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OVERSEAS SPENDING REDUCTION
India's economic plot twist comes with one villain stepping aside, another waitingIndia's economic outlook has improved as falling crude oil prices ease inflation, strengthen the balance of payments and prompt economists ...- Reliance AGM 2026: Isha Ambani lays out Rs 1 lakh crore FMCG ambition amid Jio IPOReliance Industries used its 2026 AGM to outline ambitious growth plans across retail, consumer goods and digital businesses, while also ta...
- Renault teams up with Thales to boost France's drone productionRenault will manufacture military drones for Thales. Production of 1,000 units monthly is set to begin next year. This partnership aims to ...
- Is India's economic growth real? Raghuram Rajan says something is offFormer RBI Governor Raghuram Rajan questions India's strong economic growth figures, citing weak corporate investment and declining foreign...
- Govt raises nearly Rs 20,000 crore through disinvestment, asset sales as West Asia conflict swells subsidy burdenThe Centre has raised nearly Rs 20,000 crore through stake sales and asset monetisation in the first two months of this financial year. Thi...
- India's biggest trade bet comes with six red flagsIndia may be adding more trade partners, but its latest FTA report card comes with several red marks. A new study by the Global Trade Resea...
- 100 days of Iran war: India must brace for broad-based economic shockIn a volatile turn of events, escalating strikes between Iran and Israel are sending shockwaves that may reach India’s economy. As the spec...
- Indian travellers worry more about forex costs than visa queues: ReportIndian travellers are set to spend more overseas following a tax reduction. However, managing travel budgets is their biggest worry. Many s...
- Indians may be roaming closer to home because of a war far awayIndia Tourism Sector and Iran War: Prime Minister Modi's call to curb foreign travel for a year aims to boost domestic tourism, conserve fo...
- Global Market: China’s April growth slows sharply as consumption, factory output weakenChina's economy shows signs of slowing down. Industrial output, retail sales, and investment activity weakened in April. This slowdown is l...
- China's economy slows in April as output, retail sales disappoint in blow to outlookChina’s industrial output growth slowed to 4.1% in April from 5.7% in March, missing market expectations of a 5.9% rise, official data show...
- ‘Every small effort matters’: PM Modi urges Indians to cut imports, save fuel and stand together amid West Asia crisisIn a stirring address, Prime Minister Narendra Modi has encouraged the people of India to embrace local products and minimize their depende...
- After winning poll battles, Modi has picked up a new fightAmidst rising crude oil prices and a weakening rupee, Prime Minister Modi has urged Indians to embrace austerity. His call to reduce fuel c...
- India aiming to cut steel emissions by 25%, double capacity, document showsIndia is set to boost its steel production significantly by 2035-36. The new National Steel Policy 2025 targets a substantial reduction in ...
- TCS is down, but the 'hidden fees' remain: Why budget 2026 is only step one for Indian studentsIndia's Budget 2026 significantly reduced TCS on overseas remittances and tour packages, while RBI mandated full fee transparency for forex...
- Travel industry welcomes measures aimed at boosting tourism, but long-standing demands remainThe Union Budget has welcomed hospitality sector reforms like a National Institute and high-speed rail corridors, alongside a TCS reduction...
- Tax on external remittances slashes Indians' overseas spending by 44%The tax on external remittances from India has led to a notable drop in spending abroad. In June 2024, total remittances fell 44% to $2.2 b...
- Defence budget cuts imminent to reign in fiscal deficit: AK Antony“There will not be any spending cuts when it comes to operational preparedness of our ground forces,” Union defence minister AK Antony said.
- NMDC to spend Rs 3,513 crore on Chhattisgarh steel plant in FY'13NMDC plans to invest Rs 3,513 crore on its upcoming 3 million tonnes per annum capacity steel plant at Nagarnar in Chhattisgarh.
- Fund for infrastructureThe govt is reportedly considering fund to provide loans to infrastructure.
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