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Posted in Economy

UPI to remain free for users; nominal MDR may apply to select merchant transactions

The government on Saturday said consumers making payments through UPI will not face any transaction charges, while any future merchant discount rate (MDR) will apply…

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Posted in Economy

America hurting its own interest; India well-insulated against US tariffs on Russian oil, expert says

Mumbai: As Washington tightens the screws over Russian crude imports, India’s macroeconomic stability remains remarkably well-insulated, according to Anindya Banerjee, Head of Commodity and Currency…

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DPIIT signs 5 MoUs to expand digital, cloud and investment support for startups
Posted in Startups

DPIIT signs 5 MoUs to expand digital, cloud and investment support for startups

The Department for Promotion of Industry and Internal Trade (DPIIT) has signed five strategic Memoranda of Understanding (MoUs) with industry leaders and ecosystem enablers to…

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Posted in Economy

US sanctions bill makes India-US trade deal more critical, may push up import bill: Economist

New Delhi: The proposed US sanctions legislation targeting buyers of Russian crude makes it more critical for India to negotiate a trade deal with the…

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Posted in Economy

GI-tagged Mithila Makhana makes first sea shipment from Bihar to Australia

New Delhi: GI-tagged Mithila Makhana has been exported from Bihar to Australia by sea for the first time, with the 18-metric-tonne consignment providing farmers in…

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Optimized builds satellites to focus on Earth, space traffic
Posted in Startups

Optimized builds satellites to focus on Earth, space traffic

The Ahmedabad-headquartered industrial engineering and deep-tech conglomerate Optimized Group‘s first satellite under development will be used for Earth observation, while the second will focus on…

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Posted in Economy

India weighs friendlier investment treaty rules as Cabinet nod nears: DEA Secretary

New Delhi: India is reviewing its bilateral investment treaty model to make it friendlier to foreign investors, and the Cabinet could soon take up such…

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Posted in Economy

IP protection, FTA utilisation, contractual safeguards’ integration key for Indian exporters: Report

For Indian exporters, international growth requires an integrated operating discipline in which intellectual property (IP) protection, utilisation of free trade agreements (FTA), customs documentation, regulatory…

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Posted in Economy

White House adviser declines to link Russia sanctions bill with India trade talks

A senior White House economic adviser declined to say whether a proposed US sanctions bill targeting buyers of Russian oil could affect ongoing trade negotiations…

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Posted in Economy

US cos see growing business interest in India as bilateral trade crosses $240 billion, says envoy Gor

American companies are deepening their engagement with India, with bilateral trade between the two countries expanding more than twelvefold over the past decade to exceed…

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