UPSC News | Economy

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Economy

  • Industry News, Company News, Manufacturing News, Service Sector | The Hindu
  • Economy news, Latest Economic News, GDP, World Economy, Indian Economy | The Hindu
  • India’s National Fortnightly Magazine
VST ropes in Axis Bank to offer loan to farmers

This partnership is expected to enable farmers to avail hassle-free, affordable, and flexible credit facilities. [...]

SEBI changes rule to determine m-cap of listed firms; 6-month average to be used now

Instead of using the market capitalisation of a single day (currently March 31), listed companies will now use the "average market capitalisation" for a six-month period [...]

ED raids ex-DPIIT secretary Ramesh Abhishek in money-laundering probe

The CBI had registered an FIR against the 1982-batch officer in February [...]

JSW Cement to invest ₹3,000 crore to set up manufacturing facility in Nagaur, Rajasthan

JSW Cement to invest ₹3,000 crore in new Rajasthan plant, creating 1,000 jobs, expanding capacity to 60 MTPA [...]

North Sea energy firms look beyond U.K. after tax squeeze

North Sea oil producers merge and shift overseas amid U.K. windfall tax, risking production decline and job losses [...]

SC grants telcos’ interest waiver on tax dues on licence fees

The 1999 policy had stipulated that a licencee (telco) would be required to pay a one-time entry fee, and additionally, a licence fee on a percentage share of gross revenue [...]

RBI’s proposed framework to administer project financing | Explained

Considering the long gestation period of projects relating to infrastructure, non-infrastructure and commercial real estate sectors, RBI has proposed a “harmonised prudential framework for the financing of projects. [...]

Nepal bans sale of Indian spice-mix products over quality concerns

Madras Curry Powder, Sambhar Mixed Masala Powder; Mixed Masala Curry Powder of MDH and Fish Curry Masala of Everest have been banned in Nepal [...]

Narayanan Vaghul, legendary banker and former ICICI Bank chairman, passes away at 88

Narayanan Vaghul, the banking giant led the transformation of ICICI from a development bank to India’s second largest private sector commercial bank [...]

India-China consumption comparison

While both India and China have a large consumer base, will India’s burgeoning consumer class with increased spending enhance its appeal to foreign businesses as a preferred destination over China? [...]

RBI’s proposed framework to administer project financing | Explained

Considering the long gestation period of projects relating to infrastructure, non-infrastructure and commercial real estate sectors, RBI has proposed a “harmonised prudential framework for the financing of projects. [...]

Why is RBI keeping an eye on gold loans? | Explained

What prompted the central bank to increase its scrutiny of the gold loan business of NBFCs? [...]

Indian manufacturing needs more sophistication: Finance Minister

Nirmala Sitharaman said that India’s demographic dividend with the lowest dependency ratio will bolster consumption; highlights opportunities worth trillions of dollars for investors  [...]

India's 2024 economic growth projection revised upwards by U.N. to nearly 7%

The World Economic Situation and Prospects as of mid-2024 said “India’s economy is forecast to expand by 6.9% in 2024 and 6.6% in 2025, mainly driven by strong public investment and resilient private consumption”. [...]

Goods exports may rebound over 14% in FY25, need more bank credit: FIEO

Merchandise exports could rebound to $500 billion this year as global demand is slowly improving and prospects of a good monsoon could free up curbs on shipments of agricultural products, says exporters’ group [...]

Argentina reports its first single-digit inflation in six months

Argentina’s inflation rate drops to single digits, boosting President Milei’s austerity program, but causing economic pain for families [...]

Chinese lenders discontinue high yield deposit products to cut costs

Amid a slowing economy, China’s lenders have seen net interest margins — a key gauge of profitability — shrink as they grapple with pressure to lower interest rates on loans for struggling sectors at a time when loan demand is waning. [...]

April trade gap hits $19 billion as imports outpace exports

Surge in the import bill for gold and oil amid the global uptick in their prices stokes concerns [...]

A great leap forward for Europe’s far right? 

Upcoming Parliament election may see gains for far-right parties via rising militarisation, return to austerity, and anti-immigrant sentiments. [...]

Gurugram: Raj Babbar’s ticket to political resurrection

After years of political isolation, Gurugram offers the veteran actor-politician a chance to regain relevance; but he faces formidable opponents. [...]

Cockroach: How a reviled pest from India colonised the world

A new study deciphers the historical routes that the most common species of cockroach took from its origins in Asia.  [...]

Vice chancellors ko gussa kyoon aata hai?

Rahul Gandhi’s candid remarks on RSS influence in academic appointments expose a troubling truth about India’s educational system. [...]

Uncertainty in Iran after death of President Ebrahim Raisi

Raisi’s death creates a void and opens up a wide field for competitors vying to succeed Iran’s Supreme Leader, Ayatollah Ali Khamenei. [...]

Extreme weather is battering the world. What’s the cause?

Climate change is likely fuelling a surge in extreme weather events across the planet. It could be a troubling sign of things to come. [...]

Will jailed politician Engineer Rashid be the ‘dark horse’ in Baramulla?

Incarcerated firebrand leader Sheikh Abdul Rashid’s son leads rousing campaign, mobilising youth and drawing crowds in North Kashmir. [...]

Legal experts call for a repeal of UAPA over misuse and rights violations

Senior advocates and rights activists raise concerns over the draconian application of UAPA, arbitrary arrests, and denial of constitutional rights. [...]

Ebrahim Raisi (1960-2024): Iranian President who confronted the West

The news of Raisi’s death comes as Iran struggles with internal dissent and its relations with the wider world. [...]

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