K V Kamath, chairman of the National Bank for Financing Infrastructure and Development( NaBFID

The National Bank for Financing Infrastructure and Development( NaBFID) is likely to begin its

( NaBFID). Parliament had in March cleared the National Bank for Financing Infrastructure and Development

India also cut the windfall tax on diesel to zero from 1.50 per litre effective March 1, the order showed.... 16, the government raised the windfall tax on petroleum crude to 3, 300 rupees a metric ton from 3, 200 rupees and hiked the tax on diesel to 1.5 rupees a litre from zero.... India imposed a windfall tax on crude oil producers from July 2022 and extended the levy on exports of gasoline, diesel and aviation fuel, as private refiners wanted to sell fuel overseas to gain from robust refin

The prices of 19 kg commercial LPG cylinders in India were hiked by Rs 25 on Friday.... In Kolkata and Chennai, these cylinders would cost Rs 1, 911 and Rs 1, 960.5 respectively.... Click here to follow our WhatsApp channel Last month, before Budget 2024, the price of commercial LPG cylinders was hiked by Rs 14 in Delhi to Rs 1, 770....

The Asian Development Bank[ ADB] on Wednesday trimmed its growth forecast for India’s economy in FY26 to 6.7 per cent from 7 per cent earlier, citing risk from US tariff levies.... Global economic uncertainty may also affect completion of investment projects in India, said ADB in its April 2025 outlook report.... Addressing food inflation alongside extreme weather events will be a challenge for India, imposing risks on agricultural outlook....

Union Power and New and Renewable Energy Minister R K Singh has stated that the swift modernisation of India's infrastructure, encompassing roads, telecommunications, and electricity, will facilitate India's transformation into a developed nation by 2047.... Not only has capital expenditure seen an uptick, but the efficiency of capital utilisation has also shown improvement.... This is largely due to superior planning via the Prime Minister GatiShakti National Master Plan, following a' whole o

The RBI too recently cut India’s growth forecast to 6.5 per cent from 6.7 per cent estimated earlier.... “ The benefits to private investment from monetary easing and regulatory streamlining are expected to be offset by global economic weakness and policy uncertainty, ” said the multilateral lending agency in its bi-annual South Asia Development Update report.... Also Read Finance secretary Seth to lead Indian delegation as FM cuts short US visit Centre releases over？...

By Ruchi Bhatia and Preeti Soni The Reserve Bank of India’s upbeat growth estimates for the world’s fastest-growing major economy is causing both confusion and concern among economists.... Investment banks like Goldman Sachs Corp. have already downgraded growth projections to as low as 6.5 per cent.... The RBI’s bullishness is underpinned by its view that rural spending is improving and private investment is picking up....