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Featured News
Apr-Sept coal imports up a tad at 129.5 MT
India's coal imports saw a slight year-on-year increase of 1.4%, reaching 129.5 million tonnes in the first half of the fiscal year. However, the value of these imports decreased, resulting in savings of ₹13,629 crore due to cost-effective procurement strategies. The government remains committed to reducing reliance on imported coal by boosting domestic production and improving logistics.
RBI warns unchecked inflation could harm India's real economy, despite strong growth outlook
Despite festive spending and a recovering agricultural sector boosting the Indian economy, rising inflation threatens to undermine growth, particularly in industry and exports, according to RBI researchers. While financial markets experience corrections due to a strengthening US dollar and foreign investment outflows, the RBI remains committed to price stability and growth.
