Category: Economy
Tiruppur garment orders drop 15% as US, Europe demand weakens amid Iran War
Kolkata: Orders from the US and Europe for Tiruppur’s apparel manufacturers fell 15% in March compared with a year earlier, as buyers in those markets…
Mudra loans cross Rs 40 lakh crore, Nirmala Sitharaman hails MSME credit push
New Delhi: Finance minister Nirmala Sitharaman said on Wednesday that the Pradhan Mantri Mudra Yojana (PMMY) has been instrumental in reshaping the credit landscape for…
Piyush Goyal urges exporters to tap India-US portal to boost trade
Commerce and Industry Minister Piyush Goyal on Wednesday urged exporters and businesses in India and the US to make greater use of the India-US trade…
RBI holds repo rate, flags supply chain risks to inflation & growth
Mumbai: The Reserve Bank of India (RBI) Wednesday kept its key policy rate unchanged amid the ongoing West Asia crisis, warning that supply chain disruptions…
IBBI panel suggests project-wise insolvency resolution for real estate sector
A panel set up by the insolvency regulator has suggested that the bankruptcy proceeding be restricted to only stressed projects of a real estate developer…
Foreign Secretary Vikram Misri launches India-US trade Facilitation Portal
Washington, Foreign Secretary Vikram Misri on Wednesday launched the India-US Trade Facilitation Portal here as the two countries eye the $500 billion bilateral trade target….
RBI to simplify onboarding process for MSMEs on TReDS
Mumbai, The Reserve Bank on Wednesday proposed to drop the due diligence requirement for MSMEs to onboard TReDS platforms to promote ease of doing business…
NITI Aayog lays out roadmap for horticulture transformation in J&K
NITI Aayog has proposed a mission project ‘Operation Golden Greens’ for horticultural transformation in the union territory of J&K, aimed at enhancing India’s exports in…
RBI sees BoP improving despite oil risks, remittances to stay strong
Kolkata: The central bank expects India’s balance of payment (BoP) situation to improve, although elevated crude oil prices could initially widen the current account deficit…
India’s attractiveness as investment destination to improve this year: RBI DG Gupta
Mumbai, The relative attractiveness of India as an investment destination is likely to improve this year due to various factors, like strong macroeconomic fundamentals and…