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<title>IBTimes.co.in : Economy</title>
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<title><![CDATA[ Adani Energy Solutions signs pact to buy IntelliSmart in Rs 3,050 crore deal ]]></title>
<description><![CDATA[ IntelliSmart operates more than 2.2 crore smart meters, and the deal is expected to strengthen AESL's scale, efficiency, and role in modernising India's power distribution sector, subject to regulatory approvals. ]]></description>
<guid>https://www.ibtimes.co.in/adani-energy-solutions-signs-pact-buy-intellismart-rs-3050-crore-deal-902794</guid>
<link>https://www.ibtimes.co.in/adani-energy-solutions-signs-pact-buy-intellismart-rs-3050-crore-deal-902794</link>
<pubDate>Tue, 09 Jun 2026 22:04:08 +0530</pubDate>
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<title><![CDATA[ SBI presents Rs 8,813 crore dividend cheque to centre for FY26 ]]></title>
<description><![CDATA[ India's largest lender, SBI, has presented a dividend cheque of ₹8,813 crore to the Central government for FY26. The cheque was handed over by SBI Chairman C S Setty to Finance Minister Nirmala Sitharaman, reflecting the bank's strong financial performance and contributing significantly to the government's non-tax revenue. ]]></description>
<guid>https://www.ibtimes.co.in/sbi-presents-rs-8813-crore-dividend-cheque-centre-fy26-902758</guid>
<link>https://www.ibtimes.co.in/sbi-presents-rs-8813-crore-dividend-cheque-centre-fy26-902758</link>
<pubDate>Mon, 08 Jun 2026 16:58:13 +0530</pubDate>
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<title><![CDATA[ Gold, silver prices fall up to 4 pc amid geopolitical tensions ]]></title>
<description><![CDATA[ Gold futures dropped nearly 2 per cent to an intraday low of ₹1,52,712 per 10 grams, while silver futures fell as much as 3.8 per cent to ₹2,39,064 per kg. Internationally, COMEX gold and silver also traded lower. ]]></description>
<guid>https://www.ibtimes.co.in/gold-silver-prices-fall-4-pc-amid-geopolitical-tensions-902747</guid>
<link>https://www.ibtimes.co.in/gold-silver-prices-fall-4-pc-amid-geopolitical-tensions-902747</link>
<pubDate>Mon, 08 Jun 2026 15:13:15 +0530</pubDate>
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<title><![CDATA[ Economic reforms boost India's global standing: Govt ]]></title>
<description><![CDATA[ India's business environment has improved significantly over the past 12 years due to reforms aimed at reducing compliance burdens and promoting ease of doing business, according to a government factsheet. ]]></description>
<guid>https://www.ibtimes.co.in/economic-reforms-boost-indias-global-standing-govt-902729</guid>
<link>https://www.ibtimes.co.in/economic-reforms-boost-indias-global-standing-govt-902729</link>
<pubDate>Sun, 07 Jun 2026 21:58:43 +0530</pubDate>
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<title><![CDATA[ Gautam Adani is richest in Asia with net worth at $89.2 billion: Forbes ]]></title>
<description><![CDATA[ Adani's wealth increased following a rally in Adani Group stocks, including gains in Adani Power, Adani Ports, Adani Enterprises, Adani Green Energy and Adani Energy Solutions. The combined market value of six listed Adani Group companies reached about $191 billion. ]]></description>
<guid>https://www.ibtimes.co.in/gautam-adani-richest-asia-net-worth-89-2-billion-forbes-902717</guid>
<link>https://www.ibtimes.co.in/gautam-adani-richest-asia-net-worth-89-2-billion-forbes-902717</link>
<pubDate>Sun, 07 Jun 2026 16:38:13 +0530</pubDate>
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<title><![CDATA[ Rupee Strengthens To 94 Per Dollar As RBI Moves To Ease External Pressures ]]></title>
<description><![CDATA[ RBI introduced incentives for FCNR(B) deposits, eased norms for foreign investments, and expanded access to government securities. The measures helped the rupee recover from recent record lows driven by rising crude oil prices, foreign fund outflows, and geopolitical tensions in West Asia. ]]></description>
<guid>https://www.ibtimes.co.in/rupee-strengthens-94-per-dollar-rbi-moves-ease-external-pressures-902678</guid>
<link>https://www.ibtimes.co.in/rupee-strengthens-94-per-dollar-rbi-moves-ease-external-pressures-902678</link>
<pubDate>Fri, 05 Jun 2026 19:44:54 +0530</pubDate>
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<title><![CDATA[ RBI's Cautious Hold: Can India Sustain Great-Power Economic Ambitions Amid Structural Headwinds and Geopolitical Shocks? ]]></title>
<description><![CDATA[ While India retains strong macroeconomic buffers such as large forex reserves, a healthy banking system, and robust digital infrastructure, economists warn that structural challenges—including weak private investment, declining net FDI, regulatory uncertainty, and sluggish job creation—could limit growth. ]]></description>
<guid>https://www.ibtimes.co.in/rbis-cautious-hold-can-india-sustain-great-power-economic-ambitions-amid-structural-headwinds-902663</guid>
<link>https://www.ibtimes.co.in/rbis-cautious-hold-can-india-sustain-great-power-economic-ambitions-amid-structural-headwinds-902663</link>
<pubDate>Fri, 05 Jun 2026 15:44:37 +0530</pubDate>
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<title><![CDATA[ Who Is Neelkanth Mishra? From Axis Bank to the World Bank, IIT Kanpur Alumnus Named India's Representative ]]></title>
<description><![CDATA[ Economist Neelkanth Mishra has been appointed India's Executive Director at the World Bank for a three-year term. Currently Chief Economist at Axis Bank and Head of Global Research at Axis Capital, he will represent India on the World Bank Board, overseeing key decisions on development financing and economic growth. ]]></description>
<guid>https://www.ibtimes.co.in/who-neelkanth-mishra-axis-bank-world-bank-iit-kanpur-alumnus-named-indias-representative-902659</guid>
<link>https://www.ibtimes.co.in/who-neelkanth-mishra-axis-bank-world-bank-iit-kanpur-alumnus-named-indias-representative-902659</link>
<pubDate>Fri, 05 Jun 2026 13:54:01 +0530</pubDate>
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<title><![CDATA[ RBI keeps repo rate unchanged at 5.25 pc, maintains 'Neutral' stance ]]></title>
<description><![CDATA[ RBI is set to announce its monetary policy decision after the three-day Monetary Policy Committee (MPC) meeting chaired by RBI Governor Sanjay Malhotra. Most economists expect the central bank to keep the repo rate unchanged amid rising crude oil prices and heightened geopolitical tensions in West Asia. ]]></description>
<guid>https://www.ibtimes.co.in/rbi-keeps-repo-rate-unchanged-5-25-pc-maintains-neutral-stance-902655</guid>
<link>https://www.ibtimes.co.in/rbi-keeps-repo-rate-unchanged-5-25-pc-maintains-neutral-stance-902655</link>
<pubDate>Fri, 05 Jun 2026 13:41:17 +0530</pubDate>
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<title><![CDATA[ RBI MPC Meeting 2026: Why the central bank is likely to keep repo rate unchanged at 5.25%; 3 things to know ]]></title>
<description><![CDATA[ As the Reserve Bank of India prepares to announce its latest monetary policy decision, expectations of another rate cut appear to be fading. Most experts now believe the central bank will keep the repo rate unchanged and continue with a wait-and-watch approach. Here are three reasons why. ]]></description>
<guid>https://www.ibtimes.co.in/rbi-mpc-meeting-2026-why-central-bank-likely-keep-repo-rate-unchanged-5-25-3-things-know-902645</guid>
<link>https://www.ibtimes.co.in/rbi-mpc-meeting-2026-why-central-bank-likely-keep-repo-rate-unchanged-5-25-3-things-know-902645</link>
<pubDate>Thu, 04 Jun 2026 20:40:48 +0530</pubDate>
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<title><![CDATA[ ICICI Bank Gets SEBI Warning Letter, FPI Rule Breach Linked To Early Fund Repatriation ]]></title>
<description><![CDATA[ ICICI Bank has received a warning letter from SEBI for allowing an FPI to repatriate funds before completing the mandatory retention period under the Voluntary Retention Route. The bank said the issue has no material impact on its financials, operations, or business activities. ]]></description>
<guid>https://www.ibtimes.co.in/icici-bank-gets-sebi-warning-letter-fpi-rule-breach-linked-early-fund-repatriation-902649</guid>
<link>https://www.ibtimes.co.in/icici-bank-gets-sebi-warning-letter-fpi-rule-breach-linked-early-fund-repatriation-902649</link>
<pubDate>Thu, 04 Jun 2026 20:39:10 +0530</pubDate>
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<title><![CDATA[ Gold, silver trade higher amid weaker dollar, geopolitical uncertainty ]]></title>
<description><![CDATA[ August gold futures rose 0.35% to ₹1,59,052 per 10 grams, while July silver futures touched an intraday high of ₹2,64,324 per kg before turning volatile. ]]></description>
<guid>https://www.ibtimes.co.in/gold-silver-trade-higher-amid-weaker-dollar-geopolitical-uncertainty-902628</guid>
<link>https://www.ibtimes.co.in/gold-silver-trade-higher-amid-weaker-dollar-geopolitical-uncertainty-902628</link>
<pubDate>Thu, 04 Jun 2026 14:58:26 +0530</pubDate>
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<title><![CDATA[ Crude Oil Falls Over 1% as Israel-Lebanon Ceasefire Boosts Hopes of Regional Calm ]]></title>
<description><![CDATA[ Global crude oil prices fell more than 1 per cent on Thursday after Israel and Lebanon agreed to implement a ceasefire, boosting hopes of easing tensions in West Asia. Brent crude dropped to $96.50 per barrel, while WTI crude slipped to $94.76 per barrel. ]]></description>
<guid>https://www.ibtimes.co.in/crude-oil-falls-over-1-israel-lebanon-ceasefire-boosts-hopes-regional-calm-902624</guid>
<link>https://www.ibtimes.co.in/crude-oil-falls-over-1-israel-lebanon-ceasefire-boosts-hopes-regional-calm-902624</link>
<pubDate>Thu, 04 Jun 2026 11:25:38 +0530</pubDate>
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<title><![CDATA[ US Proposes 12.5% Tariff on India, 59 Others Over Forced Labour Import Concerns ]]></title>
<description><![CDATA[ Economies with existing or committed forced-labour import bans may face a lower 10% tariff, while others could face the full 12.5% duty. The proposal also includes a special textile mechanism for certain apparel and textile imports. Public hearings on the proposal are scheduled for July 7, 2026. ]]></description>
<guid>https://www.ibtimes.co.in/us-proposes-12-5-tariff-india-59-others-over-forced-labour-import-concerns-902590</guid>
<link>https://www.ibtimes.co.in/us-proposes-12-5-tariff-india-59-others-over-forced-labour-import-concerns-902590</link>
<pubDate>Wed, 03 Jun 2026 11:40:50 +0530</pubDate>
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