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Banks shouldn't chase credit growth at cost of stability: secretary Nagaraju

New Delhi, March 28 -- Indian banks should avoid chasing credit growth at the expense of financial stability, the Department of Financial Services (DFS) secretary M. Nagaraju said on Friday, flagging ... Read More


India calls for Inclusive WTO reforms at MC14

New Delhi, March 26 -- Union commerce minister Piyush Goyal on Thursday urged comprehensive and inclusive reforms of the World Trade Organization (WTO), emphasizing the need to prioritize development,... Read More


S&P raises India's FY27 growth forecast to 7.1%

New Delhi, March 26 -- Global credit rating agency S&P Global raised India's GDP growth forecast for the financial year 2026-27 by 40 basis points to 7.1% on Wednesday, signalling confidence in the co... Read More


India's coffee, tea exports climb on global demand for premium products

NEW DELHI, March 26 -- India is strengthening its position in global coffee and tea markets, driven by rising demand for value-added products such as instant coffee and packaged teas. Between April a... Read More


India to push trade, WTO reforms, and food security at MC14

New Delhi, March 25 -- India will push for a development-focused overhaul of global trade rules, along with progress on e-commerce, fisheries subsidies, and agriculture, at the World Trade Organizatio... Read More


S&P Global raises India's FY27 growth forecast to 7.1%, signals strong medium-term economic momentum

New Delhi, March 25 -- Global credit rating agency S&P Global raised India's GDP growth forecast for the financial year 2026-27 by 40 basis points to 7.1% on Wednesday, signalling confidence in the co... Read More


Centre moves to curb bank fraud; calls high-level meeting with CBI, banks to discuss mule accounts, delays

NEW DELHI, March 24 -- The Centre has called a high-level meeting of the Central Bureau of Investigation, the Department of Financial Services and public sector banks on Wednesday to devise ways to cu... Read More


No proposal for merger of PSBs currently: Finmin

New Delhi, March 24 -- The finance ministry on Monday said there is no proposal at present to merge or consolidate public sector banks, even as it noted that past amalgamations have helped create larg... Read More


Mint Explainer | Will the credit guarantee scheme 2.0 fix microfinance's funding freeze?

New Delhi, March 23 -- The government has launched a Rs.20,000 crore credit guarantee scheme for microfinance institutions to revive lending in the microfinance sector, which has been hit by a prolong... Read More


Govt restores full tax refund benefits to support exporters

New Delhi, March 23 -- The government on Monday restored the full benefits of the tax refund scheme for exporters facing business disruption from the war in West Asia and tariffs. The Director Genera... Read More