Month: October 2026
RBI’s sell-buy swaps slow rupee’s fall but push up forward premiums, making hedging costlier for foreign investors
Mumbai: The central bank’s sell-buy swaps, wherein it sells dollars in the spot market with a promise to buy back the units on a future…
Why is OpenAI’s annualized revenue $20 billion below earlier estimates?
OpenAI’s annualized revenue is reportedly around $50 billion as of September. This is about $20 billion lower than the earlier estimate of $70 billion. OpenAI’s…
Black Sea attacks hit yellow peas, sunflower oil supplies to India
Pune: Russia’s exports of yellow peas to India have come to a halt in the past two months following attacks on its ports in the…
Exports to hit $1 trillion this fiscal: Piyush Goyal
New Delhi: Commerce and industry minister Piyush Goyal on Thursday expressed confidence that India would achieve $1 trillion in exports of goods and services in…
India, 14 others ink joint ministerial statement to curb structural excess capacity
India joined 14 other economies including the United States, European Union and the UK in signing a joint ministerial statement to curb structural excess capacity…
India sugar production view slashed as El Nino hits, USDA says
Following are selected highlights from a report issued by the US Department of Agriculture’s Foreign Agricultural Service (FAS) post in New Delhi: Indian sugar production…
‘Faster decisions, lower compliance costs’: PM Modi welcomes new round of GST reforms
New Delhi: Prime Minister Narendra Modi on Thursday welcomed the new round of GST reforms approved by the Goods and Services Tax (GST) Council, saying…
RBI’s first big liquidity mop-up after rate hike falls short as banks park less than half the target
Kolkata: The Reserve Bank of India‘s first major attempt to drain surplus liquidity and improve transmission of its rate hike met with a muted response….
RBI bid to drain surplus liquidity and improve rate transmission sees muted response
Kolkata: The central bank’s first major bid Thursday to drain surplus liquidity and improve transmission of its first rate increase in nearly four years met…
No rate cuts, but big GST relief: 8 reforms on refunds, ITC, registration and enforcement | Explained
The GST Council on Thursday moved beyond rate changes to overhaul how the indirect tax system works for businesses and taxpayers, approving a series of…