Core sector growth at 0% October; Refinery, fertiliser, steel and cement rises
The combined Index of Eight Core Industries (ICI) remained unchanged at 162.4 (provisional) as compared to the Index in the…
Category: Financial
Imports of Russian oil strong yet, sharp decline seen in Dec-Jan
India’s crude imports from Russia are expected to remain very strong before the November 21 wind-down deadline, according to global…
House panel worried over non-revision of national wage floors
Lawmakers on Thursday expressed disappointment in the Union Labour Ministry failing to revise the non-binding National Floor Level Minimum Wage…
RBI adopting cautious stance on crypto, stablecoins pose huge risk: Governor Malhotra
RBI Governor Sanjay Malhotra said that the Reserve Bank of India is adopting a cautious approach towards cryptocurrencies and stablecoins,…
CAG seeks greater uniformity in expenditure segregation
In a significant move to overhaul the country’s public expenditure classification framework, the Comptroller and Auditor General (CAG) has issued…
RE share in power generation to cross 35% by 2030: Icra
The share of power generation from renewable energy (RE) capacities, including large hydro, is expected to cross 35% by FY30…
Core sector growth flat in October, weakest in 14 months
The infrastructure sectors’ growth remained flat in October as four of the eight components of the Index of Eight Core…
Speculation about credibility of India’ economic data is unwarranted: Q&A with Saurabh Garg, secretary MoSPI
The revised series of key economic indicators – GDP, IIP and CPI— are slated to be unveiled in 2026. The…
Iran leads push for a crypto within the Shanghai Cooperation Organization
Iran is pitching the idea of creating a cryptocurrency to serve the member states of the Shanghai Cooperation Organization, a…
Wintermute urges SEC to exempt on-chain settlement from legacy rules
Over-the-counter (OTC) platform Wintermute Trading has urged US regulators to exempt dealers from existing rules when settling tokenized securities on…