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US buyers keen to stitch deals with Indian apparel exporters

Kolkata | Pune: As prospects of a US-Iran truce brightened, US buyers have resumed enquiries with Indian apparel exporters. However, buyers are seeking discounts of…

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Posted in Economy

Govt readies farm safety net with banks, insurers as El Nino looms

New Delhi: The government is working with banks and insurers to expand financial protection for rural households as it prepares for El Nino, the weather…

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Posted in Economy

RBI temporarily withdraws rate caps on FCNR(B), NRE deposits till Sept 30

KOLKATA: The Reserve Bank of India on Wednesday temporarily removed the interest rate ceiling on non-resident deposits allowing banks to go all-out in overseas fund…

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PhonePe, Google Pay duopoly weakens as market share slips below 80%
Posted in Startups

PhonePe, Google Pay duopoly weakens as market share slips below 80%

Fintech giants PhonePe and Google Pay’s combined UPI market share slipped to 79% in May, according to data from the National Payments Corporation of India…

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Posted in Economy

UK-India free trade deal to kick in on July 15, cutting tariffs by over $480 mn in year one

The United Kingdom and India on Wednesday announced that their landmark Free Trade Agreement (FTA) will enter into force on July 15, less than a…

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Posted in Economy

UK-India free trade deal to kick in on July 15, cutting tariffs by over $480 mn in year one

The United Kingdom and India on Wednesday announced that their landmark Free Trade Agreement (FTA) will enter into force on July 15, less than a…

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Posted in Economy

Maharashtra advises farmers to do fodder planning to avoid a potential shortage due to El Nino

The Maharashtra government has advised its farmers to pay special attention to fodder planning as the El Nino can possibly create a fodder shortage. “The…

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Sarvam AI's Pratyush Kumar joins AI executive huddle with G7 leaders
Posted in Startups

Sarvam AI’s Pratyush Kumar joins AI executive huddle with G7 leaders

Bengaluru-based Sarvam AI co-founder Pratyush Kumar was among top artificial intelligence executives such as Sam Altman and Dario Amodei who joined the lunch meeting with…

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Posted in Economy

India-EU free trade deal to be inked by year-end: Ursula von der Leyen

Evian-Les-Bains (France): India and the European Union will sign the ambitious free trade agreement by the end of this year, top EU leader Ursula von…

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Posted in Economy

RBI temporarily eases FCNR(B), NRE deposit rate norms to attract overseas funds

The Reserve Bank of India (RBI) on Wednesday temporarily relaxed interest rate restrictions on certain non-resident deposits, giving banks greater flexibility to offer higher returns…

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