Month: December 2025
India, Russia eye trade boost with more diversified basket
New Delhi: India and Russia are looking to expand and diversify bilateral trade, targeting $100 billion by 2030. Both nations are also mulling ways to…
Fitch raises FY26 growth forecast to 7.4% from 6.9%
New Delhi: Fitch Ratings Thursday raised India’s FY26 gross domestic product (GDP) growth forecast to 7.4% from 6.9%, citing higher consumer spending driven by strong…
To become global reinsurance hub, GIFT City must offer global regularity clarity
Mumbai: India’s ambition to position Gujarat International Finance Tec-City (GIFT City) as a global reinsurance hub is finally gathering scale, with more than 10 international…
Indians returning from US may face higher tax as treaty benefit wanes
A tax shadow looms over professionals returning to India from the US, retirees moving back after decades, or former US employees working remotely from here….
Ex-Paytm exec Varun Sridhar joins Aspora as CEO
Varun Sridhar, who exited One 97 Communications’ Paytm Services earlier this year, has joined Aspora, a fintech platform catering to the Indian diaspora, according to…
US team likely to visit India next week for trade talks: Sources
A team of officials from the US is expected to visit India next week for talks on the proposed bilateral trade agreement, sources said on…
India urges Russia to approve 32 seafood processing units for supplies
India on Thursday said Russia’s approval of 128 Indian seafood processing units for exports reflects growing trust between the countries, and urged Moscow to clear…
RBI issues amendments to update various regulations
The Reserve Bank on Thursday issued clarification regarding prudential treatment of exposures of foreign bank branches operating in India to their group entities, along with…
Fintech firm Zaggle acquires Rio Money for Rs 22 crore; plans to invest Rs 75 crore post-acquisition
Fintech firm Zaggle, which offers spend management services, has acquired Rivpe Technology Private Limited (Rio.Money), a digital banking platform offering UPI-based payment solutions for Rs…
IMF did not question GDP growth figures: Nirmala Sitharaman on lower grade on national accounts
Finance Minister Nirmala Sitharaman on Wednesday said the International Monetary Fund (IMF) appreciated India’s healthy economic performance and did not question its growth figures. Stating…