Public borrowing won’t crowd out private investment: FM
The Hindu
Opportune time for investments by companies, she asserts
Finance Minister Nirmala Sitharaman urged industry to step up investments and expand capacities, noting that worries about high public capital spending and borrowings crowding out private investments were misplaced.
“The emphasis on infra and public investments is done after a lot of stakeholder consultations… we have our own analysis that this is going to lead to crowding in of private investment,” she said, adding that this was an opportune time for greenfield and brownfield projects from corporates.
Emphasising that the Budget envisaged a two-track path, of building optimal infrastructure and encouraging sunrise sectors, for India’s growth in the Amrit Kaal, Ms. Sitharaman said that infrastructure development in the past had led to flawed outcomes.
India seeks alternative sources for specialty fertilizers from Belgium, Egypt, and others due to China's export restrictions.
India and Russia commit to enhancing trade in national currencies, aiming for $100 billion bilateral trade by 2030.
Stock markets soar as RBI cuts interest rates, with Sensex rising 447 points amidst positive investor sentiment and revised growth forecasts.
AAP's Raghav Chadha calls for banning 10-minute delivery services, highlighting the harsh conditions faced by gig workers.
IndiGo flight cancellations: Follow LIVE updates from The Hindu as IndiGo's operations face issues with over 400 flights cancelled today.
DGCA grants IndiGo exemption from night-duty limits for pilots amid widespread flight cancellations and operational disruptions.
RBI to launch a two-month campaign in January 2026 to address pending grievances with the Ombudsman for improved customer service.
RBI plans ₹1 lakh crore OMO in December to boost liquidity amid upcoming tax payments, ensuring stability in the banking system.
IndiGo faces ongoing flight delays and cancellations due to technology issues, weather, and new crew rostering rules.
Stock markets experience volatility as investors await RBI's monetary policy amid foreign fund outflows and mixed global trends.
ED attaches assets worth ₹1,120 crore in Anil Ambani's Reliance Group case, totaling ₹10,000 crore amid money laundering probe.
Rupee rises 20 paise to 89.69 against the dollar as investors await RBI's monetary policy decision amidst market pressures.
Just nine Fugitive Economic Offenders (FEOs) owed Indian banks over ₹58,000 crore in principal and interest. To date, banks have recovered just over ₹19,000 crore — roughly 33% of the total dues.