Economy News


India’s inflation woes are not over yet but food price spikes may be “transitory”, the Finance Ministry said, attributing the latest spike in headline inflation to global uncertainties triggered by the termination of the Black Sea Grain Initiative that has upset wheat and edible oil supplies, as well as disruptions in domestic farm output.

posted by 23rd Aug 2023

Pulses Price

Tomato prices may be cooling from recent highs, but pulses could play the next spoilsport in the battle against inflation, with a below-par monsoon in August dragging down the sown area for pulses in the Kharif season by almost 10% from a year ago.

posted by 21st Aug 2023

Index of Eight Core Industries

The combined Index of Eight Core Industries (ICI) increased by 8.2 per cent (provisional) in June 2023 as compared to the Index of June 2022.

posted by 31st Jul 2023

Tokenised card transaction

The new credit and debit card tokenization rules from the Reserve Bank of India (RBI) will be in effect as of October 1.

posted by V.P.Nimbalkar 2nd Oct 2022

Draft Telecom Bill

The Indian Telecommunication Bill, 2022, a draft that the Union government released, contains several significant revisions. These modifications include clauses that exempt financially troubled operators from paying fees and include over-the-top services like Netflix, WhatsApp, and Zoom in the definition of telecom services.

posted by V.P.Nimbalkar 23rd Sep 2022