New Delhi, Mar 31 (KNN) India’s economic growth could slow and inflation may rise if the ongoing conflict in West Asia continues into the next financial year, according to the EY Economy Watch report. The EY report estimates that real GDP growth could decline by about 1 percentage point, whileContinue Reading
New Delhi, Mar 11 (KNN) The Union Cabinet, chaired by Prime Minister Narendra Modi, has relaxed foreign direct investment (FDI) rules for companies from China and other countries which share land borders with India. An official statement said that the change in FDI rules is aimed at unlocking greater FDIContinue Reading
New Delhi, Mar 21 (KNN) The Indian rupee fell to a record low, breaching the 93-per-dollar mark for the first time, amid escalating geopolitical tensions in West Asia and rising crude oil prices that have intensified pressure on the currency. The rupee touched an all-time low of 93.77 before closing atContinue Reading
New Delhi, Mar 31 (KNN) Union Finance Minister Nirmala Sitharaman said on Monday, in a written reply to a question in the Lok Sabha, that the depreciation of the Indian rupee against the US dollar is part of a broader global trend, even as domestic inflation has eased significantly inContinue Reading
New Delhi, Mar 12 (KNN) NITI Aayog has urged state governments to adhere to fiscal deficit limits under the Fiscal Responsibility and Budget Management Act (FRBM Act) through disciplined expenditure management, expansion of the GST base and stronger tax mobilisation. The recommendation is part of the Fiscal Health IndexContinue Reading
New Delhi, Mar 23 (KNN) Union Commerce and Industry Minister Piyush Goyal held a series of high-level meetings over the weekend with global leaders and industry stakeholders to strengthen India’s trade, investment and innovation ecosystem. Bilateral Engagements To Boost Trade And Investment In a virtual interaction with Mexico’s Secretary ofContinue Reading
New Delhi, Apr 1 (KNN) India’s slow and inefficient dispute resolution system is estimated to be costing the economy 1.5–2 percent of GDP annually, significantly impacting business confidence and investment flows, experts said. Speaking at the Mint India Investment Summit 2026, legal and industry experts highlighted that weak contract enforcementContinue Reading
