Economy News ( English version)

The Reserve Bank of India's Monetary Policy Committee (MPC), headed by Governor Shaktikanta Das, has started its three-day meeting. Experts predict that the MPC will maintain the current interest rates due to elevated inflation and global factors. Retail and corporate borrowers can expect stability in interest rates if there is no change. Despite expect […]

The Union Cabinet on Wednesday approved the proposal for promulgation of The Andaman and Nicobar Islands Tenancy Regulation, 2023, The Dadra and Nagar Haveli and Daman and Diu Tenancy Regulation, 2023, and The Lakshadweep Tenancy Regulation, 2023. The decision will help in creating a transparent ecosystem for tenants.

The Indian government has established a National Turmeric Board aimed at increasing awareness about turmeric and boosting exports. The board will provide leadership on turmeric-related matters and coordinate with other government agencies to develop the sector. India currently dominates the global turmeric market, accounting for over 62% of the world's […]

The government has increased the LPG subsidy for Pradhan Mantri Ujjwala Yojana beneficiaries from Rs 200 to Rs 300 per cylinder. This comes after the Union Cabinet approved an additional 75 lakh LPG connections for women under the Ujjwala scheme. The first refill and stove will also be provided free of cost to beneficiaries. This move follows the recent deci […]

Around 85% of road projects in India are expected to be completed by the end of this fiscal year, according to Anurag Jain, Road Transport and Highways secretary. The government's efforts to expedite clearances and resolve issues have led to improved monitoring and faster project implementation. Jain highlighted the use of monitoring mechanisms, environ […]