Economy

GST Council recommends removal of arrest provisions, other reforms

Next-Gen reforms made as per recommendations of the GST Council in its 56th meeting last year had focussed on rate rationalisation and reduction of...

AI-related investment support global economic activity: RBI

However, it warned that the downside risk also originates from potential sharp corrections in AI-related asset valuations which pose contagion risks to global financial...

Reactions to RBI Monetary Policy

“This move is aimed at anchoring inflation expectations while maintaining macroeconomic stability. Although the increase in the repo rate will play some part in...

No shortage of petro products: Centre

The meeting took stock of the latest developments in the West Asia conflict and discussed ways to bolster India’s readiness to ensure its minimum...

Retail inflation to surge to 5.1%: Crisil

The firm attributed higher crude oil and other commodity prices, softer global growth amid the conflict and forecasts of a below-normal monsoon as reasons...

Union Cabinet approves credit guarantee scheme

The coverage will be provided  to Member Lending Institutions (MLIs) by National Credit Guarantee Trustee Company Limited (NCGTC) for the amount in default under...

UAE exiting OPEC is positive for India: CEA

"Probably good news in terms of one country can break away from the supply constraints that the cartel usually imposes.  The UAE is not...

Federal Reserve holds rates steady

As was anticipated, it kept the rates steady at a range of 3.5 per cent to 3.75 per cent. The decision, however, was not...

IIP slows to 5-month low of 4.1% in March

“Key sectors such as textiles, chemicals, electronics, leather products and wood products reported a decline in output on-year, while refining, food products, paper products,...

Uncertainty is central to monetary policy: RBI Governor

"I am reminded of what Alan Greenspan (Former US Fed Chairman) once said that uncertainty is not just an important feature of the monetary...

Core sector growth declined 0.4% in March

The ICI measures the combined and individual performance of production of eight core industries viz. Coal, Crude Oil, Natural Gas, Refinery Products, Fertilizers, Steel,...

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GST Council recommends removal of arrest provisions, other reforms

Next-Gen reforms made as per recommendations of the GST...

AI-related investment support global economic activity: RBI

However, it warned that the downside risk also originates...

Reactions to RBI Monetary Policy

“This move is aimed at anchoring inflation expectations while...

Rate Cuts are off the table: RBI Governor

The Monetary Policy Committee (MPC) of RBI on Wednesday...

Rising inflation leaves little option for RBI

With central banks across the globe hiking the interest...