CS Setty,Chairman,State Bank of India On the long‑standing demand...
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China plans infusing $29 billion of capital into large insurers
The proceeds will be injected into state-controlled firms including...
WHO sees low risk of Nipah virus spreading beyond India
"The WHO considers the risk of further spread of infection from...
Govt links green credits for tree plantation to survival canopy cover
Green credits are rewards given for taking voluntary steps to protect the environment. Individuals, communities and companies can earn them through activities like planting trees, restoring mangroves, saving water, practising sustainable farming or managing waste in...
Motor Vehicle Tax shouldn’t be levied if vehicle not used in ‘public place’: SC
Motor vehicle tax is compensatory in nature. It has a direct nexus with the end use. The rationale for levy of motor vehicle tax is that a person who is using public infrastructure, such as, roads, highways etc. has to pay for such usage," the apex court said. New...
India to become world’s third largest economy soon, says RBI Guv; hails PM Jan Dhan Yojana
Sanjay Malhotra, Governor, Reserve Bank of India The RBI governor said 55 crore accounts have been opened under the scheme to ensure participation of people from all sections in the country's growth journey, providing them with savings, pension, insurance, credit and...
Climate change impacting India severely, moonshot tech key for sustainable development: NITI Aayog
“India’s development journey is unprecedented -- our economy growing while pursuing a low-carbon and sustainable path. This transition will be energy-intensive, yet we are progressing steadily on our Nationally Determined Contributions (NDCs) and promoting policies...
Q1 GDP numbers reflect India’s resilience, outlook remains positive: Economic Affairs Secretary
Anuradha Thakur, Secretary, Department of Economic Affairs "There could be some near-term disturbances, but in the overall year scenario…we are not changing our growth figures as yet," she said, referring to the GDP estimates for the entire 2025-26 fiscal'' In the...
Govt to study ways to address buildings’ height curb issues near airports to rope in ICAO experts: Naidu
K Rammohan Naidu, Civil Aviation Minister Asserting that aviation safety is the top priority and will not be compromised, the minister also said the government plans to develop aerotropolises or cities developed around airports. New Delhi: The government will carry...
8 oppn-ruled states demand mechanism to ensure GST rate cut benefits get passed on to consumers
"Eight Opposition-ruled states -- Karnataka, Himachal Pradesh, Jharkhand, Kerala, Punjab, Tamil Nadu, Telangana, and West Bengal -- have extended their support to the reduction in the number of GST rate slabs and a reduction in the rates themselves for items of mass...
Stock market decline wipes out Rs 11.21 lakh cr from investors’ wealth in 3 days
"The Sensex ended Friday's trade on a subdued note, slipping 270.92 points to close at 79,809.65 as persistent concerns over US tariffs on Indian exports weighed on investor sentiment and kept foreign inflows under pressure," Vikram Kasat, Head - Advisory at PL...
India’s GDP grows 7.8% in Q1; highest in five quarters
India remains the fastest-growing major economy, as China's GDP growth in the April-June period was 5.2 per cent Commerce and Industry Minister Piyush Goyal on Friday said the government will soon announce measures to boost exports and domestic consumption,...
India’s economy resilient but US trade policies a downside risk, central bank bulletin says
Favourable rainfall and temperature conditions, along with improved rural wages, are likely to help keep rural demand strong while rate cuts and fiscal measures should help overall demand in the economy, it said. MUMBAI: The Indian economy remains resilient, backed by...