Category: Economy
MSME rules next month, focus on global value chains
New Delhi: The ministry of micro, small and medium enterprises (MSME) plans to notify rules next month to put new legal provisions for small businesses…
Nirmala Sitharaman calls on multilateral banks to lay BRICS for private infra investment
New Delhi: Finance minister Nirmala Sitharaman on Wednesday said BRICS economies face common structural constraints in mobilising private capital at scale even though they have…
India, S African customs union ink terms to launch trade talks
New Delhi: India and the Southern African Customs Union (SACU) Wednesday signed the Terms of Reference (ToR) to formally launch negotiations for a Preferential Trade…
Bank deposits hit decade-high growth as NRI dollar inflows cross $37 billion
Kolkata: Bank deposits rose 15.4% year-on-year at the end of July, marking the fastest pace in nearly 10 years, as overseas Indians parked about $37…
RBI proposes new interest rate rules for regulated entities, seeks public comments
Mumbai: The Reserve Bank of India (RBI) has asked regulated entities (REs) to harmonize methodology for determining interest rates, including defining the internal benchmark, the…
Inflation likely to rise from here as food prices remain key risk: Experts
New Delhi: India’s retail inflation is expected to rise from current levels in the coming months, driven mainly by food prices but it will likely…
India sets sail to add more trade muscle as it signs PTA terms with SACU
India signed terms of reference (ToRs) with five-member Southern African Customs Union (SACU) on Wednesday, launching negotiations for a preferential trade agreement, as New Delhi…
India needs to step up public investment to attract private investments: Working paper by EAC-PM
Corporate profits and investment in India have recovered after the pandemic, but investment recovery has been comparatively slower due to the limited presence of innovative…
India shifts trade strategy, favours PTAs over FTAs with South Africa, Mercosur & others: Official
New Delhi: India will pursue Preferential Trade Agreements (PTAs) rather than full-fledged Free Trade Agreements (FTAs) with developing economies such as South Africa, opting for…
RBI invites public comments on draft rules to standardise how lenders set interest rates
The Reserve Bank of India on Wednesday issued draft amendments for a proposed harmonised framework for interest rates on loans and advances across banks and…