NHAI plans to monetize Vishakhapatnam-Raipur, Delhi-Amritsar-Katra, Amritsar-Jamnagar, and Chennai-Bengaluru highways through this route. Each of these road assets will be transferred to the SPV and will help in freeing up NHAI’s deployed capital.

The government on Thursday imposed export restrictions on chromium ores and concentrates, used in different industries including stainless steel production. India exported chromium ores and concentrates worth USD 10.96 million during 2022-23, with almost all going to China.

The Monetary Policy Committee's (MPC) stance is becoming more and more disconnected from reality, said Jayanth Varma, as per the RBI minutes published on Thursday.

The uncertainties around India's inflation outlook for the second half of the ongoing fiscal have not abated and several factors including El Nino, geopolitical conflicts and volatile financial markets need to be monitored closely, said Reserve Bank of India's governor Shaktikanta Das in the MPC minutes released on Thursday.

The Finance Secretary-headed committee to review the pension system for government employees is in the process of consulting stakeholders and is yet to finalise its report, the ministry said on Thursday. The ministry in April set up a committee under Finance Secretary T V Somanathan to review the pension scheme for government employees and suggest any changes, if needed, in the light of the existing framework and structure of the National Pension System (NPS).

According to a report by the Centre for Science and Environment (CSE), providing market access, better marketing, and help with transitioning to organic farming are the main issues that need to be addressed to increase organic farming in India. While transitioning is getting more traction, not much effort exists to create better markets.

Fitch Ratings has revised India's economic growth forecast for the fiscal year 2023-24 to 6.3 per cent, up from the earlier estimate of 6 per cent, backed by a robust near-term momentum and a better first quarter outcome. The growth forecast compares with 7.2 per cent GDP expansion in FY23. In the previous fiscal year (FY22), the economy had grown 9.1 per cent.

The National Investment & Infrastructure Fund is India’s first major attempt to develop a capital-raising structure on home soil, to tackle a shortfall in infrastructure spending. The investment will be a private placement and the fund raising should take place by September.

Maharashtra has advised farmers to begin sowing operations only after receiving 80-100 millimetres of rainfall to avoid the instances of resowing. The advisory issued as the state has received just 11% of the normal June rainfall, and just a little over 1% of the kharif sowing has been completed till date.