With inflation comfortably below the Reserve Bank of India's (RBI's) 4 per cent median target and likely to undershoot its 3.7 per cent projection for 2025-26 (FY26), there is room for the monetary policy easing cycle to be sustained, the Finance Ministry said on Monday. The comments, featured in the ministry's Monthly Economic Review for June 2025, assume significance ahead of the Monetary Policy Committee (MPC) meeting of the Reserve Bank of India (RBI) scheduled to begin from August 5.
Canadian Prime Minister Mark Carney on Tuesday warned that the world is witnessing a fundamental 'rupture' in the global order rather than a gradual transition, cautioning against weaponising trade, finance, and supply chains.
Prime Minister Manmohan Singh hailed the Union Budget 2009-10, which was presented by Finance Minister Pranab Mukherjee on the floor of the Parliament on Monday.
Trading pattern in the stock market this week will largely depend on the ongoing Q3 earnings announcement from corporates, global trends, and foreign fund movement, analysts said. Moreover, geopolitical developments and any update on trade negotiations would also be keenly tracked by investors, experts noted.
The Bill is likely to pave the way for amending two existing legislations -- the Atomic Energy Act 1962, and the Civil Liability for Nuclear Damage Act 2010.
Finance Minister Pranab Mukherjee seems to have stuck to increasing income for the government as the sole focus of the Budget 2010. The key problem faced by people -- inflation has been thrown out of the window of consideration.
Here is the entire text of the Finance Minister Pranab Mukherjee's Budget Speech:
The new government would assume charge with swearing-in of Prime Minister designate Narendra Modi and members of his Cabinet on May 26.
'Maybe he was wrong, but they believed he genuinely meant what he said.'
My recommended recipe is for the next government to sell its entire stake in all the public sector banks immediately upon taking office
The Delhi High Court has directed the GST Council to consider lowering or abolishing the goods and services tax on air purifiers, citing worsening air quality in the national capital. The court has asked the council to meet at the earliest, even via video conference if necessary, to address the issue.
India, the world's fourth largest economy, is set to maintain the 'goldilocks' phase with tailwinds of good growth, low inflation and robust banking performance as well as reform initiatives poised to sustain the economic pace witnessed during 2025.
Soon after Union Finance Minister P Chidambaram presented the Union Budget 2013 in Parliament, Trinamool Congress leader and former Railway Minister Dinesh Trivedi joined us for the Budget chat.
Finance Ministers play a key role in shaping the economy of a country.
Speculation intensifies regarding a potential political shake-up in Jharkhand's ruling coalition, fueled by strained relations between JMM, RJD, and Congress, and Chief Minister Hemant Soren's Delhi visits. Both JMM and Congress have denied the claims.
Union Finance Minister Pranab Mukherjee said on Tuesday that there are no reliable estimates of black money generated by Indians within and outside the country, but it is estimated at being between Rs 500 billion and Rs 1,400 billion.
A Delhi court refused Union Finance Minister Nirmala Sitharaman's request to prevent AAP leader Somnath Bharti from representing his wife in a defamation case filed against Sitharaman.
The armed forces are quite happy with the attention paid to their concerns, reports R S Chauhan.
Optimistic of 7-7.5 per cent economic growth in 2005-06, Finance Minister P Chidambaram on Wednesday said the government will not hesitate to take fiscal measures to check inflation while keeping deficit on a leash.
Finance Minister Arun Jaitley to discuss state-level issues before finalising GST.
The Punjab Congress has suspended Navjot Kaur Sidhu from its primary membership after she made a controversial remark about the chief minister's chair costing Rs 500 crore.
Even if D K Shivakumar wanted to oust Siddaramaiah, whose support would he take?
The shrewd politician that he is, Siddaramaiah figured his rival had no option but to lump it, points out Aditi Phadnis.
Finance Minister Nirmala Sitharaman on Thursday said the government cannot restrain retailers from trading in Futures and Options (F&O) but will definitely create awareness regarding the risks involved in putting money in such instruments.
Pranab Mukherjee, who has been selected as the UPA's Presidential nominee, will resign on Sunday as the Union finance minister.
'Each state is unique, but when it comes to finance, the fundamentals cannot be different.'
Russian President Vladimir Putin attended dinner hosted in his honour by President Droupadi Murmu at Rashtrapati Bhavan on Friday evening.
In a recent public appearance, Mr Chidambaram was quite candid in saying that UPA-II misread the signals from its electoral performance in 2009.
With less than six months left for this financial year and poor response from applicants, launching the scheme this year is unlikely.
The Election Commission released the names of deleted voters in West Bengal ahead of the publication of the draft electoral rolls for the upcoming assembly elections.
The Russians have termed Putin's visit to India, his first to this country since the outbreak of the Russia-Ukraine war, as 'Druzhba Dosti', which means 'friendship' in Russian and Hindi respectively.
Victory wrested from regime that only listens when forced, the TMC said on GST exemption on insurance.
I am inclined to believe that the Venezuela adventure is not an indication of American strength, alas, but rather of American weakness, points out Rajeev Srinivasan.
New Delhi 'will have to take a call which supply source suits us the best,' the finance minister said, pointing out that crude oil accounts for the bulk of India's foreign exchange spend.
How would you attract more investments? How will you create more jobs? How will you generate more revenue? And how much will you allocate to various areas: education, defence, agriculture, etc?
'The informal sector can grow at a 100 per cent rate -- we have to plan big.'
'The tools of warfare are changing. The MoD must deepen its engagement with technology thinkers that can present compelling visions of where warfare may be heading.'
Albanese, 62, who is divorced with an adult son, proposed to Haydon, 46, at The Lodge on Valentine's Day last year.
The challenge is to convince productive sectors that a lower general rate would benefit all and remove the prevalent system of favours targeted towards narrow industry and service sector groups.
Structural changes to government finances could be focus of the Union Budget, says Mihir S Sharma.
The conference by the think tank Open Europe and the Fresh Start group of MPs came in the wake of growing demand for the British Parliament to block EU laws.
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