Business News

Subscribe to Business News feed Business News
Economy News: Stay informed on the latest economy news with Business Standard. Get real-time insights on dynamic GDP growth, Government Policies and global market trends.
Updated: 39 min 51 sec ago

India's Jan Russian crude imports surge despite sanctions, but risks loom

Fri, 01/31/2025 - 04:51
US crude oil shipments surged fourfold in January to 296,000 bpd, making up 6% of India's imports, as the US urged New Delhi to boost purchases amid looming Russian supply shortfalls

Congress says Modi govt leading India into 'middle-income trap': What is it?

Fri, 01/31/2025 - 04:29
In its Real State of the Economy report, Congress has accused the Centre of steering India toward a 'middle-income trap.' Here's what it means

Eco Survey: Amid rising 'protectionism', India needs new strategic roadmap

Fri, 01/31/2025 - 04:21
The Survey also suggested that India should shift focus from merely wooing FDI to making itself more attractive for foreign investors through structural improvements.

Indian economy expected to grow 6.3-6.8% in 2025-26: Economic Survey

Fri, 01/31/2025 - 03:03
Budget 2025: GDP projections in line with international agencies including International Monetary Fund (IMF), Asian Development Bank (ADB), and World Bank

RBI to cut rates to 6.25% in Feb, followed by one more cut next qtr: Poll

Thu, 01/30/2025 - 22:28
In its Feb 1 budget, the government is not expected to increase infrastructure spending, a main driver of growth in past years, leaving the onus on the RBI to revive the $4 trillion economy

NDA's policies marching India forward into the middle income trap: Congress

Thu, 01/30/2025 - 11:40
Congress leader P Chidambaram released the report prepared by the party's Research Department, which former Rajya Sabha M V Rajeev Gowda heads

Wishlist for Budget 2025: Strengthening foundations for sustained growth

Thu, 01/30/2025 - 11:02
The Union Budget 2025 will be presented in the Parliament by Finance Minister Nirmala Sitharaman in a 'red bahikhata' on Saturday, 1st February

IBBI amends standards for info utilities rules to enhance verification

Thu, 01/30/2025 - 10:37
Stricter norms have been put in place for information utilities under the insolvency law to enhance identity verification and streamline the authentication process for financial default records. The Insolvency and Bankruptcy Board of India (IBBI) has amended the guidelines for technical standards governing information utilities, which acts as a repository of financial records related to insolvency proceedings. Amending the guidelines, IBBI on Wednesday said the changes streamline the filing and verification of financial default records by introducing stronger user authentication procedures. "For establishing user's identity during user registration process, IU (Information Utilities) to make use of the facility of demographic authentication of user from UIDAI database. For this purpose, IU shall obtain a Sub - Authentication User Agency (AUA) license from UIDAI," it added. Further, to enhance data integrity, the framework mandates the use of a Permanent Account Number (PAN) or any

India's demographic edge: A key to addressing global healthcare crisis

Thu, 01/30/2025 - 09:41
The global healthcare sector is grappling with a severe shortage of skilled professionals, driven by aging populations and escalating healthcare demand

US economy in Q4 slows to 2.3%, robust spending keeps rate cut hopes alive

Thu, 01/30/2025 - 09:31
Gross domestic product increased at a 2.3 per cent annualized rate last quarter after accelerating at a 3.1 per cent pace in the July-September quarter

Despite foreign money exodus, fund managers in Davos see India appeal

Thu, 01/30/2025 - 09:20
Foreign portfolio investors have withdrawn more than $31 billion from Indian equity markets since October, provisional exchange data shows

UP receives Rs 1 trn investment proposals in hospitality sector in 2 years

Thu, 01/30/2025 - 08:30
Most of the investment is proposed in religious and spiritual centres such as Varanasi, Ayodhya and Prayagraj apart from traditional tourism hotspots like Lucknow, Agra, Kanpur, and Noida

Chhattisgarh to grab bigger piece of NMDC's Rs 70,000 cr capex pie

Thu, 01/30/2025 - 07:52
NMDC unveiled the plan at a vendor meet in Hyderabad on Tuesday. The company aims to bolster its production capacity to 100 million tonnes per annum

Companies in India not using IBC enough to resolve insolvency: IBBI chief

Thu, 01/30/2025 - 06:54
IBBI data suggests that the share of CIRPs initiated by corporate debtors or companies is declining over time

ARCs to see uptick in cumulative recovery rates in FY25 and 26: Crisil

Thu, 01/30/2025 - 06:51
Debt recast in thermal power, recoveries in realty to drive performance

Prices of rice exported from India steady at 18-month low on muted demand

Thu, 01/30/2025 - 06:34
India's 5% broken parboiled variety was quoted at $429-$435 per metric ton this week, unchanged from last week. Indian 5% broken white rice was quoted at $432 to $440 per ton this week

Govt approves Mutual Credit Guarantee scheme to strengthen MSME sector

Wed, 01/29/2025 - 11:16
Mutual Credit Guarantee scheme will provide 60% guarantee coverage for loans up to Rs 100 crore

Centre launches occupational shortage index to boost job opportunities

Wed, 01/29/2025 - 10:13
Additionally, the ministry launched the multilingual e-Shram microsite facility to ensure that unorganised workers have seamless access to both state and central government welfare programmes

Seattle consulate hosts forum to highlight India investment opportunities

Wed, 01/29/2025 - 09:43
A business forum organised in Seattle highlighted investment opportunities in India from the US Pacific Northwest in sectors such as Artificial Intelligence, agri-tech, healthcare, higher education and tourism and showcased items for possible exports from India into the Greater Seattle area. The first 'Invest India Business Forum' (IIBF) was organised Monday by the Consulate General of India in Seattle in partnership with Greater Seattle Partners and The Northwest Seaport Alliance at the Bell Harbour International Conference Centre. The business forum aimed to attract investments from the Pacific Northwest into key sectors, particularly in high-end technologies like AI, which is anticipated to contribute USD 500 billion to India's economy by 2025, a press release issued by the Indian Consulate in Seattle said. Presentations made during IIBF underscored Government of India's commitment to developing key sectors, its skilled workforce, digital infrastructure, and related GOI policies.

India considering lowering tariffs on some high-end products from US

Wed, 01/29/2025 - 07:29
The potential tariff cuts come just a day after US President Donald Trump criticised India, China, and Brazil for imposing high tariffs

Pages