Category: Economy
DGFT relaxes One Star Export House norms, exporters can qualify on performance in any two of three preceding years
The government on Friday relaxed the eligibility criteria for One Star Export House status, allowing exporters to qualify based on their export performance in any…
Foreign trade policy changes to boost rupee internationalisation, add flexibility for exporters: CII’s Sanjay Budhia
New Delhi, The amendment in certain provisions of the Foreign Trade Policy to make it easier for exporters to invoice overseas sales and receive payments…
India’s forex reserves soar by $9.9 billion to $716.90 billion as on August 14
India’s foreign exchange reserves jumped by $9.905 billion to $716.90 billion during the week ended August 14, official data released by the Reserve Bank of…
RBI Board reviews global, domestic challenges, economic outlook risks
Chennai: The Central Board of Directors of Reserve Bank of India (RBI) on Friday reviewed global and domestic challenges, including risks to the economic outlook….
Expensive living? Inflation hits coriander to cars in India
The next time you pick up a packet of biscuits, a tube of toothpaste or a bottle of hair oil, you may find that the…
India gets nearly Rs 5,000 crore FDI after easing rules for Chinese-linked firms
New Delhi: The decision to permit overseas companies with up to 10 per cent Chinese shareholding to invest in India under the automatic route has…
Piyush Goyal pushes for greater India-Singapore economic, investment ties
Singapore: Commerce Minister Piyush Goyal held separate meetings in Singapore to discuss ways to strengthen India-Singapore trade and investment ties across sectors, including healthcare as…
GST registration for big businesses: Centre, states work on uniform documents for faster approvals
New Delhi, The Centre and state tax officers are working on guidelines to bring uniformity in documents that are to be submitted for faster processing…
India, Russia discuss higher education cooperation, identify areas for collaboration
New Delhi: India and Russia discussed potential areas of mutual interest in higher education and reaffirmed their commitment to strengthening cooperation in the sector, the…
India, ADB sign $230 million loan to upgrade Chennai water system
The Government of India and the Asian Development Bank (ADB) on Friday signed a $230 million loan agreement for the Chennai Climate-Resilient Water Security and…