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Posted in Economy

Gold demand drops 70% after sharp duty hike in India

Kolkata: Gold demand in India slipped about 70% since the government more than doubled import duty from earlier this month, adding to already tepid consumer…

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Forex reserves fall $7.5 billion
Posted in Economy

Forex reserves fall $7.5 billion

MUMBAI: India’s foreign exchange reserves fell by $7.5 billion to $681.3 billion in the week ended May 22, as the RBI intervened to protect the…

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India-US trade pact may be weeks away: US Ambassador to India Sergio Gor

New Delhi: US Ambassador Sergio Gor said on Friday that the trade agreement between India and the US could be finalised in the coming weeks….

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Posted in Economy

India, Canada launch trade & investment forum

New Delhi: India and Canada have launched a trade and investment forum to bring together businesses from both countries to promote commercial engagement, the government…

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Posted in Economy

Govt removes SIFTI restrictions, IIFCL gets greater financing flexibility

New Delhi: The government has removed SIFTI restrictions imposed on India Infrastructure Finance Company Ltd (IIFCL), providing greater financing flexibility and wider participation in infrastructure…

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ETtech Deals Digest: Startups raised $1.11 billion in May, up 37% on-year

Rapido’s mega funding round helped Indian startups raise about $1.1 billion in May, a 37% increase from $811.6 million raised during the same month last…

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Govt amends CSR norms; provides more leeway for companies

New Delhi, In a significant move, the government has allowed companies to invest up to 10 per cent of their CSR funds in zero coupon…

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Posted in Economy

Retail central bank digital currency in circulation falls by 24% in FY26

Mumbai: The value of retail central bank digital currency (CBDC) in circulation declined by 24.08 per cent in 2025-26, despite the continuous pilot use cases…

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India's services exports rise by 12.7 pc in April despite West Asia crisis: RBI
Posted in Economy

India’s services exports rise by 12.7 pc in April despite West Asia crisis: RBI

Mumbai: India’s services trade saw an expansion in imports and exports during April, according to the Reserve Bank of India (RBI). The data showed that…

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Government launches common landing portal for unclaimed financial assets

New Delhi: The finance ministry on Friday launched a single unified online platform for citizens to search and trace unclaimed bank deposits, insurance claims, shares…

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