New Delhi, May 13 (KNN) India’s monetary policy can accommodate temporary supply-side shocks but may require intervention if inflationary pressures persist following the Iran war-driven surge in global oil prices, Reserve Bank of India (RBI) Governor Sanjay Malhotra said. Speaking at a conference in Switzerland on Tuesday, Malhotra indicated thatContinue Reading
New Delhi, May 25 (KNN) The Department for Promotion of Industry and Internal Trade (DPIIT) has released operational guidelines for the BHAVYA scheme — Bharat Audyogik Vikas Yojna — a central sector programme aimed at developing investment-ready industrial parks across the country, with a total outlay of Rs. 33,660 croreContinue Reading
New Delhi, Jun 4 (KNN) India’s decision to limit the pass-through of rising global oil prices to domestic consumers has effectively acted as an implicit subsidy to households and businesses, former International Monetary Fund (IMF) Deputy Managing Director Gita Gopinath said. Speaking to news agency ANI, Gopinath said the IndianContinue Reading
New Delhi, Apr 15 (KNN) India’s wholesale price index (WPI)-based inflation jumped to 3.88% year-on-year (YoY) in March 2026 from 2.13% in the previous month, according to data released by Ministry of Commerce and Industry on Wednesday. The rise in WPI inflation reflects the impact of the West Asia crisisContinue Reading
New Delhi, Apr 30 (KNN) India’s economy remains resilient at the start of FY2026-27, but faces emerging risks from the ongoing West Asia conflict, which has disrupted supplies of energy, fertilisers and key industrial inputs, according to the latest Monthly Economic Review released by the Department of Economic Affairs underContinue Reading
New Delhi, May 13 (KNN) India’s economy remains resilient despite rising global financial uncertainties, with concerns over foreign capital outflows appearing overstated, according to S&P Global Ratings. The assessment comes amid heightened volatility triggered by an oil price surge linked to the Iran conflict and record foreign fund outflows thatContinue Reading
Mumbai, May 26 (KNN) Hindustan Petroleum Corporation Limited and Tata Motors have signed a Memorandum of Understanding (MoU) to pilot a structured and scalable model for the collection and recycling of used automotive lubricants, supporting India’s circular economy ambitions and compliance with evolving Extended Producer Responsibility (EPR) regulations. TheContinue Reading
