NPS remittance delays: Finance Ministry warns officials
NPS remittance delays are holding up pension money for some government workers. NPS remittance delays mean an office cuts pension…
Section
Category: Economy & Policy
Indian economy, trade, commodities and government policy.
RBI Bars Banks, NBFCs from Selling Stressed Assets Back to Defaulting Borrowers
The Reserve Bank of India (RBI) has barred banks, non-banking financial companies (NBFCs), and other regulated entities from selling acquired…
India’s Forex Reserves Rise $964 Million to $675.15 Billion: RBI
India’s foreign exchange reserves rose by $964 million to $675.15 billion during the week ended July 10, marking the second…
FCNR scheme could draw $70-80 billion from NRIs
Key takeaways FCNR scheme could bring in $70-80 billion from non-resident Indians, or NRIs. An FCNR scheme is a bank…
Brent oil price tops $85 as war fears shake markets
Brent oil price jumped above $85 a barrel after fresh US-Iran strikes stirred fears about oil supply. Brent oil price…
China oil demand slowdown: why it matters worldwide
China oil demand slowdown is the big shift behind a softer global oil market. China oil demand slowdown means the…
India to Open Thorium Sector to Private Firms
India may open its thorium sector to private firms to boost nuclear power and reach 100 GW capacity by 2047…
Iran War Costs U.S. Taxpayers an Estimated $113.3 Billion in 108 Days
The Iran war has cost US taxpayers an estimated $113.3 billion in 108 days, about $1.05 billion a day, independent…
Indian Govt Approves ₹62,500 Crore for Mobile Phone Manufacturing Scheme
The Union Cabinet has approved the Mobile Phone Manufacturing Scheme (MPMS) with a ₹62,500 crore outlay to accelerate domestic smartphone…
Asian LNG Prices Hit Highest Since March After 10% Weekly Surge
Asian spot liquefied natural gas (LNG) prices have climbed to their highest level since March, rising around 10% over the…