US President Donald Trump will implement a series of reciprocal tariffs on what he refers to as “Liberation Day,” with an official announcement scheduled for 4 p.m. (local time) on Wednesday in the White House Rose Garden. These reciprocal tariffs are part of a broader set of import duties that President Trump has introduced since …
The Indian coal sector made significant development by surpassing cumulative production of 1 Billion Tonnes (BT) for the financial year 2024-25. This remarkable achievement has been backed by the relentless efforts of the Ministry of Coal to improve production, streamline dispatches, and bolster the nation’s energy security. Coal Production Cross I BT Mark After crossing …
The Sovereign Gold Bond (SGB) scheme, introduced in 2015, was a novel attempt by the Indian government to curb gold imports and reduce the country’s current account deficit. Over the years, the scheme attracted a significant number of investors seeking to benefit from gold price appreciation and regular interest income. However, what began as a strategic …
With the 8th Pay Commission set to take effect from January 1, 2026, a wave of concern has emerged among central government employees and pensioners. Speculations are rife that those retiring before this date may be deprived of key benefits. Government’s Clarification on 8th Pay Commission Benefits Finance Minister Nirmala Sitharaman promptly addressed the controversy …
Co-operative banks have long played a vital role in India’s financial inclusion story, especially in semi-urban and rural areas. However, their regulatory framework has often lagged behind that of commercial banks. Recognising this gap, the Government of India and the Reserve Bank of India (RBI) have introduced a slew of reforms over the last few …
In a significant achievement for India’s clean energy ambitions, the Ministry of New and Renewable Energy (MNRE) added 25 gigawatts (GW) of renewable energy capacity in the financial year 2024–25. This marks a 35% increase compared to the 18.57 GW added in FY 2023–24. The progress highlights India’s continued focus on sustainable energy under the …
Moody’s Investors Service has forecast that India will record the highest GDP growth among the advanced and emerging economies in the G20 group in the fiscal year 2026. The projected growth rate of 6.5% places India ahead of several other major economies. This momentum is largely fuelled by ongoing structural reforms, robust domestic demand, and …
The Reserve Bank of India (RBI) has announced fresh purchase auctions of government securities under its open market operations (OMO) to further stabilise liquidity in the banking system. The central bank will conduct these auctions in multiple phases, ensuring a systematic infusion of funds to support economic stability. Scheduled OMO Auctions for April The RBI …
India’s Goods and Services Tax (GST) collections for March 2025 surged to ₹1.96 lakh crore, reflecting a 9.9% increase compared to the same month last year. This growth highlights the rising economic activity across the country. The latest figures also mark a significant jump from February 2025’s GST collection of ₹1.62 lakh crore, which had …
The Coal India share price will remain in focus on Wednesday. This follows its announcement of a price hike for coal, effective from April 16, 2025. Non-coking coal will see an increase from ₹10 to ₹20 per ton. Meanwhile, the price for coking coal will rise by ₹10 per ton. This price change will apply …
