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  • Economy

    Pakistan’s new Finance Minister will find it hard to clear the financial mess

    by Mahua Venkatesh October 5, 2022
    by Mahua Venkatesh October 5, 2022

    All eyes are on Pakistan’s new Finance Minister Ishaq Dar who completes a week in office. Needless to say, his measures will be scrutinised with a fine-tooth comb as the …

  • Economy

    Centre okays Rs 26,000 crore war chest for 25,000 new towers to boost digital connectivity

    by IN Bureau October 4, 2022
    by IN Bureau October 4, 2022

    Ashwini Vaishnaw, Minister for Communications, Electronics & Information Technology and Railways, has highlighted the importance of connectivity for expansion of Digital India and its reach to every corner of the …

  • Economy

    NTPC records 15% growth between April-September

    by IN Bureau October 1, 2022
    by IN Bureau October 1, 2022

    Public sector behemoth NTPC registered a 15.1 per cent growth in power generation at 203.5 billion units (BU) during the April-September period this year. The high generation growth indicates improved …

  • Economy

    GST collection jumps 27% to Rs 1.47 lakh crore in Sept

    by IN Bureau October 1, 2022
    by IN Bureau October 1, 2022

    The gross goods and services tax (GST) revenue collection for September stood at Rs 1,47,686 crore – an increase of 27 per cent compared to a year ago period. As GST …

  • Economy

    Legal authority holds ED’s seizure of Rs 5,551 crore from China’s Xiaomi as valid  

    by IN Bureau October 1, 2022
    by IN Bureau October 1, 2022

    The adjudicating authority for foreign exchange transactions has ruled that the remittances from India by Chinese phone maker Xiaomi were illegal and the Enforcement Directorate was justified in seizing Rs …

  • Economy

    PM Modi to launch 5G telecom services today

    by IN Bureau October 1, 2022
    by IN Bureau October 1, 2022

    Prime Minister Narendra Modi will launch 5G services in India today in select cities ushering in a new technological era. Apart from powering ultra-low latency connections, which allow downloading full-length …

  • Economy

    Dalal Street takes RBI rate hike in its stride

    by IN Bureau September 30, 2022
    by IN Bureau September 30, 2022

    Notwithstanding the Reserve Bank of India’s (RBI) decision to increase the repo rate—the rate at which banks from the central bank—by 50 basis points or 0.5 per cent—to 5.90 per …

  • Economy

    RBI hikes interest rates to contain inflation

    by IN Bureau September 30, 2022
    by IN Bureau September 30, 2022

    The Reserve Bank of India (RBI) in its Monetary Policy Committee (MPC) meeting has further hiked the repo rate – the rate at which banks borrow from the central bank– …

  • Economy

    Top insurance companies caught in Rs 824 crore GST fraud in Mumbai

    by IN Bureau September 30, 2022
    by IN Bureau September 30, 2022

    The Directorate General of Goods and Services Tax Intelligence (DGGI) has detected an alleged fraud of Rs 824 crore in availing input tax credit (ITC), without providing any underlying supply …

  • Economy

    PM Modi says Gujarat’s Bhavnagar port will be crucial in building self reliant India

    by IN Bureau September 29, 2022
    by IN Bureau September 29, 2022

    Prime Minister Narendra Modi today laid the foundation of the Rs 5200 crore project at Bhavnagar in Gujarat. This includes the world’s first CNG terminal. Among several projects, the Prime …

  • Economy

    Nirmala Sitharaman reviews banks’ performance of SC welfare schemes

    by IN Bureau September 27, 2022
    by IN Bureau September 27, 2022

    Finance Minister Nirmala Sitharaman today held a review meeting to assess the performance of public sector banks (PSBs) on credit and other welfare schemes for scheduled castes to ensure that …

  • Economy

    Modi govt sanctions Rs 7,300 crore for big push to startups

    by IN Bureau September 27, 2022
    by IN Bureau September 27, 2022

    An amount of Rs 7,385 crore has been so far committed to 88 Alternative Investment Funds (AIFs) by the Fund of Funds for Startups (FFS), launched under the Startup India …

  • Economy

    Inflation expected to ease as global oil prices dip, focus is now on growth

    by Mahua Venkatesh September 27, 2022
    by Mahua Venkatesh September 27, 2022

    India is expected to shift its focus back on economic growth even as inflation inched upward touching the uncomfortable 7 per cent mark in August up from 6.7 per cent …

  • Economy

    Will IMF continue its loan programme under Pakistan’s new finance minister?

    by Mahua Venkatesh September 26, 2022
    by Mahua Venkatesh September 26, 2022

    As Pakistan is now set to get a new finance minister– senior member of Pakistan Muslim League – N (PML-N) Ishaq Dar will soon assume charge, the moot question that …

  • Economy

    Apple starts producing flagship iPhone 14 in India

    by IN Bureau September 26, 2022
    by IN Bureau September 26, 2022

    Apple has started assembling its flagship iPhone 14 models in India just weeks after its global launch on September 7, as the US tech giant looks to diversify to alternative …

  • Economy

    India’s toy exports shoot up by 61% while imports dip 70% as local industry surges

    by IN Bureau September 25, 2022
    by IN Bureau September 25, 2022

    India’s toy exports have shot up by more than 61% to $326 million (Rs. 2601.5 cr.) during 2021-22 in less than two years despite the Covid-19 pandemic. At the same …

  • Economy

    FDI inflow doubled in 8 years since ‘Make in India’ scheme launched

    by IN Bureau September 25, 2022
    by IN Bureau September 25, 2022

    Since its launch in 2014, the flagship Make in India programme of the Narendra Modi government, has drawn foreign direct investments (FDI) from as many as 101 countries. FDI inflows …

  • Economy

    Is Pakistan once again on the brink of default?

    by Mahua Venkatesh September 25, 2022
    by Mahua Venkatesh September 25, 2022

    Pakistan’s devastating floods which could cost more than $30 billion to the exchequer have once again sparked fears of a possible default. Until the creditors provide debt relief measures and …

  • Economy

    Pranay Kr Verma to assume charge as India’s ambassador to Bangladesh

    by IN Bureau September 23, 2022
    by IN Bureau September 23, 2022

    Newly-appointed Indian High Commissioner to Bangladesh, Pranay Kumar Verma will take over from Vikram Doraiswami. The latter has been appointed as the country’s envoy to the UK. As per protocol, …

  • Economy

    IMF loan not enough to help Pakistan’s economy, says country’s top public think tank

    by Mahua Venkatesh September 23, 2022
    by Mahua Venkatesh September 23, 2022

    The much-hyped revival of the International Monetary Fund’s (IMF) bailout package under the Extended Fund Facility (EEF) for Pakistan is unlikely to boost economic development in the country. Pakistan Institute …

  • Economy

    Gadkari lays foundation for 8 national highway projects in Andhra Pradesh

    by IN Bureau September 22, 2022
    by IN Bureau September 22, 2022

    Nitin Gadkari, Minister for Road Transport and Highways today laid the foundation for eight national highway projects with a cost of Rs 3000 crore in Andhra Pradesh. Gadkari, while addressing …

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