Category: Economy

India and the ASEAN countries reached an agreement on Monday to review their free trade pact for goods by 2025.

Major defence deals with Russia have been delayed as Russia being shut out of the global SWIFT system for money transfers.

Moody’s Investors Service has reaffirmed India’s rating as a long-term local and foreign-currency issuer at Baa3.

The Union Cabinet approved a five-year extension and expansion of the Digital India programme, including the Computer Emergency Response Team, India (CERT-in) expansion.

Government decided to release onions from the 300,000-tonne buffer as part of the price stabilization fund (PSF) to cool onion prices.

RBI plans to enhance UPI with AI-driven conversational features for user-friendliness and wider adoption.

Federal Open Market Committee meeting was determined to raise the targeted federal funds rate to a range of 5.25% to 5.5%.

Standing Committee of Parliament on Chemicals and Fertilizers reports called for ending the import dependence on fertilizers such as urea, diammonium phosphate (DAP), muriate of potash (MOP), and nitrogen, phosphorus, and potassium (NPK).

Centre decided to additionally sell wheat and rice through the Open Market Sales Scheme for Food Corporation of India (FCI) stocks.

The parliamentary standing committee on petroleum and natural gas criticizes Oil Ministry and its PSUs for not prioritizing CBG projects in the country.

The National Institute of Public Finance and Policy (NIPFP) has refused to reveal any information on unaccounted income and wealth.

India’s retail inflation may have spiked close to or over the 6% upper tolerance threshold of the Reserve Bank of India (RBI) in July, owing to a broad-based uptick in food prices.