Category: Economy
RBI monetary policy: Currency forward curbs temporary, says Sanjay Malhotra
MUMBAI: The Reserve Bank of India (RBI) said on Wednesday that its recent actions in the non-deliverable forward (NDF) market are temporary and aimed at…
RBI monetary policy: Call below repo to comfort banks
MUMBAI: The Reserve Bank of India (RBI) on Wednesday said call rate levels below the repo rate should not be interpreted as impending rate-cut signals,…
SEZs seek duty relief for three years, higher domestic sales limit
New Delhi: Special economic zone (SEZ) developers and units have urged the government to allow them to sell goods in the domestic market at lower…
Tiruppur garment orders drop 15% as US, Europe demand weakens amid Iran War
Kolkata: Orders from the US and Europe for Tiruppur’s apparel manufacturers fell 15% in March compared with a year earlier, as buyers in those markets…
Mudra loans cross Rs 40 lakh crore, Nirmala Sitharaman hails MSME credit push
New Delhi: Finance minister Nirmala Sitharaman said on Wednesday that the Pradhan Mantri Mudra Yojana (PMMY) has been instrumental in reshaping the credit landscape for…
Piyush Goyal urges exporters to tap India-US portal to boost trade
Commerce and Industry Minister Piyush Goyal on Wednesday urged exporters and businesses in India and the US to make greater use of the India-US trade…
RBI holds repo rate, flags supply chain risks to inflation & growth
Mumbai: The Reserve Bank of India (RBI) Wednesday kept its key policy rate unchanged amid the ongoing West Asia crisis, warning that supply chain disruptions…
IBBI panel suggests project-wise insolvency resolution for real estate sector
A panel set up by the insolvency regulator has suggested that the bankruptcy proceeding be restricted to only stressed projects of a real estate developer…
Foreign Secretary Vikram Misri launches India-US trade Facilitation Portal
Washington, Foreign Secretary Vikram Misri on Wednesday launched the India-US Trade Facilitation Portal here as the two countries eye the $500 billion bilateral trade target….
RBI to simplify onboarding process for MSMEs on TReDS
Mumbai, The Reserve Bank on Wednesday proposed to drop the due diligence requirement for MSMEs to onboard TReDS platforms to promote ease of doing business…