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Articles for Economy

NPCI To Create BHIM Subsidiary, Appoints New CEO To Drive Digital Payments Expansion

Lalitha Nataraj, formerly of IDFC FIRST Bank and ICICI Bank, has been appointed as the Chief Executive Officer (CEO) of the new subsidiary

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FM Emphasises Urgent Need To Address $4 Tn Financing Gap

Nirmala Sitharaman highlights the critical issues facing developing economies and proposes collaborative strategies to bridge the financing gap essential for achieving sustainable development goals (SDGs)

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Gita Gopinath Meets FM, Lauds Centre’s Policy Continuity In Fiscal Consolidation Path

Gopinath acknowledges the vibrancy of the Indian economy and the strength of the country's relationship with the International Monetary Fund (IMF)

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Prioritise Local Production Over Avoidable Imports: VP Urges Sectors

The Vice President expresses concern over the export of raw materials, such as iron ore, without value addition

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ED Conducted Search Operation In Delhi And Gurugram Against Online Betting

According to ED searches were conducted at the residential premises of persons operating the entity Virtous Payment Solutions LLP

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Modi Proposes 'Global Development Compact' To Assist Partner Nations In Balanced, Inclusive Growth

PM Modi says, "Today I want to propose a comprehensive Global Development Compact, it will be based on the experience of India's development journey and development partnerships."

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India’s Forex Reserves Drop To $670.12 Bn In Week Ended 9 Aug

As per the data from the apex bank, the Foreign Currency Assets (FCAs), the biggest component of the forex reserves, reported a drop of USD 4.07 billion

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Incentive Disbursements To Stand At 11% Of Outlay By FY25, Says Icra

The Centre has been adjusting allocations, inviting applications and refining schemes to increase the incentive disbursement across all sectors, Icra mentioned in its report

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Urban Unemployment Rate Dips To 6.6% In Q1FY25: PLFS

The quarterly bulletin shows that the unemployment rate among males aged 15 years and above in the current weekly status (CWS) in urban areas has declined to 5.8 per cent in the first quarter of the financial year 2025 (Q1FY25)

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MSME Growth Slows To 5.4% From Dec To June As Merger Impact Masks Deeper Decline

India's industry segment exhibits a growth of 7.7 per cent YoY in June 2024 compared to 7.4 per cent in June 2023, led by growth in micro, small and medium enterprises (MSMEs) and infrastructure

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