Economy and Finance

Japan Credit Rating Agency upgrades India’s sovereign rating to A- from BBB+, citing 7% growth: Know what it means

The Japan Credit Rating Agency (JCR) relied on the sustained 7% growth to upgrade India’s sovereign rating from BBB+ to A- with a stable outlook.

‘India is definitely growing by 5%’: Former Finance Secretary Subhash Garg now contradicts his own claim of 2.6% GDP growth

Garg said that the government's economic policies had nor role to play in the county's GDP growth.

Fact Check: Ex-Finance Secretary Subhash Chandra Garg claims not 7.8% but 2.6% is ‘real’ GDP growth; here’s why this calculation is wrong

GDP numbers are periodically revised when better data becomes available and when the statistical system is updated. The recent exercise involved moving to a new base year of 2022-23, along with changes in data sources and estimation methods.

From free college tuition for Muslim girls to a ₹100 crore fund for Waqf and Christian properties, is Tamil Nadu’s TVK government replicating the...

TVK government in Tamil Nadu led by CM Vijay has announced free college tuition for Muslim girls to a ₹100 crore fund for Waqf and Christian properties even as the state's total debt has reached ₹13.18 lakh crore.

Washington’s debt, Delhi’s bill: USA’s $40 trillion problem is already in your kitchen

Economists have a name for what happens when a central bank’s independence quietly bends under the weight of government borrowing needs: fiscal dominance. It’s the slow drift toward that condition, not some Hollywood-style default, that should worry anyone watching from outside America’s borders.

UPI still climbing, The Wire still faking: Notorious fake news peddler claims decline in UPI use, data shows healthy growth

The Wire claimed Indians are using UPI less after the merchant fee announcement. But no fee imposed yet and UPI still growing.

From policy to factories and jobs: How India became a hub of new technology manufacturing

Factories, Jobs and Self-Reliance: How the Modi Government’s policies under Make in India and Atmanirbhar Bharat initiatives transformed India’s new technology manufacturing sector

Why SEBI barred former Zee executives Subhash Chandra and Puneet Goenka from the securities market for one year: Explained

The case decision relates to an unauthorised pledge of ZEEL's immovable assets located in Hyderabad to secure loans for promoter-linked entities.

Samudra Manthan: Union Cabinet approves ₹84,084 crore National Offshore Exploration Scheme to unlock India’s vast offshore energy potential

The Union Cabinet, chaired by Prime Minister Narendra Modi, on Friday approved the ‘Samudra Manthan’ – National Offshore Exploration Scheme, a Central Sector initiative...

Explained: Why RBI Governor said that Indian rupee is undervalued and what it means 

“The Indian [currency] rupee is “not overvalued” and could even be considered undervalued in both nominal and real effective exchange rate terms,” the RBI Governor said.

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