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Rising oil prices, gold imports to widen trade deficit, CAD may touch 1.5-2% of GDP: ICICI Securities

New Delhi [India], May 16 (ANI): With the West Asia conflict persisting and global oil prices likely to average around USD 100/bbl, India’s current account…

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Posted in Economy

India’s April exports jump 13.8%, trade gap widens to 3-month high

New Delhi: Driven by electronics, engineering goods and petroleum products, India’s goods exports rose 13.78% on year in April to $43.56 billion, the highest monthly…

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Posted in Economy

GST Tribunal revamps appeal process: Division bench review now mandatory for appeals

New Delhi: The GST Appellate Tribunal (GSTAT) has revamped its process for handling appeals, requiring all pending and new cases to be reviewed by a…

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Posted in Economy

Fuel price hike may push inflation up by 20 bps, say experts

New Delhi: Retail inflation could accelerate by 15-20 basis points (0.15-0.20 percentage points) in the coming months following the fuel price hike announced on Friday,…

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Steel Safeguard Measure Hits India-UK Trade Pact Rollout
Posted in Economy

Steel safeguard measure hits India-UK trade pact rollout

New Delhi:India’s India’s free trade agreement (FTA) with the UK, initially expected to be implemented by May, has hit an expected hurdle over Britain’s new…

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India looks to consolidate East Africa economic partnership amid global supply chain shifts

As global trade patterns undergo significant realignment and supply-chain resilience becomes a strategic priority, India’s economic engagement with East Africa is emerging as an increasingly…

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Posted in Economy

Economists warn fuel, milk price hikes may raise retail inflation by up to 0.42%

Mumbai: The recent increase in fuel and milk prices is expected to push up retail inflation by 0.42 per cent in the coming months, economists…

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Why Sarvam's Vivek Raghavan calls ‘data in motion’ the most valuable asset for AI startups
Posted in Startups

Why Sarvam’s Vivek Raghavan calls ‘data in motion’ the most valuable asset for AI startups

Sarvam AI cofounder Vivek Raghavan believes that “data in motion” — usage data generated by users interacting with artificial intelligence (AI) systems — is emerging…

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India’s exports to China rise 27 pc in Apr; imports up 20.85 pc

New Delhi: India’s exports to China increased by 27 per cent in April, while imports from the neighbouring country rose 20.85 per cent, according to…

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Posted in Economy

India, UK working on British steel issue to operationalise trade pact: Commerce Secy

New Delhi: India and the UK are working on a “unique and creative solution” to address issues arising from Britain’s recent steel safeguard measure, which…

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