Mumbai: RBI Governor Sanjay Malhotra will announce the bi-monthly monetary policy on Friday amid mixed expectations of a 25 basis points rate cut as well as the possibility of the central bank opting for status quo. Reserve Bank’s rate-setting panel — Monetary Policy Committee (MPC) — started its three-day deliberation on the next set of…
New Delhi: The national database of the informal sector workforce, e-Shram portal, has 31.38 crore registered unorganised workers, Parliament was informed on Thursday. The Ministry of Labour and Employment launched the e-Shram portal (eshram.gov.in) on 26th August 2021 for the creation of a comprehensive National Database of Unorganised Workers (NDUW) seeded with Aadhaar. The e-Shram…
New Delhi: Union Minister Nitin Gadkari on Thursday said the current system of toll collection will come to an end within a year, replaced by an electronic system that will ensure a seamless experience for motorists on highways. The new system has been rolled out in 10 places and will be extended across the country…
Mumbai: Pilots’ body Federation of Indian Pilots (FIP) has alleged that IndiGo, despite getting a two-year preparatory window before the full implementation of new flight duty and rest period norms for cockpit crew, “inexplicably” adopted a “hiring freeze.” FIP said it has urged the safety regulator, DGCA, not to approve airlines’ seasonal flight schedules unless…
New Delhi: Fitch Ratings on Thursday raised India’s GDP growth forecast for the current fiscal to 7.4 per cent, from 6.9 per cent, on increased consumer spending and improved sentiment boosted by GST reforms. It said falling inflation gives the Reserve Bank of India (RBI) room for one more policy rate cut in December to…
New Delhi: A sliding rupee is not a weak rupee even as it breaches the psychological barrier of 90 per US dollar, but it is expected to recover with a trade deal likely to be completed before March 2026, a report said. Russian President Vladimir Putin will visit India this week for a summit with…
Kathmandu: Nepal is holding discussions with India on supplying aviation fuel through the cross-border petroleum pipeline to Nepal, officials said. Officials from the two countries are set to hold a meeting next week in New Delhi, said an official at the Ministry of Commerce and Industry. The Nepal government approved the participation of a Nepali…
New Delhi: European Union Ambassador to India Herve Delphin on Wednesday said that there is “strong political commitment” from both sides to conclude the revamped India-EU Free Trade Agreement by the end of 2025. “Of the 23 chapters under discussion, 11 have already been closed. Important chapters still under negotiation include market access for cars,…
China-Japan tensions, regional power balance and India’s strategic challenges The Taiwan issue has now become central to Japan’s security strategy and foreign policy, straining China-Japan relations and directly impacting India’s Indo-Pacific interests. The Taiwan issue is at the center of growing tensions between Japan and China, which has reshaped the balance of power in the…
New Delhi: Facing significant operational disruptions, the country’s largest airline, IndiGo on Wednesday said it has initiated “calibrated adjustments” to its schedule for the next 48 hours in order to normalise the operations. The carrier, which operates around 2,300 flights daily, will be cancelling and rescheduling flights as part of the adjustments for the next…
