despite government assurances. The IMF urge...
IMF warns Asia to keep policy in balance amid Middle East energy disruptionsAsian nations face an energy crisis due to the Iran War. The IMF advises countries to save for future shocks. They suggest targeted financi...
Crude shock: Ajay Bagga on how $90 oil could dent India Inc's earnings and test government's fiscal nerveIndia is bracing for a major energy cost shock. Soaring crude oil prices are set to impact corporate profits, consumer spending, and govern...
No LPG, no worry: This village in Kolhapur cooks food without cylinders, wood or coalIn Maharashtra's Kolhapur district, families are cooking with biogas, a clean fuel derived from local waste like cattle dung and kitchen sc...
ET Awards: Sitharaman flags AI threat and global risks, says reforms on the way to support India Inc growthFinance Minister Nirmala Sitharaman is preparing new reforms to ease business compliance. She believes strong domestic consumption will hel...
India likely to breach budgeted fiscal deficit target for FY27: BMIIndia's fiscal deficit may exceed its target, reaching 4.5 percent of GDP. This is due to government policies responding to the West Asia c...
India seen to line up three buffers for its economy amid the Iran storm: Fitch unitIran War: The Indian government is seen to focus on securing essential supplies, curbing business costs through subsidies and tax relief, a...
Centre in talks with banks to stop fertiliser subsidy fundingThe government is currently in talks with banks regarding the potential discontinuation of financing for fertiliser subsidy receivables. Th...
Govt's subsidy bill projected slightly up at Rs 2.27 lakh cr for FY21For 2020-21 fiscal, Rs 1,15,569.68 crore fund has been allocated for supplying subsidised foodgrain through the public distribution system ...