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CII MOOTS FUND FOR INDIA'S LONG TERM GROWTH

New Delhi, Nov. 10 -- The Confederation of Indian Industry (CII) on Sunday proposed the creation of India Development and Strategic Fund (IDSF), a sovereign-backed, professionally-managed financial in... Read More


CII moots twin-arm govt-backed fund to boost domestic capacity, global influence

New Delhi, Nov. 9 -- The Confederation of Indian Industry (CII) on Sunday proposed the creation of an India Development and Strategic Fund (IDSF), a sovereign-backed, professionally-managed financial ... Read More


Seasonal fall in demand for work under rural jobs scheme much sharper Jun-Oct this year

New Delhi, Nov. 9 -- Demand for work under the Mahatma Gandhi National Rural Employment Guarantee Act, or MGNREGA, has dropped sharply since June, with official data showing that the number of people ... Read More


Sitharaman urges private sector to tap Rs.1 trillion R&D fund

New Delhi, Nov. 7 -- Finance minister Nirmala Sitharaman on Friday said the recently launched Rs.1 trillion research and development (R&D) fund is open to both government and private entities, urging ... Read More


FY26 GDP growth could exceed 6.8%: Chief economic adviser

NEW DELHI, Nov. 7 -- India's chief economic adviser, V. Anantha Nageswaran, on Friday said he is now more comfortable projecting a number north of 6.8% for India's GDP growth in FY26, signalling renew... Read More


India's services growth slows to five-month low in October as export demand softens

NEW DELHI, Nov. 6 -- India's services sector lost momentum in October, easing to a five-month low after hitting a 15-year peak in August, as growth in new business and output slowed amid softer export... Read More


Sitharaman wants large champion banks. Fresh mergers on the cards?

New Delhi, Nov. 6 -- Finance minister Nirmala Sitharaman said on Thursday that India requires large, world-class banks to support the massive capital needs of a fast-growing economy, signalling a rene... Read More


India's crackdown on financial crime set a benchmark, says global watchdog FATF

New Delhi, Nov. 5 -- India's pursuit of financial crime has earned global recognition, with the Financial Action Task Force (FATF) citing several cases as models of effective asset recovery in its new... Read More


Sitharaman calls for India-centric economic models

New Delhi, Nov. 4 -- Finance minister Nirmala Sitharaman on Monday called on economists and scholars to adopt a more data-driven, technology-oriented approach to understanding India's rapidly changing... Read More


Mfg revives in Oct as GST relief, tech push lift demand

New Delhi, Nov. 4 -- India's manufacturing sector regained momentum in October after cooling to a four-month low in September, lifted by GST relief measures, improved productivity and increased techno... Read More