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18 result(s) for “economy”

Business News · Nov 1, 2026

Government names Suresh N Patel to head high level banking reforms committee, signals major overhaul ahead

New Delhi on November 1, 2026: The finance ministry constituted a six member high level committee on banking to review regulations, consolidation and digital transformation, naming former Central Vigilance Commissioner Suresh N Patel as chair. The panel is charged with recommending structural and governance changes to make India’s banks more competitive internationally and to support lending for the next decade of growth.

Business News · Oct 22, 2026

RBI minutes show policy split as inflation risks keep rate hikes on the table

Minutes from the Reserve Bank of India’s October policy meeting show policymakers increasingly worried that inflation is broadening beyond food and fuel, prompting a shift to a calibrated tightening stance and leaving the door open for further rate increases. The deliberations reveal trade offs for growth, markets and borrowers as India navigates an oil-driven inflation shock and a resilient economy.

Business News · Oct 15, 2026

Jio Platforms files final prospectus, sets India’s largest IPO for October 21 - 23

Jio Platforms filed its red herring prospectus on October 15, 2026, formally launching what is set to be India’s biggest initial public offering, with a price band of ₹1,065 to ₹1,119 and an expected raise of about ₹30,200 crore. The move is poised to reshape local capital markets and tests investor appetite for a large technology and telecom conglomerate.

Companies & Startups · Oct 14, 2026

Google.org commits $15 million to The/Nudge to build AI tools for India’s MSMEs

Google.org has pledged a $15 million programme with Indian action institute The/Nudge to develop AI toolkits, market access and credit-readiness solutions for micro, small and medium enterprises, a move that could reshape digital inclusion for millions of informal and small businesses across India.

Business News · Oct 12, 2026

India moves to extend e-invoicing to imported services and purchases from unregistered suppliers, raising compliance stakes for mid sized firms

The GST Council has recommended expanding mandatory e-invoicing to cover reverse charge purchases from unregistered sellers and imports of services for taxpayers with turnover above Rs 5 crore, a change that will force firms to update accounting flows and could improve tax transparency while raising short term compliance costs.

Business News · Oct 9, 2026

Rupee Firms After Early RBI Intervention as Oil Retreat Eases Pressure on Currency

The Indian rupee gained modestly on October 9, 2026 after early intervention by the Reserve Bank of India and a drop in oil prices. Traders said the central bank sold dollars to cap depreciation, a move that should limit imported inflation risks but leaves longer term pressure from global risks and capital outflows unresolved.