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Posted in Economy

India sets sail to add more trade muscle as it signs PTA terms with SACU

India signed ‌terms of reference (ToRs) with five-member Southern African Customs Union (SACU) on Wednesday, launching negotiations for a preferential trade agreement, as New Delhi…

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Posted in Economy

RBI invites public comments on draft rules to standardise how lenders set interest rates

The Reserve Bank of India on Wednesday issued draft amendments for a proposed harmonised framework for interest rates on loans and advances across banks and…

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Posted in Economy

India’s July inflation quickens to 4.45% from 4.38% in June, stays above RBI target

India’s retail inflation rose to 4.45% in July from 4.38% in June, as food prices remained elevated and pushed overall price pressures higher, according to…

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India Commerce Secy Rajesh Agrawal to visit Chile this month to review CEPA talks: Official

New Delhi: Commerce Secretary Rajesh Agrawal will visit Chile later this month to take stock of the progress of the India-Chile trade agreement, an official…

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Investors are focused on the upcoming U.S. July inflation report and the impact it could have on interest rates.
Posted in Business

U.S. futures higher ahead of key inflation report

U.S. futures were higher in early European trading as investors focused on the upcoming U.S. July inflation report and the impact it could have on…

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Astrotalk announces Esop buyback at $1 billion valuation
Posted in Startups

Astrotalk announces Esop buyback at $1 billion valuation

Noida-based astrology and spiritual-tech platform Astrotalk has announced an employee stock option (Esop) buyback for more than 100 employees at a valuation of $1 billion,…

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India’s exports rise 15% in April-July; Commerce Minister Piyush Goyal confident of $1 trillion target

India’s exports have risen by approximately 15% in the period of April to July during the current fiscal year, as stated by Piyush Goyal, the…

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Posted in Economy

India plans insurance reforms to rein in healthcare costs, sources say

Mumbai:India is weighing wide-ranging reforms of health insurance, from benchmarked treatment rates to a nationwide claims exchange, as it looks to boost transparency in a…

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Tata Sons Chairman N Chandrasekaran steps down. (PTI)
Posted in Business

Tata Sons Chairman N Chandrasekaran resigns ahead of AGM, firm’s stocks tumble

N Chandrasekaran stepped down on Wednesday as chairman of Tata Sons ahead of the company’s annual general meeting, which is scheduled for August 18. Tata…

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Posted in Economy

Kandla Port’s 40-day cargo delays put India’s rice exports at risk

Kolkata: India’s rice exporters are facing a fresh logistical headache, with congestion at Kandla port stretching cargo clearance to 35-40 days and threatening to derail…

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