NEW DELHI: The government is planning to bring a few amendments to the Special Economic Zones (SEZ) Act 2005 in the winter session of Parliament, with a view to giving more operational flexibility to units in these tax-free enclaves, especially when it co...

NEW DELHI: The sharp fall being recorded in core inflation, as per the Consumer Price Index, is largely a result of a decline in the inflation rate of services components, which were earlier at high levels, data analysed by FE showed. In October, core inf...

MUMBAI: Retail inflation has moderated due to monetary policy action and supply side interventions but the Indian economy is still ‘not out of the woods yet and have miles to go’, said the Reserve Bank of India’s (RBI) monthly bulletin on Thursday. “We ar...

MUMBAI: After cautioning banks and non-banking financial companies (NBFCs) on surging unsecured loans like personal loans and those on the credit card, the Reserve Bank of India (RBI) on Thursday increased the risk weighting for such loans from 100 per ce...

NEW DELHI: India’s economic growth prospects remain robust over the medium term, with its gross domestic product (GDP) expected to grow between 6 per cent and 7.1 percent annually in 2023-24 (FY24) through 2025-26, S&P Global said in its latest report...

Senior Congress leader P Chidambaram has apologised for the loss of lives during the Telangana statehood agitation, drawing sharp reactions from the ruling BRS. Speaking to media persons in Hyderabad on Thursday, the former Union Minister also said creati...

Congress leader Sachin Pilot on Thursday said Congress will return to power in Rajasthan after the assembly elections and highlighted that the BJP has no blueprint for the state, which will go to polls on November 25. Speaking at News18 Rajasthan’s Agenda...

After the Muslim League and the CPI(M), the Congress is set to organise a massive pro-Palestine rally in the north Kerala city of Kozhikode next week. The Congress said that it is the only political party capable of rectifying the pro-Israel stance adopte...

Maharashtra Deputy Chief Minister Devendra Fadnavis has cleared the air about him contesting the Lok Sabha polls, while having an informal interaction with media at his residence on Thursday. Fadnavis said he will only be contesting the state assembly pol...

MUMBAI: The Insurance Regulatory and Development Authority of India (Irdai) has released an exposure draft on the Expenses of Management (EoM) including a commission for both life and non-life insurance companies, based on the recommendation from the Regu...

NEW DELHI: Key global indicators used by the World Bank (WB) to rank the governance of countries are based on subjective opinions by expert institutions which don’t know the context of member countries, Chief Economic Advisor (CEA) V Nageswaran has said....

NEW DELHI: With 35 million jobs worldwide, clean energy has exceeded the number of jobs available in the traditional fossil fuel sector (32 million) for the first time in 2021, as indicated by a global report from the International Energy Agency. Released...

NEW DELHI: India’s merchandise exports rose 6.21% year-on-year to $33.57 billion in October, while the trade deficit swelled to a record as imports surged, buoyed by strong consumer spending ahead of the festival season. Gold imports almost doubled. The g...

MUMBAI: Indian lenders will now insist that a negative lien is created on the assets underlying personal guarantees given by promoters of companies raising bank loans, said people at advisory firms. The move is aimed at preventing them from transferring t...

In the campaign trail in poll-bound Rajasthan, AIMIM president Asaduddin Owaisi yet again hit out at the Congress party for calling him the vote-cutter and B-team of BJP. “If they have any proof against me, they should just put it out. All this conversati...