The central bank has announced measures to promote wider use of the rupee in cross-border transactions, including permitting rupee loans to Bhutan, Nepal and Sri Lanka, introducing reference rates for key trading partner currencies, and allowing Special Rupee Vostro Account…
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The central bank has projected CPI inflation for 2025-26 at 2.6 per cent with Q2 at 1.8 per cent; Q3 at 1.8 per cent; and Q4 at 4.0 per cent. CPI inflation for Q1:2026-27 is projected at 4.5 per cent.
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India’s Goods and Services Tax (GST) collections for September 2025 surged to ₹1,89,017 crore, marking a 9.1% increase year-on-year, fueled by stronger domestic demand and robust import activity. Net GST revenue grew 5% to ₹1,60,360 crore, despite a significant 40.1%…
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RBI has projected real GDP growth for 2025-26 at 6.8 per cent, with Q2 at 7.0 per cent, Q3 at 6.4 per cent, and Q4 at 6.2 per cent. Growth for Q1:2026-27 is projected at 6.4 per cent.
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Reliance Brands Limited is partnering with British designer Stella McCartney to launch her ethical luxury brand in India. They will open standalone stores and begin online sales on Ajio Luxe within six months, targeting India’s growing base of environmentally conscious…
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When Prime Minister Narendra Modi declared India’s “late entry” into the global semiconductor race, he pinned hopes on pioneers such as Vellayan Subbiah to create a chip innovation hub. – ‘More complicated’- Modi this month said that “20 percent of…
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