Recent Posts
RBI injects Rs 1 lakh crore as liquidity tightens before festive season
Mumbai: For weeks, India’s central bank had its task-list full, draining excess liquidity after an overwhelming diaspora response to forex-inflow programs. Now, as the festive…
China curbs spur push for local manufacturing
New Delhi: The Centre will soon hold deliberations with stakeholders on measures needed to mitigate the impact of curbs imposed by China on exports of…
Finance Ministry to run financial inclusion campaign
New Delhi: The finance ministry will run a nationwide campaign to saturate financial schemes and other key interventions, covering 2.70 lakh gram panchayats and urban…
RBI tightens scrutiny of $1 billion-plus overseas investments amid rupee pressure
Mumbai: The Reserve Bank of India (RBI) is mounting scrutiny on large-value overseas direct investments (ODIs) by India Inc, amid battle to defend the rupee….
Uneven rains may keep price of spices elevated
New Delhi: An An uneven monsoon and dry soil conditions across southern India are threatening spice production, raising the risk of tighter supplies and higher…
CBDT exempts interest payments on rupee-denominated bonds issued by New Development Bank from TDS
The Central Board of Direct Taxes (CBDT) said in a notification issued on October 19 that it has exempted interest payments on rupee-denominated bonds issued…
India-New Zealand FTA kicks in October 20, gives all Indian goods zero-duty access
India’s free trade agreement (FTA) with New Zealand will come into force at 12.01 am on October 20, giving all Indian goods, including leather, footwear,…
India sets import quotas for New Zealand apples, kiwifruit under FTA
India has set quotas for importing apples, kiwifruit, Manuka honey and albumins from New Zealand at concessional duty rates under their free trade agreement, which…
India-New Zealand FTA to kick in October 20, opening market opportunities for exporters
The India-New Zealand Free Trade Agreement (FTA), which is set to come into effect on October 20, could help New Zealand businesses tap into India’s…
China announces export curbs on key machinery used in India’s infrastructure development
Beijing: China on Monday announced new export controls on key machinery, including tunnel boring machines, in a move that could adversely impact India’s infrastructure development….