Category : Economy


Rupee Falls to 91.96 vs Dollar, Nears Record Low of 92

The Indian rupee weakened to 91.96 against the US dollar on Thursday, down 18 paise from its previous close, as strong dollar demand and RBI intervention capped losses. Market sentiment remains cautious ahead of the Union Budget.

Hyderabad: 4th Fastest Growing Global City by 2035

Hyderabad is projected to become the fourth fastest growing city globally by 2035 with 8.47% annual GDP growth, reaching $201.4 billion economy. The city leads India in municipal bond issuance with ₹500 crore raised.

Govt May Cut PSU Stake to 26%, Keep Control: Survey

The Economic Survey suggests reducing mandatory government stake in PSUs from 51% to 26% while maintaining effective control through special resolution rights, potentially unlocking significant monetization opportunities.

Rural Economy Improves, MGNREGS Demand Drops 53%

India's Economic Survey reveals a 53% decline in MGNREGS persondays as rural economy strengthens. Unemployment drops to 2.5%, with new Viksit Bharat Act modernizing rural employment guarantees.

CAG: Excessive Regulations Impede MSME Growth, Need Reforms

Comptroller and Auditor General K Sanjay Murthy expressed concerns about excessive regulatory burdens hindering MSME competitiveness and industrial growth, proposing simplification, digitalisation, decriminalisation, and elimination of redundant laws.

Economic Survey Supports QCOs, Cautions on Implementation

India's Economic Survey 2025-26 supports quality control orders for manufacturing but warns against poor design. It cites Milton Friedman to highlight global supply chain risks while noting QCO expansion and recent withdrawals.

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