Category: Economy
India will do more to boost inflows: Finance Minister Nirmala Sitharaman
New Delhi: Finance minister Nirmala Sitharaman said India would take more steps, over and above those taken by the Centre and the banking regulator, to…
New valuation rules seek fairer outcomes in bankruptcy cases
New Delhi: The bankruptcy regulator on Monday issued a circular stipulating standardised formats and documentation requirements for the valuation of companies undergoing resolution under the…
Hormuz may reopen, but fertiliser relief is still months away for India
New Delhi: Fertiliser availability and prices may take another three to four months to normalise despite an initial agreement between the US and Iran to…
India, UAE step up efforts to expand re-dirham trade
More than 15% of the India-UAE trade has been invoiced in local currencies since the formalisation of the rupee-dirham mechanism nearly three years ago, India’s…
Goldman Sachs cuts India’s 2026 CAD forecast to 1.3% of GDP
New Delhi: Goldman Sachs has turned more optimistic on India’s external position, lowering its current account deficit (CAD) forecast for 2026 to 1.3% of gross…
New series debut: WPI at 9.7% in May; energy costs drive surge; revamped index expands basket to 957 items
New Delhi: India’s wholesale inflation rose to a record 9.7% year-on-year in May, the first reading under the revised Wholesale Price Index (WPI) series that…
Weak monsoon threat looms; food inflation fears rise
New Delhi: Trends show that moderate or stronger El Nino events have often coincided with weak monsoons, said a report by rating agency Care, indicating…
USTR Greer, Piyush Goyal to hold trade pact talks next week
New Delhi: US trade representative Jamieson Greer will meet commerce and industry minister Piyush Goyal during his visit to India on June 23-24 to discuss…
India, Slovakia sign defence cooperation intent, deepen ties
New Delhi: Prime Minister Narendra Modi and Slovak Prime Minister Robert Fico elevated bilateral relations to a comprehensive partnership and the two sides also concluded…
India’s engineering exports jump 24% to USD 12.31 billion in May: EEPC
Kolkata: India’s engineering goods exports jumped 24.48 per cent to USD 12.31 billion in May 2026, from USD 9.89 billion in the year-ago period, industry…