News
Parliament advances insolvency reforms with faster, reditor-driven framework
1+ day, 56+ min ago (636+ words) Statesman News Service | New Delhi | April 1, 2026 7:50 pm The Parliament on Wednesday passed the Insolvency and Bankruptcy Code (Amendment) Bill, 2026, after the Rajya Sabha also approved the sweeping Insolvency Code Reforms to Accelerate Resolution Process, ushering in a major overhaul of…...
Longer Gulf conflict may trigger rise in inflation; India a notable exception: SBI report
3+ week, 5+ day ago (488+ words) Statesman News Service | New Delhi | March 7, 2026 11:48 am The ongoing conflict in the Gulf " involving Israel, Iran, and US assets in the region " could have far-reaching economic consequences, including global recessionary pressures, rising inflation and financial market turbulence, a report by…...
New CPI series offers deeper policy signals, reflects changing consumption patterns: SBI Research
3+ week, 6+ day ago (448+ words) The report noted that the revised CPI framework aligns closely with the international Classification of Individual Consumption According to Purpose (COICOP) 2018, enhancing the credibility of India's inflation data and ensuring global comparability. Statesman News Service | New Delhi | March 6, 2026 4:15 pm India's…...
New CPI series captures transition in household consumption trends: CEA Nageswaran
1+ mon, 2+ week ago (310+ words) Statesman News Service | New Delhi | February 13, 2026 4:09 pm India's Chief Economic Advisor V Anantha Nageswaran on Friday said the new Consumer Price Index (CPI) series using 2024 as a base year captures the transition in household consumption trends over the past decade,…...
TG will contribute 10% of GDP by 2047: Revanth
3+ mon, 3+ week ago (282+ words) The two-day-long Telangana Rising Global Summit kicked off at the chief minister's dream project, the Future City, where he unveiled his ambitious plan for the state to become an economic powerhouse on the centenary year of India's Independence. Statesman News…...
Indian economy to cross $4 trillion in FY26: CEA Nageswaran
4+ mon, 1+ week ago (368+ words) Statesman News Service | New Delhi | November 25, 2025 5:19 pm India's Chief Economic Advisor V Anantha Nageswaran on Tuesday said the Indian economy is set to cross the $4 trillion mark in the current fiscal, FY2026. While speaking at the IVCA Green Returns Summit 2025, Nageswaran…...
'Impact of pro-growth policies': Modi hails 8.2 per cent Q2 GDP growth
4+ mon, 4+ day ago (329+ words) Statesman News Service | New Delhi | November 28, 2025 7:14 pm Prime Minister Narendra Modi on Friday hailed India's GDP growth of 8.2 per cent in Q2 of 2025-26, saying the impressive numbers reflected the impact of his government's "pro-growth policies and reforms. "The 8.2% GDP growth in…...
India's economy to grow by 6.5% in current fiscal, 6.7% in next: S&P Global
4+ mon, 1+ week ago (450+ words) Statesman News Service | New Delhi | November 24, 2025 1:19 pm India's economy is expected to grow by 6.5 per cent in the current fiscal year and 6.7 per cent in the next, according to S&P Global Ratings. The ratings agency noted that tax cuts…...
42% Indians prefer instant loan over low interest rates for festive spending: Survey
4+ mon, 3+ week ago (564+ words) Statesman News Service | New Delhi | November 10, 2025 2:55 pm For India's festive shoppers this year, convenience clearly trumped bargain-hunting. A new Paisabazaar survey of over 10,200 consumers reveals a major shift in borrowing behaviour with 42% of respondents choosing lenders offering instant loan disbursal…...
Centre notifies formation of Payments Regulatory Board; DFS and Meity secretaries among 3 external members
6+ mon, 2+ day ago (382+ words) Centre notifies formation of Payments Regulatory Board (PRB) to replace RBI's BPSS, enhancing government representation in payment and settlement system oversight. Nishtha Narayan | New Delhi | September 30, 2025 7:53 pm The Centre has notified the formation of the Payments Regulatory Board (PRB), which…...