Economy News

Reserve Bank of India.

Revised RBI's priority sector lending norms to further boost economy: SBI report

The recent amendments in priority sector lending (PSL) guidelines by the Reserve Bank of India (RBI) should further help the economy grow faster and fine tune the building blocks of the factors of productions, mainly the MSMEs, agri and allied sectors, housing and exports, etc, a report by SBI Research said on Wednesday. Mar 26, 2025
Farm, rural workers get respite as price spiral eases in Feb

Farm, rural workers get respite as price spiral eases in Feb

The year-on-year inflation rates based on the all-India consumer price index for agricultural labourers (CPI-AL) and rural labourers (CPI-RL) for February this year eased to 4.05 per cent and 4.1 per cent, respectively, compared to 7.43 per cent and 7.36 per cent in February 2024, bringing respite to poor households, official figures released on Monday showed. Mar 24, 2025
Start-up

Tech startups raise $2.5 bn in Jan-March, make India 3rd most funded globally

Domestic tech startups raised $2.5 billion in the January-March period this year (Q1 2025) to date, marking a 13.64 per cent increase from the previous quarter and an 8.7 per cent rise from the same period last year -- making India the third most-funded country globally -- ahead of Malta and Germany and behind the US and the UK, a report showed on Monday. Mar 24, 2025
India's manufacturing sector posts robust growth in March, hiring up: HSBC

India's manufacturing sector posts robust growth in March, hiring up: HSBC

India's business activity ended FY25 on a strong note, with the manufacturing sector posting a robust expansion in sales and production during March, driven by a rising demand for goods. Hiring, too, increased during the month, according to the HSBC Flash India survey released on Monday. Mar 24, 2025
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