Category: Economy

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UK-India free trade deal to kick in on July 15, cutting tariffs by over $480 mn in year one

The United Kingdom and India on Wednesday announced that their landmark Free Trade Agreement (FTA) will enter into force on July 15, less than a…

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Maharashtra advises farmers to do fodder planning to avoid a potential shortage due to El Nino

The Maharashtra government has advised its farmers to pay special attention to fodder planning as the El Nino can possibly create a fodder shortage. “The…

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India-EU free trade deal to be inked by year-end: Ursula von der Leyen

Evian-Les-Bains (France): India and the European Union will sign the ambitious free trade agreement by the end of this year, top EU leader Ursula von…

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RBI temporarily eases FCNR(B), NRE deposit rate norms to attract overseas funds

The Reserve Bank of India (RBI) on Wednesday temporarily relaxed interest rate restrictions on certain non-resident deposits, giving banks greater flexibility to offer higher returns…

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‘We did it’: Modi, Starmer caught on mic hinting at breakthrough in UK-India trade deal

Prime Minister Narendra Modi and UK Prime Minister Keir Starmer were caught on a microphone at the G7 summit in France appearing to signal a…

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Why a strong El Niño leaves tropical commodities acutely exposed

LONDON/NEW YORK: Global forecasters say a strong El Nino weather pattern is increasingly likely to develop in the second half of the year, boosting temperatures,…

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India takes the shine off silver as imports plunge 82% in May after duty hike

India’s silver imports crashed 81.6% in May, marking an abrupt reversal after a record-breaking year, as higher import duties and licensing restrictions imposed by the…

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India delivers 5 tonnes of medical aid to Afghanistan under humanitarian assistance

New Delhi [India], June 17 (ANI): India on Wednesday delivered five tonnes of essential medicines to Kabul under humanitarian assistance. Official Spokesperson for the Ministry…

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India, Canada agree to conclude free trade pact talks by year-end

India and Canada on Tuesday agreed to conclude negotiations for a free trade agreement by the year-end as Prime Minister Narendra Modi held wide-ranging talks…

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Posted in Economy

Govt fundraising drive hits high gear

New Delhi | Mumbai: The government’s bid to shore up its non-tax revenue got off to a strong start, with public asset monetisation in two-and-a-half…

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