BUSINESS
Trump Eases Tariffs on Nations Like India That Chose Not to Retaliate
India, which did not retaliate against the 26% duty imposed by Trump, has maintained trade talks with the US government. This is in line with the policy of almost 70 countries, which have also chosen negotiation over retaliation.
RBI Cuts 2025-26 GDP Growth Forecast to 6.5% Amid Rising Global Uncertainties
RBI Governor Sanjay Malhotra cited global policy changes and rising trade uncertainties, especially in view of the recent tariff increases imposed by the United States.
RBI Lowers 2025-26 Inflation Projection to 4%
"Headline inflation eased in January-February 2025 after food inflation sharply corrected," Malhotra pointed out. He pointed out that previous fears of Rabi crop have now subsided. The second advance estimates indicate a record wheat harvest and higher production of pulses. With firm Kharif arrivals, these are likely to bring about a continued softening of food prices.
India offers a compelling growth opportunity for foreign banks, Says FM Sitharaman
Addressing the India-UK Investor Roundtable in London on Tuesday — when close to 60 delegates from pension funds, insurers, banks, and other players from the finance sector were present — Sitharaman outlined India's strategic priorities to promote sustainable growth and an investor-friendly environment.
RBI Lowers Repo Rate by 25 Basis Points, Adopts Accommodative Stance to Boost Growth
As part of the rate cut, the central bank has also changed its monetary policy stance from 'neutral' to 'accommodative' to boost liquidity and promote investment.
Tump's reciprocal tariffs, including 104% on China and 26% on India, kick in amid ongoing negotiations
India, hit with a 26% tariff, is one of the most severely affected countries under this new trade policy.
PLI Boost Propels India’s Smartphone Exports Past ₹2 Lakh Crore Mark in FY25
Taking to social media platform X, Vaishnaw termed the development as another milestone achieved through the government's production-linked incentive (PLI) scheme.
RBI’s Policy Easing Expected to Boost Credit Growth to 10.8% in FY26: Report
The credit rating agency noted some of the measures taken by the RBI that are likely to support this growth. These include lowering the repo rate, delaying proposed changes to the liquidity coverage ratio (LCR) framework, reversing higher risk weights on unsecured consumer loans and lending to non-banking financial companies (NBFCs), and further provisioning relief for infrastructure projects.
MUDRA has democratised India's financial system, Says PM Modi
Looking back at the genesis of the scheme, the Prime Minister revealed that his wide-ranging tours of the country as a "karyakarta" identified a compelling necessity to economically empower those who were left out of the formal banking system. This realization, he said, formed the basis of the MUDRA scheme, which was aimed at providing financial assistance to those who were earlier neglected.
China’s unfair trade practices behind global turmoil, Says Piyush Goyal
He stated that Beijing's development rested upon an aggregate of rigged pricing, subsidization under wraps, and labor arrangements that violate international trade laws.
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