Mumbai, Dec 23 The Reserve Bank of India (RBI) on Tuesday announced a fresh set of steps to inject a large amount of money into the banking system to ease tight liquidity conditions. Through a mix of open market operations (OMOs) and a foreign exchange swap, the central bank will add nearly Rs 3 trillion […]
By Lakshmi Balasubramani So we’ve come to the end of another year, a quarter of the 21st century gone. The amount of progress we’ve achieved in technology is significant and it inspired a question in me. Have we become technologically too rich? Not uniformly in all aspects of life, but a definite spike in information […]
New Delhi, Nov 29 India’s economic outlook for the current financial year has improved, with Crisil Limited revising its GDP growth forecast to 7 per cent, up from its earlier estimate of 6.5 per cent. The upgrade comes after the economy posted a robust 8 per cent growth in the first half of FY26, driven […]
Mumbai, Nov 21 India’s foreign exchange (Forex) reserves surged by $5.54 billion to $692.58 billion during the week ended November 14, according to the figures released by the RBI on Friday. The increase was driven largely by a jump in the value of the gold component of the country’s Forex kitty that shot up by […]
Mumbai, Nov 20 Aggregate earnings of companies in the Nifty-500 universe grew 15 per cent in Q2 FY26, the highest in five quarters, despite geopolitical headwinds and weak consumption trends, a report said on Thursday. Oil and Gas stocks, led by OMCs, contributed significantly to this surge with their EBITDA and PAT up 48 per […]
Washington, Sep 23 Days after US President Donald Trump signed a proclamation to significantly curtail the H-1B visa programme, the US Department of Homeland Security (DHS) has proposed to “amend its regulations” governing the process. The DHS proposal seeks to scrap the existing lottery system and implement “a weighted selection process that would generally favour […]
New Delhi, Sep 21 Small business owners on Sunday congratulated Prime Minister Narendra Modi as the changes in GST from the first day of Navratri are a matter of great pride for our country, highlighting how the tax reforms will benefit middle-class families. They emphasised that the reduced GST rates will help people save more, […]
Mumbai, Sep 17 Commerce and Industry Minister Piyush Goyal on Wednesday said India’s exports have recorded a 6 per cent growth in the first five months of the current financial year and exuded confidence that the year would end “on a positive note”. “As far as exports are concerned, I have consistently said that India’s […]
New Delhi, Sep 15 India’s total exports of merchandise and services clocked a robust growth of 9.34 per cent in August to $69.16 billion compared to the same month of the previous year, according to official figures released by the Commerce and Industry Ministry on Monday. The country’s merchandise exports during August 2025 went up […]
New Delhi, Sep 11 India’s life insurance industry is expected to clock a compound annual growth rate (CAGR) of 14.5 per cent over FY23–35, making it one of the most promising segments in India’s financial services space, a report said on Thursday. The Indian life insurance industry has grown at a CAGR of 11 per […]