Economy
India’s trade gap narrows to $26.86 billion, but oil bill rises
NEW DELHI — The merchandise trade gap fell to $26.86 billion from $31.98 billion in July, according to Commerce Ministry...
RBI announces ₹1 lakh crore bond sales to absorb excess banking liquidity
MUMBAI – The Reserve Bank of India is set to remove ₹1 lakh crore from the banking system as surplus...
India wholesale inflation rises to 9.92% as fuel, food and manufacturing costs increase
NEW DELHI — India’s wholesale price pressure is refusing to cool. WPI inflation rose to 9.92% in August, keeping the...
India’s consumer confidence rises to 66.92 in September 2026
SHILLONG — India’s consumer confidence rose again in September, with the latest LSEG-Ipsos reading showing sentiment recovering close to its...
SBI cleaned ₹1.51 lakh crore of large bad loans off its books. Only 14% came back
MUMBAI – State Bank of India has spent a decade cleaning large bad loans from its balance sheet, but the...
Meghalaya ranks fifth among Northeast and hill states in Investment Friendliness Index
SHILLONG – Meghalaya has landed a mixed report card in NITI Aayog's first Investment Friendliness Index, placing 23rd among 36...
Meghalaya’s per-capita income rises to ₹1.57 lakh, remains below national average
SHILLONG : Meghalaya’s per-capita income rose to ₹1,57,141 in 2024-25 from ₹1,41,195 a year earlier. The increase of ₹15,946 works...
Meghalaya’s bank lending trails most Northeast states despite strong deposits
SHILLONG : Meghalaya’s banks are collecting far more deposits than they are lending back into the state. For every ₹100...
India’s economy grows 7.8% in April-June, beats RBI’s 7% forecast
NEW DELHI : India's economy expanded 7.8 percent in the April-June quarter, comfortably clearing the Reserve Bank of India's 7...
Central Bank of India recovered just 14.5% from big loan write-offs, RTI data shows
MUMBAI : Central Bank of India wrote off ₹33,475.78 crore in loans over the past decade, but how much of...
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