Month: December 2025
RBI seeks comments from stakeholders on draft circular on disclosure of forex transactions
Reserve Bank on Tuesday came out with a draft circular on disclosure of foreign exchange transaction cost with a view to promoting greater transparency in…
India, EU to intensify efforts for early conclusion of FTA talks
India and the EU have agreed to intensify efforts for early conclusion of negotiations on the proposed free trade agreement (FTA), an official statement said…
RBI Governor urges banks to pass on rate cuts to support sustainable growth
Reserve Bank of India (RBI) Governor Sanjay Malhotra on Tuesday held a meeting in Mumbai with the managing directors and CEOs of public sector banks…
IIT Bombay incubator launches Rs 250 crore deeptech fund, to back 30 startups
IIT Bombay’s incubator, the Society for Innovation and Entrepreneurship (SINE), has launched a Rs 250-crore deeptech fund which aims to provide early-stage capital. The Y-Point…
Govt mitigating impact of US tariffs on Indian exports: Prasada
The government on Tuesday said it is working to mitigate the impact of the US tariffs on the country’s exports through a multi-pronged strategy including…
Fertiliser import likely to jump 41% in FY26 on strong monsoon demand: FAI
India’s fertiliser imports are estimated to jump 41 per cent to 22.3 million tonnes in the 2025-26 fiscal year due to a surge in domestic…
Warburg Pincus-backed Whatfix lays off 6% of staff; trims sales, marketing roles
Software-as-a-service (SaaS) company Whatfix has laid off around 60-80 employees, according to three people aware of the development. The Bengaluru-based firm has handed pink slips…
Donald Trump’s basmati bluster: Will it matter to India?
US President Donald Trump‘s statement on Indian rice has led to tanking of rice stocks on Indian bourses on Tuesday. Trump’s hinting at a possibility…
India’s import bill is likely to rise. Courtesy love for gold & gadgets amid rupee pain
India’s import bill is rising sharply once more, driven by a combination of a weakening rupee, elevated global prices for gold and crude oil, and…
Higher tariff on Indian rice will burden US consumers, India looking for new markets: Experts
The Indian Rice Exporters Federation (IREF) has said that the impact of US tariffs on rice imports from India is likely to be passed on…