Category: Politics

India’s October 2025 export data presents a paradox. On the surface, electronics exports surged 19%, led by a robust $2.4 billion in smartphone shipments. Yet, a deeper look reveals something that may be of concern. Most other major export categories shrank sharply, and several of India’s key markets are increasingly dominated by Chinese goods. Experts warn […]

A decline in India’s oil imports from Russia may last only for “a brief period” as Moscow plans to boost supplies to New Delhi, Kremlin spokesperson Dmitry Peskov told Indian journalists on Tuesday. India, the top buyer of Russian seaborne oil, has cut crude imports from Moscow under pressure from Western sanctions. Russia is the top […]

RBI may cut rates by 25 bps this week despite GDP growth shocker The Reserve Bank of India’s December Monetary Policy Committee (MPC) meeting on 5 December is expected to be a close call, with analysts saying the central bank may still cut the policy rate by 25 basis points to 5.25% despite India’s stronger-than-expected GDP […]

The Centre’s Prime Minister Internship Scheme, launched in October last year to skill one crore youth over five years, is facing major execution hurdles in its pilot phase, with official data showing low acceptance, poor joining rates and high attrition across two rounds of internships. Fresh details tabled in the Lok Sabha show that while partner […]

There is presently no proposal on merger or consolidation of state-owned banks before the government, Parliament was informed on Monday. “Presently, no proposal on merger or consolidation of Public Sector Banks (PSBs) is under consideration of the Government,” Minister of State for Finance Pankaj Chaudhary said in a written reply in the Lok Sabha. Replying to […]

Kolkata: Top Chinese electronic brands in India such as Oppo, Vivo, Lenovo-Motorola, Haier and Midea are funding their India businesses through borrowings from group entities, as per the latest Registrar of Companies filings. That’s due to lack of Press Note 3 (PN3) approval for equity funding and regulatory action against some of them, making accessibility to […]

The government on Monday sought Parliament’s nod for net additional spending of Rs 41,455 crore in the current fiscal, which includes over Rs 18,000 crore expenditure towards fertiliser subsidy. Finance Minister Nirmala Sitharaman tabled the first batch of Supplementary Demands for Grants for 2025-26 in the Lok Sabha. It seeks Parliament’s approval for a gross additional […]

The government has listed nine economic bills, including a bill to amend Insurance Laws and two others to levy tax and cess on sin goods like tobacco and pan masala, for the Winter Session of Parliament beginning Monday. Also, the first batch of Supplementary Demands for Grants for 2025-26 would be brought in during the Winter […]

New Delhi, India is at present negotiating free trade agreements with a number of trading partners, including the US and European Union, Commerce and Industry Minister Piyush Goyal said on Friday. India is working with its ‘trusted’ trading partners through these agreements to boost economic ties, he said. “We have all seen trade being weaponised. We […]

The government has set up a committee to examine key provisions under the Securitisation and Reconstruction of Financial Assets and Enforcement of Security Interest Act, 2002, or SARFAESI Act. The committee will have senior bankers and will examine this and other suggestions to further strengthen the recovery law, said people familiar with the developments. The Supreme […]