News
Good governance must complement fiscal management
1+ hour, 47+ min ago (1021+ words) Good governance must complement fiscal management'The Hans India Union Finance Minister Nirmala Sitharaman didn't make a political point when she said that India has fiscal space to support sectors impacted by the escalating West Asia crisis It is because of…...
RBI likely to hold rates, inflation could rise to 4.5–4.8 pc: Report
11+ hour, 26+ min ago (323+ words) New Delhi: India's headline CPI could rise to between 4.5 and 4.8 per cent from a base case of about 4 per cent, and RBI's April policy is likely to keep rate changes on hold in a cautious tone, a report said on…...
Rate cut unlikely as inflation risks persist, geopolitical crisis hits industry: Anant Goenka
13+ hour, 30+ min ago (366+ words) New Delhi: A rate cut in this environment will be fairly difficult because of inflation pressures, so the RBI may stay at current rate levels, Anant Goenka, President of FICCI, said on Tuesday. Speaking to IANS on the sideline of…...
Rising costs hit construction sector amid global tensions
1+ day, 26+ min ago (308+ words) Tirupati: Escalating tensions in the Middle East have triggered a sharp increase in construction costs in India, with prices of steel, cement and other essential materials rising significantly in recent weeks. The surge is placing heavy financial pressure on builders…...
Gold imports witness 29% surge to $69 bn
1+ day, 1+ hour ago (231+ words) Strong demand and elevated prices drive imports, adding pressure on trade deficit and CAD New Delhi: India'sgold imports rose 28.73 per cent to $69 billion during April'February 2025-26, driven by elevated prices and sustained demand, according to government data. Imports stood at $53.52 billion…...
India has fiscal strength to tackle West Asia crisis: FM
1+ day, 1+ hour ago (253+ words) New Delhi: Finance Minister Nirmala Sitharaman on Monday said India has fiscal space to support sectors impacted by escalating West Asia crisis, while the Reserve Bank has room to cut interest rate to... New Delhi: Finance Minister Nirmala Sitharaman on…...
No impact on revenue: ECoR
1+ day, 20+ hour ago (216+ words) The ECoR, in a statement, said that Palasa-Ichchapuram section (about 50 km) consists of seven stations - Palasa, Summadevi, Mandasa Road, Baruva, Sompeta, Jhadupudi and Ichchapuram. All these stations are situated in Srikakulam district of Andhra Pradesh, and none of these stations…...
Pakistan’s huge fuel hike will likely cause food inflation, shrink exports: Report
1+ day, 13+ hour ago (319+ words) New Delhi: Pakistan's decision to raise petrol prices to Rs 458.40 per litre, with a petroleum levy of Rs 161 per litre, risks "a structural shock on an already fragile economy," a new report has said. The report from Business Recorder said…...
India’s GDP growth likely at 6.7 pc in FY27 despite geopolitical tensions: Report
1+ day, 19+ hour ago (322+ words) India's economic growth is expected to remain resilient in the face of rising global uncertainties, with GDP projected to expand at 6.7 per cent in FY27, a new report said on Monday. While ongoing geopolitical tensions in West Asia may create some…...
Bangladesh faces economic strain as Iran war pushes up fuel and food costs
2+ day, 15+ hour ago (312+ words) The ongoing war in Iran is creating real economic pressures in Bangladesh, affecting fuel, fertiliser, freight, and foreign exchange, a report has said. While the country is geographically distant from the conflict, its highly connected economy is feeling the impact…...