Business News: Economy & Markets

Pakistan’s aim to reach $100 billion exports by 2030 a ‘wishful thinking’ than credible strategy

IANS | February 6, 2026 2:21 PM

New Delhi, Feb 6 (IANS) The gap between how Pakistan actually lives and how it is officially governed is steadily eroding productivity, deepening inequality and weakening the foundations of growth, a new report has said, adding that the rhetoric around reaching $100 billion in exports by 2030 is closer to wishful thinking than credible strategy.

EU, US trade deals to support exports over medium-term: RBI Governor

IANS | February 6, 2026 2:08 PM

New Delhi, Feb 6 (IANS) The recently concluded India-EU free trade agreement (FTA) and the prospective India-US trade deal, along with several other trade agreements, will support exports over the medium-term, RBI Governor Sanjay Malhotra said on Friday.

India-Australia business case studies showcase effectiveness of trade pacts: Commerce Secretary

IANS | February 6, 2026 1:54 PM

New Delhi, Feb 6 (IANS) The India-Australia business case studies are evidence-based on how the trade agreement has translated into real opportunities and has been used by businesses for their growth, Commerce Secretary Rajesh Agrawal said on Friday.

RBI's rate decision reflects favourable assessment of India’s growth: Economists

IANS | February 6, 2026 1:28 PM

Mumbai, Feb 6 (IANS) The Reserve Bank of India's (RBI) decision to keep the policy rate unchanged reflected a favourable assessment of growth and inflation dynamics, economists said on Friday.

Govt’s net borrowing is on lower side: RBI Governor

IANS | February 6, 2026 1:23 PM

Mumbai, Feb 6 (IANS) RBI Governor Sanjay Malhotra said on Friday that the government’s borrowing programme is on the lower side, which would enable it to raise the required resources at reasonable prices.

Bitcoin extends losses down 6 pc, tracking global weakness in tech stocks

IANS | February 6, 2026 12:57 PM

Mumbai, Feb 6 (IANS) World’s largest cryptocurrency Bitcoin extended losses on Friday, falling over 6 per cent to about $66,198 as risk aversion, heavy liquidations, weakness in technology stocks, and fears of tighter US monetary policy rattled investors.

RBI plans to allow bank lending to REITs: Governor

IANS | February 6, 2026 11:59 AM

Mumbai, Feb 6 (IANS) Reserve Bank Governor Sanjay Malhotra announced on Friday that the Central Bank proposes to permit commercial banks to extend finance to Real Estate Investment Trusts (REITs), subject to appropriate prudential safeguards.

Gold, silver prices slip amid profit booking, dollar gains

IANS | February 6, 2026 11:24 AM

Mumbai, Feb 6 (IANS) Gold prices fell moderately, while silver lost over 3 per cent on Friday due to a stronger dollar and a rout in global technology stocks.

RBI raises growth forecast for Q1 and Q2 of 2026-27

IANS | February 6, 2026 11:06 AM

Mumbai, Feb 6 (IANS) The Reserve Bank of India has raised its real GDP growth projections for Q1 and Q2 of 2026-27 to 6.9 per cent and 7.0 per cent, respectively, RBI Governor Sanjay Malhotra announced on Friday.

SEBI proposes to extend standing SWP, STP instructions to demat-held mutual funds

IANS | February 6, 2026 10:32 AM

Mumbai, Feb 6 (IANS) The Securities and Exchange Board of India (SEBI) has proposed to allow investors to set up standing instructions for systematic withdrawal plans (SWP) and systematic transfer plans (STP) for mutual fund units held in demat accounts, a facility currently available only for units held in the statement‑of‑account mode.

BUSINESS

Pakistan’s aim to reach $100 billion exports by 2030 a ‘wishful thinking’ than credible strategy

EU, US trade deals to support exports over medium-term: RBI Governor

India-Australia business case studies showcase effectiveness of trade pacts: Commerce Secretary

RBI's rate decision reflects favourable assessment of India’s growth: Economists

Govt’s net borrowing is on lower side: RBI Governor

Bitcoin extends losses down 6 pc, tracking global weakness in tech stocks

RBI plans to allow bank lending to REITs: Governor

Gold, silver prices slip amid profit booking, dollar gains

RBI raises growth forecast for Q1 and Q2 of 2026-27

SEBI proposes to extend standing SWP, STP instructions to demat-held mutual funds

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