Search For "domestic economy"
MSME sector displayed remarkable resilience in recent years, says SBI grou
Updated : 1 month ago IST
Speaking at the India SME Finance and Summit, Soumya Kanti Ghosh said this growth highlights the sector's increasing significance, with its share rising to 27.3 per cent in 2021, reflecting remarkable resilience in the domestic economy.
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Budget measures will have moderately positive impact on FMCG sector: SBI r
Updated : 1 month, 1 week ago IST
The Union Budget 2026 is expected to have an overall moderately positive impact on the fast-moving consumer goods (FMCG) sector in the domestic economy, according to a report by State Bank of India.
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Union Budget 2026: Passengers hope for tax relief, better rail services
Updated : 1 month, 1 week ago IST
One passenger said he had high hopes for the Budget, praising last year's exercise in which income tax slabs were revised. He said the Budget holds added significance amid the changing global order, as India is emerging as a soft power and strengthening its international relations.
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Economic Survey 2025-26: Industry applauds macro-stability, growth outlook
Updated : 1 month, 2 weeks ago IST
Industry leaders and economic experts on Thursday welcomed the Economic Survey 2025-26, describing it as a pragmatic assessment of India's macroeconomic stability. The Survey projects a real GDP growth of 6.8-7.2 per cent for the 2026-27 financial year, underscoring the resilience of the dom
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Budget likely to be inward-looking amid global uncertainty: Ashika Group C
Updated : 1 month, 2 weeks ago IST
Speaking with ANI on the expectations from the Union Budget 2026, Arora said, "From a duty standpoint, there could be some tweaking that happens on the customs duty. We may have to make concessions on goods coming in from the United States and provide concessions as well. So there will be
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Consumption likely to lead India's growth in 2026 as capex remains subdued
Updated : 2 months, 1 week ago IST
Consumption in India's domestic economy is expected to continue outpacing capital expenditure (capex) in 2026, supported by a fiscal policy pivot towards consumption and a revival in credit, even as corporate investment sentiment remains cautious, according to a report by Nuvama.
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RBI discusses global, domestic economic situation, challenges at board mee
Updated : 2 months, 3 weeks ago IST
"The Board approved the risk-based deposit insurance framework for banks and also reviewed the activities of select Central Office Departments and the draft Report on Trend and Progress of Banking in India, 2024-25," RBI said in a statement.
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Rupee depreciation will not raise CPI inflation due to low food imports: B
Updated : 3 months, 1 week ago IST
The recent depreciation in the Indian Rupee is unlikely to have any significant impact on CPI inflation in the country, as India has a low dependence on imports for food products, highlighted a report by Bank of Baroda.
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US Commission flags rising overcapacity, says China fueling new wave of du
Updated : 3 months, 3 weeks ago IST
China's economic challenges are reshaping global trade dynamics, with Beijing increasingly relying on manufacturing and exports to compensate for a sluggish domestic economy, noted the US-China Economic and Security Review Commission's 2025 Report to Congress.
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Public health of Indians at risk due to substandard imports of PVC resin f
Updated : 4 months ago IST
A new report by the Centre for Domestic Economy Policy Research (C-DEP.in) has warned that India's public health faces a serious threat from the large-scale import of poor-quality PVC resin containing cancer-causing chemicals. The report says that imported PVC from China contains high levels
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Slowdown in India's industrial output in H1FY26 will be offset in H2FY26 b
Updated : 4 months, 2 weeks ago IST
The slowdown in India's industrial output during the first half of the financial year 2025-26 (H1FY26) is expected to be offset by the Goods and Services Tax (GST) rationalisation, early arrival of the festive season, and lower inflation, according to a report by Bank of Baroda.
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Indian banks are poised for growth amid global uncertainty: S&P Global Rat
Updated : 5 months, 1 week ago IST
India's banking sector is set for a phase of steady expansion even as global economic uncertainties and cautious lending temper the outlook, according to S&P Global Ratings. Credit growth is expected to recover to between 11.5 per cent and 12.5 per cent over the next two fiscal years, driven
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