Recent Posts
India urges Iran to speed up oil cargo shipments amid ceasefire window
New Delhi: India is pressing Tehran to expedite movement of India-bound oil and gas cargoes so they can be quickly turned around and redeployed to…
Costly raw materials weigh heavy on D2C luggage companies
Several new-age luggage makers currently seeking to raise funds may need to rework their cost structures to factor in increasing raw material prices stemming from…
West Asia conflict deals a double whammy to India’s farm sector: pre-harvest cost pressures, post-harvest shipping delays
Iran war: India’s agriculture sector is currently facing a double whammy: pre-harvest, it is dealing with rising input costs and labour shortages; and post-harvest, it…
RBI monetary policy: Currency forward curbs temporary, says Sanjay Malhotra
MUMBAI: The Reserve Bank of India (RBI) said on Wednesday that its recent actions in the non-deliverable forward (NDF) market are temporary and aimed at…
RBI monetary policy: Call below repo to comfort banks
MUMBAI: The Reserve Bank of India (RBI) on Wednesday said call rate levels below the repo rate should not be interpreted as impending rate-cut signals,…
SEZs seek duty relief for three years, higher domestic sales limit
New Delhi: Special economic zone (SEZ) developers and units have urged the government to allow them to sell goods in the domestic market at lower…
Tiruppur garment orders drop 15% as US, Europe demand weakens amid Iran War
Kolkata: Orders from the US and Europe for Tiruppur’s apparel manufacturers fell 15% in March compared with a year earlier, as buyers in those markets…
Mudra loans cross Rs 40 lakh crore, Nirmala Sitharaman hails MSME credit push
New Delhi: Finance minister Nirmala Sitharaman said on Wednesday that the Pradhan Mantri Mudra Yojana (PMMY) has been instrumental in reshaping the credit landscape for…
IBBI panel suggests project-wise insolvency resolution for real estate sector
A panel set up by the insolvency regulator has suggested that the bankruptcy proceeding be restricted to only stressed projects of a real estate developer…
Foreign Secretary Vikram Misri launches India-US trade Facilitation Portal
Washington, Foreign Secretary Vikram Misri on Wednesday launched the India-US Trade Facilitation Portal here as the two countries eye the $500 billion bilateral trade target….