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Curbing illegal loan apps, empowering social firms: govt's stability goals

New Delhi, Feb. 21 -- At the 28th Financial Stability and Development Council (FSDC) meeting, chaired by finance minister Nirmala Sitharaman on Wednesday, officials discussed ways to stem the harm cau... Read More


India set for strong growth in FY25 amid global headwinds: Finance ministry

New Delhi, Feb. 20 -- India's economy is performing well, with risks evenly balanced, to achieve 7% growth in FY25, but geopolitical tensions and geo-economic fragmentation pose risks to the country's... Read More


Japan commits $1.55 billion ODA loan for several projects in India

New Delhi, Feb. 20 -- Japan has committed a 232.21-billion-yen (about $1.55 billion) Official Development Assistance (ODA) loan for nine projects across various sectors in India such as road connectiv... Read More


Petroleum exports drop sharply as West tightens squeeze on Russia

NEW DELHI, Feb. 19 -- Earnings from petroleum shipments fell steeply in April-January FY24 due to the global economic slowdown, a rise in domestic consumption, and shrinking discounts on Russian oil. ... Read More


Trade balance with Europe moves into deficit in FY24

New Delhi, Feb. 17 -- India's trade balance with Europe has moved into negative territory over the first three quarters of FY24, with imports exceeding exports during the period. This is a reversal fr... Read More


India added 1.88 million new workers in December

New Delhi, Feb. 15 -- About 1.88 million new employees joined India's workforce in December, as per provisional payroll data from the Employees' State Insurance Corporation (ESIC), marking an increase... Read More


Gold demand in India may hit 900 tonnes this year

New Delhi, Feb. 15 -- The demand for gold in India, which has been in the range of 700-800 tonnes annually since 2019, is expected to increase to 800-900 tonnes in the calendar year 2024 on the back o... Read More


Gold demand in India can go up to 900 tonnes this year

New Delhi, Feb. 15 -- The demand for gold in India, which has been in the range of 700-800 tonnes annually since 2019, is expected to increase to 800-900 tonnes in the calendar year 2024 on the back o... Read More


India, Peru resume trade talks after nearly 5 years

New Delhi, Feb. 15 -- India has resumed trade talks with Peru after a long gap, with the sixth round of India-Peru negotiations for a trade agreement held in the South American country from 12 to 14 F... Read More


WPI inflation eases to 0.27% in Jan as food prices moderate

New Delhi, Feb. 14 -- India's wholesale price index (WPI)-based inflation eased to 0.27% in January as prices of essential commodities like food, fuel and power softened, according to data released by... Read More