Category: Economy
RBI not in favour of offshore settlement for government securities, sources say
India‘s central bank is not looking to enable direct settlement of government securities via offshore settlement platforms like Euroclear — one of the world’s largest…
India-UK free trade deal to take effect on July 15, opening 99% of exports to tariff-free access
New Delhi: The free trade deal between India and the UK will come into effect on July 15, about 11 months after the pact was…
India, US ‘very close’ to inking a trade deal, says Trump after meet with Modi
New Delhi: Prime Minister Narendra Modi raised the matter of Indian seafarers coming under attack in the Gulf with US President Donald Trump, affirming that…
US buyers keen to stitch deals with Indian apparel exporters
Kolkata | Pune: As prospects of a US-Iran truce brightened, US buyers have resumed enquiries with Indian apparel exporters. However, buyers are seeking discounts of…
Govt readies farm safety net with banks, insurers as El Nino looms
New Delhi: The government is working with banks and insurers to expand financial protection for rural households as it prepares for El Nino, the weather…
RBI temporarily withdraws rate caps on FCNR(B), NRE deposits till Sept 30
KOLKATA: The Reserve Bank of India on Wednesday temporarily removed the interest rate ceiling on non-resident deposits allowing banks to go all-out in overseas fund…
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…
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…
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…
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…