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FORMAL ECONOMY
RBI's tighter capital market norms kick in from today; Ashvin Parekh on why the timing mattersNew Reserve Bank of India regulations, now effective from July 1, aim to bolster financial stability by limiting bank exposure to real esta...
World Bank to phase out China lending by 2031The World Bank is set to cease lending to China by 2031, a move reflecting Beijing's economic ascent. Loans will be capped at $2 billion un...
Gujarat can emerge as major defence manufacturing hub: RajnathDefence Minister Rajnath Singh highlighted Gujarat's potential as a major defence manufacturing hub, emphasizing its industrial strength an...
The overcapacity narrative of the US: Why it does not apply to IndiaThe ‘overcapacity’ argument posits that certain countries produce far beyond their domestic absorption capacity, dumping the surplus on wor...
India is plotting a game-changer for RBI, banks, corporates, investorsIndia is planning a high-frequency index to track its vast informal economy, covering millions of unincorporated companies. The proposed Mo...
What's in the deal between Israel and Lebanon?Israel and Lebanon have reached a U.S.-brokered peace framework, aiming for mutual recognition and an end to hostilities. Key points includ...
An aggressive growth strategy and multi-city expansion bid, Umm Al Qura’s SAR 50 billion portfolioUmm Al Qura, developer of Makkah's Masar Destination, unveils a 2026–2030 strategy to expand across Makkah, Jeddah and Madinah, targeting a...
India seeks EU scrap export relief as curbs threaten trade pact gainsIndia has urged the European Union to reconsider planned restrictions on metal scrap exports. Steel and aluminium producers fear these curb...
Plan afoot to create index for unincorporated enterprisesThe index, proposed by the ministry of statistics and programme implementation (MoSPI), will provide insights into the health of the large ...
'We meet not as strangers, but as old friends': PM Modi addresses Parliament of Seychelles, hails people-to-people tiesPrime Minister Narendra Modi addressed the Seychelles Parliament, his 20th foreign legislative address. He also received the "Guardian of t...
'Indian Ocean is our shared home': PM Modi highlights India-Seychelles ties after signing key MoUsPrime Minister Modi asserted the Indian Ocean as a shared home, emphasizing joint responsibility for its security and prosperity during his...
Civil Aviation Minister inaugurates first hub-and-spoke flight from Varanasi via DelhiCivil Aviation Minister K Ram Mohan Naidu launched Air India's 'Easy Connect' initiative in Varanasi, establishing the first hub-and-spoke ...
India may approve $370 million Chinese-linked auto investment, first in nearly a decadeIndia is poised to approve a significant $370 million investment from Horse Powertrain Ltd., a hybrid-engine venture backed by China's Geel...
What is India’s new hub-and-spoke model and how will airport immigration change?India has launched its ambitious hub-and-spoke aviation strategy, aiming to simplify international travel for citizens in smaller cities. T...
NCR plans four new cities along RRTS corridors to ease housing costsThe National Capital Region Planning Board’s Regional Plan 2041 proposes four new greenfield cities along Rapid Rail Transit System (RRTS) ...
Service output index to debut next month with FY25 baseIndia is set to launch the Index of Service Production (ISP) next month, a crucial new monthly indicator mirroring the Industrial Productio...
Global economy remains fragile despite US-Iran truce, but India has buffers to weather shocks: RBIGlobal economic fragility persists despite a US-Iran truce, with risks of renewed inflation and supply disruptions if tensions re-escalate....
Delhivery unveils welfare scheme with Rs 15 lakh accident cover for gig workforceDelhivery has launched 'Abhyam', a comprehensive welfare program for its 1 lakh frontline workers. This initiative offers significant benef...
MSMEs are India's entrepreneurship nursery, RBI to continue strong support: Governor MalhotraEmphasising the Reserve Bank of India (RBI) continued committment to the MSME sector, RBI Governor Sanjay Malhotra on Sunday described Micr...
PM Modi to disburse incentives worth around Rs 2,400 cr under PM-VBRY on June 19Prime Minister Modi announced Rs 2,400 crore in incentives under the Pradhan Mantri Viksit Bharat Rozgar Yojana (PM-VBRY) on June 19. This ...