Business Standard

His remarks come amid a debate over whether Tata Sons, the holding company of India's largest conglomerate Tata group, is required to go public

Net FDI inflows increased from $9.6 billion a year ago, supported by higher gross inward investment and a slowdown in outward FDI, according to Reserve Bank of India data

The RBI has revised operational risk capital norms for banks, covering income classification, derivative valuations and historical loss data, with the new rules effective April 1, 2027

Currency in circulation rose 13.5% YoY to 43.46 trillion in October, while reserve money grew 10.3%, supported by FCNR(B) inflows and RBI liquidity measures

Outward remittances under the RBI's Liberalised Remittance Scheme rose 3.6% YoY to $2.74 billion in August, driven by overseas investments, while education spending fell

The RBI has revised leverage ratio norms for banks, setting minimum requirements of 4 per cent for D-SIBs and 3.5 per cent for others, with new rules effective April 1, 2027

Indian government bond yields rose for a tenth straight week as elevated crude prices and US yields weighed on sentiment, while forex reserves fell $65 billion over six weeks

The RBI's net dollar purchases more than doubled to $43.26 billion in August, while its outstanding net short position in the forward market climbed to a record $200.06 billion

The NSO plans a separate sampling stratum for digital platform workers and new questions on unpaid household work, caregiving and labour underutilisation in the PLFS from 2027

India's forex reserves dropped by USD 5.011 billion to USD 721.016 billion during the week ended October 16, the Reserve Bank of India said on Friday. In the previous reporting week, the kitty declined by USD 8.578 billion to USD 726.027 billion. The reserves touched an all-time high of USD 785.706 billion for the week ended September 4, driven by heavy greenback inflow as part of a special concessional swap for deposits from the diaspora through which banks raised a record nearly USD 133 billio

The policy is directed mainly at milk processing and value addition rather than conventional dairy farming alone

SBI Research says the RBI's 2.5 trillion liquidity injection amid calibrated monetary tightening sends contradictory signals and could complicate monetary policy transmission

The government will share the cost of high-risk deepwater oil and gas exploration with energy companies under the Rs 84,084-crore Samudra Manthan scheme, offering to pay part of the cost of risky exploration wells, fund seismic mapping of offshore basins and help build shared production facilities. The Ministry of Petroleum and Natural Gas issued operational guidelines for the Samudra Manthan programme, which aims to improve the economics of exploring India's deepwater and ultra-deepwater basins

Adani Total Gas Ltd, a city gas distributor supplying CNG and piped natural gas across cities in states, including Gujarat and Uttar Pradesh, has raised Compressed Natural Gas (CNG) prices by Rs 4.45 per kg, citing higher procurement costs driven by surging international Liquefied Natural Gas (LNG) prices, reduced domestic gas availability and upstream supply curtailments. CNG at ATGL outlets in Ahmedabad now costs Rs 98.47 per kg, while it is priced at Rs 102.60 per kg in Faridabad, Haryana and

State-owned Oil India Ltd. (OIL) on Friday said it has made a natural gas discovery in a shallow-water Krishna Godavari basin block that the firm had won in recent Discovered Small Field (DSF) bid rounds. The discovery was made in the previously unappraised Matsyapuri formation in the Krishna-Godavari Basin off India's east coast, recording a peak test flow of 200,000 Standard Cubic Metres Per Day (SCMD), the state-run explorer said in a statement. The discovery was made in the Godavari-1 apprai

Brent climbed back above $113 a barrel after a deadly drone strike on Saudi Aramco's Shaybah field, highlights Mohammed Imran of Mirae Asset Sharekhan.

The composite output index rose to 56.7 from 55.9 in September, while services activity strengthened and export orders recorded their fastest rise in six months

The rupee traded in a narrow range and edged up 3 paise to 94.78 against the US dollar in early trade on Friday amid elevated crude oil prices and foreign fund outflows. Forex traders said rupee is under pressure amid persistent macroeconomic headwinds, including global dollar strength and Brent crude prices hovering near USD 113 per barrel. At the interbank foreign exchange market, the rupee opened at 94.78, registering a gain of 3 paise over its previous close. On Thursday, the rupee closed at

Refiners say record freight rates and crude quality make US barrels less attractive, while discounted Venezuelan oil offers better economics but remains supply-constrained

Fresh import permits are set to ease India's silver supply constraints and premiums ahead of Diwali, though demand is expected to trail last year's levels

Commerce Minister Piyush Goyal said the India-EU trade pact would be signed by the end of 2026, while warning that European regulations and tariffs could hurt trade

A government official said designing old-age protection for gig and platform workers remains a challenge, particularly over mandatory contributions and pension scheme structures.

Indian Bank has raised rates on its 555-day Ind Grow and 777-day Ind Prosper deposit schemes by 15 basis points each, following the RBI's October repo rate increase.

The new RCM-DOM and RCM-IMP categories will allow eligible businesses to generate e-invoices for specified domestic purchases and imported services under reverse charge rules

The simplified GST registration facility will allow small e-commerce sellers to expand across states without setting up physical offices, with detailed notifications expected soon

The rupee weakened to 94.83 against the dollar after eight sessions of gains as rising crude oil prices and dollar buying offset foreign inflows linked to the Jio Platforms IPO

India has permitted imports of around 6,500 metric tons of silver over six months despite weak domestic demand, a move expected to ease local premiums while supporting global prices.

Rajasthan's Commercial Tax Department has intensified its drive against GST evasion, detecting potential tax irregularities of 2.85 crore across 10 business establishments.

Domestic production of gasification-linked products could reduce imports of natural gas, urea, ammonia and methanol while supporting new industrial clusters and jobs

India's West Asia crude imports rose to 2.8 mn barrels per day in September, accounting for 54% of purchases, while Russian oil imports fell 14% month-on-month to 1.8 million bpd, ship data showed

The policy superseded the startup-related provisions of the Uttar Pradesh IT and Startup Policy, 2016 and the Uttar Pradesh IT and Startup Policy, 2017-22

US Secretary of State Marco Rubio toured Reliance's Jamnagar refinery and discussed energy supplies, technology, data centres and potential commercial partnerships with Mukesh Ambani.

The rupee strengthened to 94.47 per dollar, its strongest level in six weeks, supported by foreign inflows linked to Jio Platforms' IPO and recent RBI measures to curb dollar demand

The RBI rejected all bids at the Rs 23,000 crore Treasury bill auction as short-term yields climbed, while the benchmark 10-year government bond yield rose to 7.44%.

A sharp rebound in coal, higher iron ore output and strong refinery growth lifted core sector expansion to 7.9% in September, even as three of the nine industries contracted.

The agreement will enable advance electronic exchange of origin data, improve customs cooperation and help businesses access tariff concessions under the India-New Zealand FTA

Sustaining economic growth of 7 per cent or more will require stronger private investment, labour-intensive manufacturing, better human capital and deeper integration into global value chains, former RBI Governor D Subbarao has said. Subbarao also said that the challenge is not merely to grow fast, but to make growth productive, employment-intensive and resilient. India's 7.8 per cent growth in the first quarter suggests that the economy is more resilient than many expected...I am optimistic abo

Indian refiners traditionally relied on the West Asia for more than half of their annual crude supplies, particularly heavier, high-sulphur grades, because of the region's proximity

Indian banks and non-bank lenders have rushed to lend to consumers against their gold holdings as they consider these loans more secure

The rupee appreciated 29 paise to 94.62 against the US dollar in early trade on Wednesday, supported by positive sentiments in the domestic market and support from the RBI. Besides, the rupee got a boost from the foreign dollar inflows tied to the Jio IPO, which opened for public subscription on Wednesday, according to analysts. However, elevated crude oil prices and a firm US dollar capped the gains. At the interbank foreign exchange market, the rupee opened stronger at 94.78, and then gained f

Online spending across the region will rise about 17% this year to $368 billion, a report from Google, Temasek Holdings Pte and Bain & Co. showed

Manufacturing and mining goods lead the increase, though prices remain below the FY23 base-year level

The new Form 173A requires eligible foreign investors and BIS to disclose security holdings, interest income and capital gains to claim exemptions under the Income-tax Act, 2025

Retail sugar inflation reached 29.80% nationally in September, its highest level in the new CPI series, while wholesale inflation eased to 12.72% from 16.29% in August

US Secretary of State Marco Rubio on Tuesday described India as a refining superpower, adding that the US delegation will discuss with Reliance about producing oil in Venezuela. Asked what role India can play in meeting the world's energy demand, Rubio, who arrived in Mumbai this afternoon on a three-day India visit, said, India is a refining superpower. They have the capability to refine heavy crude. They've done so in the past, and I think as more and more Venezuelan oil comes online, it's som

The India-New Zealand FTA brings duty-free access for Indian exports and lower duties on selected New Zealand imports. Here is all that changes from today

The policy covers a broad textile value chain, from sericulture, spinning, weaving and knitting to processing, garment manufacturing, technical textiles and common infrastructure

The proposed central scheme aims to bridge the 25-30% higher cost of AgriPV projects, with capacity addition depending on states notifying feed-in tariffs, says MNRE Secretary

The first shipment, a Maharashtra-made JCB mini excavator, marks the start of zero-duty access for Indian engineering goods as both nations aim to double bilateral trade by 2030.

The policy is the state government's principal investment and development framework for tourism and hospitality projects