Category: Economy
India on track to exceed key fundraising goal on state-firm stake sales
NEW DELHI: India expects to exceed this fiscal year’s goal of raising Rs 80,000 crore ($8.4 billion) through the sale of stakes in state-run firms…
US envoy Sergio Gor meets key industry leaders to advance US-India collaborations
New Delhi: US Ambassador to India Sergio Gor met industry leaders and government representatives on Friday to advance US-India collaborations across advanced manufacturing, technology, space,…
RBI’s FCNR(B) scheme attracts $41 billion, Jefferies says inflows may double to $80-100 billion
New Delhi: The Reserve Bank of India‘s (RBI) Foreign Currency Non-Resident Bank (FCNR-B) deposit scheme has attracted stronger-than-expected inflows, with around USD 41 billion mobilised…
Tariff rationalisation set to continue, more steps likely in FY28 Budget: FM
New Delhi: Finance minister Nirmala Sitharaman on Thursday said the government will continue to rationalise India’s import tariff structure and is likely to announce further…
India can raise per capita income six-fold by ’47: NITI Vice Chairman
New Delhi: India can increase its per capita income more than six-fold over the next two decades, making its goal of becoming a developed economy…
Parl panel for early conclusion of India-US trade pact, tariff exemptions on key goods
New Delhi: India should conclude the proposed Bilateral Trade Agreement (BTA) with the US at the earliest while ensuring that its interests are adequately protected,…
India, Brazil must join hands to defend multilateralism amid tariffs: Brazilian Trade Minister Márcio Fernando Elias Rosa
New Delhi: India and Brazil must join hands to defend multilateralism and World Trade Organisation amid unilateral imposition of tariffs, Brazil’s Industry & Trade Minister…
India-Israel investment agreement in force: Modi, Netanyahu discuss enhanced bilateral ties
Prime Minister Narendra Modi, in a telephone call with Israeli PM Benjamin Netanyahu, reviewed the sustained progress in India-Israel Special Strategic Partnership The telephonic conversation…
Indian rice export prices near 10-month high amid El Nino fears and rising domestic paddy costs
Indian rice export prices held near a 10-month high this week, underpinned by rising domestic paddy prices and concerns El Nino could tighten supply, while…
India needs to ease land acquisition process for industries to attract investments: NITI vice-chairman
New Delhi: India needs to ease the process of land acquisition for setting up industries to attract more investments, NITI Aayog Vice Chairman Ashok Kumar…