Category: Economy

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Downward revision of global GDP imminent amid West Asia crisis; inflation is likely to go up

New Delhi: Global economic growth is likely to face downward revisions while inflationary pressures may intensify amid escalating geopolitical tensions and supply disruptions, according to…

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CII’s 20-Point Policy Agenda calls for coordinated fiscal, financial and trade response to West Asia crisis

Confederation of Indian Industry (CII) has commended the Government of India and the Reserve Bank of India (RBI) for a series of timely, well-calibrated and…

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RBI expected to hold rates steady in first monetary policy since West Asia conflict: SBI Report

New Delhi: The Reserve Bank of India (RBI) is likely to keep key policy rates unchanged in its upcoming Monetary Policy Committee (MPC) meeting scheduled…

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If West Asia crisis continues Indian exports to other parts of world will get impacted: Official

Hyderabad: If the West Asia conflict continues, India’s exports to other parts of the world will also be impacted, Central Commerce Secretary Rajesh Agrawal said…

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EU-India FTA may boost India’s competitiveness in some sectors, says EY report on European economic outlook

New Delhi: Europe’s economic outlook remains fragile amid global trade tensions and geopolitical risks, which could have ripple effects on India’s trade and sectoral competitiveness,…

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View: Rupee at 100 will be a harsh check on India’s ambitions

Long before the first missiles were fired in the Middle East, the warning signs of a 2013-style capital exodus were visible in the gap between…

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Delhi High Court asks CBDT to clarify tax on partners’ bonuses, stays recovery

Mumbai: India’s apex authority has been told by the court to step in amid a flurry of orders across the country demanding tax on bonuses…

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Textile exporters urge govt to waive cotton import duty

Pune: Textile and garment exporters have urged the government to remove the 11% import duty on cotton, as a recent surge in domestic prices has…

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Tender reforms introduced in infrastructure projects: PWD Minister

New Delhi, The Delhi government has introduced a reform in the tendering process, making the submission of Earnest Money Deposit (EMD) completely online, PWD minister…

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India’s forex reserves drop $10.3 billion to $688 billion amid currency stabilisation efforts
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India’s forex reserves drop $10.3 billion to $688 billion amid currency stabilisation efforts

Kolkata: India’s foreign exchange reserve has depleted by another $10.288 billion in the week to March 27 as the Reserve Bank of India is said…

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