Category: Economy
Gold, silver import surge pushes India’s January trade deficit to 3-month high of $34.68 billion
NEW DELHI: India’s goods trade deficit in January widened to a three-month high of $34.68 billion from $23.43 billion a year ago. Imports, driven by…
FM Nirmala Sitharaman to push biopharma, semiconductor missions in Norway
New Delhi: Finance minister Nirmala Sitharaman will huddle with Norwegian industry captains to explore long-term capital investments and interact with senior representatives of cutting-edge startups…
Unemployment rate up a tad to 5% in January, higher rise for females
New Delhi: India’s unemployment rate increased slightly to 5% in January from 4.8% in December last year, with joblessness rising more sharply among women than…
Wholesale inflation touches 10-month high of 1.8% in January
New Delhi: India’s wholesale inflation hit a 10-month high of 1.81% in January, increasing from 0.8% in the preceding month, driven by higher prices of…
Govt plans ‘Champion CPSEs’ for Viksit Bharat by 2047, NITI Aayog roadmap soon
New Delhi: The government is finalising a road map to create “champion” central public sector enterprises (CPSEs) that would help India realise its goal to…
India-US trade deal: Trade team heading to Washington next week for legal pact
New Delhi: India’s chief negotiator for trade talks with the US, Darpan Jain, will lead a delegation to Washington next week to finalise the legal…
RBI governor Malhotra urges MSMEs to formalize, digitize, and maintain credit discipline for resilience
The Reserve Bank of India Governor Sanjay Malhotra on Monday told small business units classified as micro, small and medium enterprises (MSMEs) to pursue formalisation,…
Digital trade chapter not in India-US interim trade pact; to be taken up in BTA, says official
New Delhi: India and the US have not negotiated a chapter on digital trade in the interim trade pact, and it will be taken up…
US, EU trade deals could unlock $400 billion for India’s agri sector
New Delhi: Trade agreements with the US and the 27-nation bloc European Union (EU) have opened up an opportunity of USD 400 billion for India’s…
India, UK making genuine effort to see if FTA can be operationalised in April: Commerce Secy
India and the UK are making a “genuine” effort to see if the bilateral free trade agreement can be operationalised in April this year, Commerce…