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Posted in Economy

In Graphics: How the cost of Iran war piled up

The Iran war is now seven months old, with no sign of a peace deal that can placate all parties. The worst second- and third-order…

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Posted in Economy

Bonded warehouses may face 24-hour discrepancy reporting, five-year digital records under proposed customs overhaul

New Delhi: The government is considering tighter compliance norms for bonded warehouses that would require operators to maintain a digital trail of the movement, transfer…

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India extends RoDTEP export support till Dec 2026; raises insurance cover to 95% amid West Asia disruption
Posted in Economy

India extends RoDTEP export support till Dec 2026; raises insurance cover to 95% amid West Asia disruption

New Delhi: The government Friday said it has extended support for exporters by continuing the Remission of Duties and Taxes on Exported Products (RoDTEP) Scheme…

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India's forex reserves fall $18.3 bn as RBI steps in to defend rupee
Posted in Economy

India’s forex reserves fall $18.3 bn as RBI steps in to defend rupee

Kolkata: India’s foreign exchange reserves shaved off $18.343 billion in the week to September 25, making it the third weekly drop in a row after…

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Goyal at G20: India opposes making MFN conditional on WTO obligations

India cannot support making Most-Favoured-Nation (MFN) treatment conditional on obligations chosen by some World Trade Organisation (WTO) members, Commerce and Industry Minister Piyush Goyal said…

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India exports 1 tonne of Bihar’s makhana to Greece

India has expanded the overseas market for its food products with the export of one tonne of makhana from Purnea, Bihar, to Greece and 24…

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Karnataka govt’s Innoverse identifies seven startups for deeptech scale-up programme
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Karnataka govt’s Innoverse identifies seven startups for deeptech scale-up programme

Karnataka’s Innoverse has identified seven growth-stage startups as the first cohort of its Deeptech Enabler programme, which aims to help companies scale services that have…

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India’s forex reserves fall $18.34 billion to $747.56 billion in week ended September 25

India’s foreign exchange reserves fell by $18.34 billion to $747.56 billion in the week ended September 25, driven by a decline in foreign currency assets…

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RBI appoints Sudhakar Malli as Executive Director with effect from October 1

The Reserve Bank of India has appointed Sudhakar Malli as Executive Director with effect from October 1, the central bank said in a statement on…

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Posted in Economy

Govt absorbing up to Rs 2,700 per urea bag as global costs rise to Rs 3,000: Nirmala Sitharaman

Madanapalle: The Centre has been absorbing a subsidy of around Rs 2,700 on every bag of urea when global costs have risen as high as…

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