Finance Minister Nirmala Sitharaman on Saturday dismissed concerns surrounding falling household savings. Speaking at an event in Delhi, she said that India’s middle class is saving in new ways and…
GE Aerospace has delivered the fifth F404-IN20 engine to Hindustan Aeronautics Limited (HAL) for India’s indigenous Light Combat Aircraft (LCA) Mk1A programme.A company spokesperson said the delivery is part of…
India and the United States will commence three-day talks on the first phase of their proposed bilateral trade agreement here from December 10, sources said.The visit is crucial as India…
The Reserve Bank of India’s (RBI) 25-basis-point repo rate cut to 5.25%—delivered unanimously by the Monetary Policy Committee (MPC) this week—marks one of the rare instances globally where a central…
The timing of the rate cut indicates a strategic effort to reinforce consumption and investment through borrowings in case external challenges deepen, notes Deloitte India Economist Dr. Rumki Majumdar in…
India's clean energy ministry has urged banks and other lenders to be cautious in financing new solar photovoltaic module manufacturing capacity, highlighting the potential for oversupply in the local market,…
The Haryana government on Friday extended retirement gratuity and death gratuity benefits to all state employees covered under the Unified Pension Scheme (UPS), a move that brings them closer to…
Gujarat's per capita income has surpassed ₹3 lakh for the first time, and the state now ranks among India's top five economies, an official said on Friday.A government release said…
India's central bank on Friday asked banks to submit a detailed plan on ringfencing their core business from other riskier non-core business by March 2026.The Reserve Bank of India said…
The Reserve Bank of India (RBI) on Friday cut the repo rate by 25 basis points to 5.25% and reaffirmed its neutral stance, signalling a clear shift toward supporting growth…