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The takeover of the bank by UniCredit is only the start (Reuters)
Posted in Business

It’s not just Commerzbank: Italians are eating up German business

“Die Italiener kommen”, screamed a headline in June in the Frankfurter Allgemeine Zeitung (FAZ ), a normally sober German daily. The Italians in question are…

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Posted in Economy

Rs 3,600 crore business enquiries at 5-day handicraft fair

More than 7,300 buyers, buying representatives and domestic volume buyers from 105 countries visited the 62nd edition of IHGF Delhi Fair–Autumn 2026, that resulted in…

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Posted in Economy

US’ Russia sanction waiver a relief for India’s exporters, energy security: Experts

New Delhi: US President Donald Trump’s waiver of sanctions, restrictions and tariffs under the Sanctioning Russia and Iran Act (SRIA) is a relief for India’s…

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Posted in Economy

Who will pay for today’s optimism if AI goes wrong? CEA Anantha Nageswaran answers

Chief Economic Adviser (CEA) Anantha Nageswaran has warned that finance ministries, central banks and households could bear the cost if current optimism around artificial intelligence…

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Posted in Economy

Trump’s 100% Russian oil tariff U-turn has a catch India can’t ignore

US President Donald Trump’s decision to waive threatened tariffs of up to 100% on countries buying Russian oil offers India temporary relief but leaves New…

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Posted in Economy

India notifies first New Zealand FTA duty cuts; sheep meat gets zero duty, kiwi fruit at 15%

India has notified the first set of customs duty concessions for imports from New Zealand under the two countries’ free trade agreement (FTA), with preferential…

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Posted in Economy

‘For global trade’s sake, hope our US deal is inked soon’: FM Nirmala Sitharaman

New Delhi: Finance minister Nirmala Sitharaman Friday expressed hope that the India-US trade agreement would be concluded at the earliest in the interest of global…

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Posted in Economy

RBI forex remittance rules: No meddling as ‘middlemen’ in forex conversion by banks: New rules forbid conversion of foreign earnings into rupees to detriment of exporters

No bank can now sneak in as a middleman to make money before dollars reach the bank of a small exporter, an Indian shareholder earning…

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Government approves Rs 1,195 crore for ITI cluster modernisation
Posted in Economy

Government approves Rs 1,195 crore for ITI cluster modernisation

New Delhi: The government on Friday approved five strategic investment plans worth Rs 1,194.92 crore for industrial training institute (ITI) clusters across Maharashtra, Odisha and…

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Posted in Economy

India should become a tech-creator rather than tech-user nation: Niti Aayog vice-chairman Ashok Lahiri

New Delhi: Niti Aayog vice-chairman Ashok Lahiri called for higher investment and its efficient deployment to boost India’s technological dynamism. Addressing the SRCC Centenary Conclave…

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