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Posted in Economy

India-NZ FTA in force: Over half of New Zealand’s exports to India now tariff-free, Wellington also eyes Brazil, Canada

Wellington: New Zealand said on Tuesday it will work to deepen trade ties with Brazil and Canada to diversify export markets amid global economic uncertainty,…

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Byju's parent uses Great Learning loan repayment to fund Aakash rights issue
Posted in Startups

Byju’s parent uses Great Learning loan repayment to fund Aakash rights issue

Think & Learn Pvt Ltd (TLPL), the bankrupt parent of edtech platform Byju’s, used part of a loan repayment received from Great Learning Education Services…

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RBI injects Rs 1 lakh crore as liquidity tightens before festive season
Posted in Economy

RBI injects Rs 1 lakh crore as liquidity tightens before festive season

Mumbai: For weeks, India’s central bank had its task-list full, draining excess liquidity after an overwhelming diaspora response to forex-inflow programs. Now, as the festive…

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China curbs spur push for local manufacturing

New Delhi: The Centre will soon hold deliberations with stakeholders on measures needed to mitigate the impact of curbs imposed by China on exports of…

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Finance Ministry to run financial inclusion campaign

New Delhi: The finance ministry will run a nationwide campaign to saturate financial schemes and other key interventions, covering 2.70 lakh gram panchayats and urban…

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RBI tightens scrutiny of $1 billion-plus overseas investments amid rupee pressure

Mumbai: The Reserve Bank of India (RBI) is mounting scrutiny on large-value overseas direct investments (ODIs) by India Inc, amid battle to defend the rupee….

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Uneven rains may keep price of spices elevated

New Delhi: An An uneven monsoon and dry soil conditions across southern India are threatening spice production, raising the risk of tighter supplies and higher…

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India-NZ FTA Comes Into Effect Today
Posted in Economy

India-New Zealand FTA comes into effect today

New Delhi: The free trade agreement (FTA) between India and New Zealand will come into effect October 20, with the two sides setting a target…

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Posted in Economy

CBDT exempts interest payments on rupee-denominated bonds issued by New Development Bank from TDS

The Central Board of Direct Taxes (CBDT) said in a notification issued on October 19 that it has exempted interest payments on rupee-denominated bonds issued…

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Posted in Economy

India-New Zealand FTA kicks in October 20, gives all Indian goods zero-duty access

India’s free trade agreement (FTA) with New Zealand will come into force at 12.01 am on October 20, giving all Indian goods, including leather, footwear,…

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