LivePublic Sector Banks Name 1,629 Wilful Defaulters Owing Over Rs 1.62 Lakh Crore: FinMin
India’s public sector banks have named 1,629 corporate borrowers as wilful defaulters, with unpaid loans totalling Rs 1.62 lakh crore as of 31st March, 2025,...
Category : ECONOMY
Japan Inflation Remains High Despite Cooling from Two-Year Peak
Japan’s inflation eased slightly in June but remained above the Bank of Japan’s (BOJ) target, keeping pressure on Prime Minister Shigeru Ishiba ahead of Sunday’s...
Karnataka GST Dept Uses UPI Data to Nab 13,000 Evaders; Vendors Avoid Digital Payments
Using digital payment data as evidence, the Karnataka State Commercial Taxes Department has issued show-cause notices to nearly 13,000 small businesses and street vendors. This...
Cabinet Clears PM Dhan-Dhaanya Scheme to Boost 100 Agri Districts, Aid 1.7 Cr Farmers
The Cabinet approves the PM Dhan-Dhaanya Krishi Yojana, a new scheme aimed at boosting farming in 100 low-performing agricultural districts across India. The scheme commences...
UK Inflation Surges Unexpectedly Amid Tax Hikes
UK inflation rose to 3.6% in June, the highest since January 2024, beating expectations of no change from 3.4%. Food prices jumped 4.4%, led by...
China’s Economy Grows 5.2% in Q2, Driven by Strong Exports
China’s economy grew 5.2% in the April–June quarter, slightly above expectations and exceeding Beijing’s full-year target. Strong exports—mainly to markets outside the United States—helped support...
India’s Wholesale Inflation Drops to 8-Month Low in June
India’s wholesale inflation (WPI) fell to -0.13% in June 2025, marking its lowest level since October 2023. In May, it stood at 0.39%. The drop...
Govt Seeks Rs 3,119 Crore Loan to Fast-Track Kwar Dam, Boosts Control Over Chenab
The Indian government is seeking a Rs 3,119 crore loan to fast-track the construction of the Kwar Dam. This is a major hydroelectric project on...
India to Seek Cabinet Nod for Rs 32,000–35,000 Cr LPG Loss Reimbursement to OMCs
The central government is planning to seek Cabinet approval for a compensation package worth Rs 32,000–35,000 crore to reimburse oil marketing companies (OMCs) for losses...
India’s Peak Power Demand in 2025 Likely to Shift to September on Early Monsoon
India is likely to see its peak power demand for 2025 in September. This is due to the early arrival of the monsoon and pre-monsoon...