Rabi Shankar joined RBI in 1990 and has worked in various capacities until he assumed the Office of Deputy Governor in May 2021

India's agricultural sector has undergone a significant transformation in the last 11 years, driven by increased budgetary support and policy focus. The government reports substantial growth in foodgrain output, rising MSP for key crops ...more

Economist S Mahendra Dev assumes the role of Chairman of the Economic Advisory Council to the Prime Minister (EAC-PM), filling the vacancy since November. The council has been reconstituted for two years, retaining full-time members and ...more

The transformation has focused on inclusivity by supporting small farmers, women-led groups and allied sectors while positioning India as a global agricultural leader, according to an official statement

Addressing allegations of financial fraud and being labeled a "thief," Mallya acknowledged his status as a "fugitive" due to his absence from India since 2016.

Starting July 2025, the GSTN will make the GSTR-3B form non-editable to enhance consistency and reduce revenue leakages. Taxpayers must use GSTR-1A to amend outward supplies before filing GSTR-3B. This shift requires businesses to ensur ...more

The Perssons are now within striking distance of full control of the retailer, which in recent years has been losing ground among shoppers to its main rival Zara and “ultra-fast fashion” upstarts like Shein

Starting July 2025, the GST Network will time-bar GST returns after three years from the due date, impacting filings like GSTR-1 and GSTR-3B. Implemented from August 2025, this measure, stemming from the Finance Act, 2023, aims to impro ...more

With inflation staying within the RBI's comfort zone and the central bank signaling a pro-growth stance, FPIs are expected to increase their investments in the coming months.

The exports should grow at 17% CAGR to achieve the target of $ 100 billion by 2030.