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PMI data: India's manufacturing growth falls in December on slower growth in output and new export orders

New Delhi, Jan. 2 -- India's manufacturing purchasing managers' index (PMI) fell to 55.0 in December from 56.6 in November, marking the weakest improvement in the health of the sector in two years. Th... Read More


With an aim to boost NPS, regulator allows banks to set up own pension funds

New Delhi, Jan. 1 -- In a move that could materially widen access to pension products, the Pension Fund Regulatory and Development Authority (PFRDA) board has given an in-principle nod to allow schedu... Read More


Govt keeps small savings interest rates unchanged for the March quarter

New Delhi, Dec. 31 -- The Centre has kept interest rates on popular small savings schemes such as the Public Provident Fund (PPF) and the National Savings Certificate (NSC) unchanged for the January-M... Read More


India pips Japan to become world's fourth largest economy, says govt

New Delhi, Dec. 30 -- India has pipped Japan to become world's fourth-largest economy with a size of $4.18 trillion, the government said in its year-end economic update. Backed by robust fundamentals,... Read More


India set to enter 2026 on a strong economic footing, says govt

New Delhi, Dec. 30 -- India is set to enter 2026 on a strong economic footing, supported by favourable agricultural prospects, benign inflation, the sustained impact of goods and services tax (GST) ra... Read More


Government to provide land at near zero cost to shipyards investing in shipbuilding and repair facilities in India

New Delhi, Dec. 30 -- Shipyards investing in new building and repair facilities in specified industrial corridors may get land for nearly free, as the Centre looks to encourage the industry in India's... Read More


Budget 2026: To ease infra funding crunch, govt mulls Rs.25,000 crore risk guarantee fund

New Delhi, Dec. 29 -- India's infrastructure sector may soon get a Rs.25,000 crore safety net, as the Union Budget for FY26 could unveil a risk guarantee fund designed to ease financing bottlenecks an... Read More


Budget 2026: Rail safety outlay likely to top Rs.1.3 trillion amid scrutiny on accidents

New Delhi, Dec. 24 -- As scrutiny over train accidents mounts, the Centre is considering its biggest-ever outlay on rail safety, with allocations likely to cross Rs.1.3 trillion in FY27, according to ... Read More


Record Rs.1.3 lakh cr safety net on cards for railways

NEW DELHI, Dec. 24 -- As scrutiny over train accidents mounts, the Centre is considering its biggest-ever outlay on rail safety, with allocations likely to cross Rs.1.3 lakh crore in fiscal year 2027 ... Read More


Financial services pact to boost India-New Zealand banking, insurance ties

New Delhi, Dec. 23 -- India and New Zealand have pledged deeper cooperation in banking and insurance under their free trade agreement (FTA). They have committed to market access and national treatment... Read More