Category: Economy
India continues to buy “huge quantities of Russian feedstock”: Russian envoy Alipov
Russian ambassador to India Denis Alipov has said that India continues to buy “huge quantities of Russian feedstock,” state media reported on Wednesday. In an…
India rapeseed plantings to hit record highs due to favourable weather, Chinese demand
India’s rapeseed planting is expected to hit a new high this year due to record Chinese buying of rapeseed meal and above-average rainfall that resulted…
India and New Zealand seek ‘Win-Win’ trade ties with long-term vision
India and New Zealand on Wednesday reiterated their commitment to strengthening trade and economic cooperation, with Union Minister of Commerce and Industry Piyush Goyal stressing…
India’s imports of seamless pipes, tubes from China rise two-fold in FY25
Imports of seamless pipes and tubes from China have increased by more than two-fold annually to 4.97 lakh metric tonnes in FY25, according to domestic…
Piyush Goyal reaches New Zealand to review progress of FTA talks
Commerce and Industry Minister Piyush Goyal on Tuesday reached here to meet his New Zealand counterpart Todd McClay for reviewing progress of the negotiations for…
Banks push for Yuan trade in GIFT City as India-China ties warm up
With ties between India and China easing up, the Centre and the International Financial Services Centre Authority (IFSCA) are considering a suggestion by banks to…
Expats in Indian firms must become EPFO members: HC
New Delhi: Expatriates working in Indian companies are required to become members of the Employees’ Provident Fund Organisation (EPFO) and accordingly contribute to the fund…
Finance ministry rejects hike in food subsidy bill, pushes for open market grain sales
New Delhi: The finance ministry has rejected a proposal to raise food subsidy outlay to ₹2.20 lakh crore from ₹2.03 lakh crore in the revised…
India’s top 1% grew wealth share by 62% between 2000 and 2023, says G20 inequality report
New Delhi: The share of the richest 1% in India’s wealth grew 62% between 2000 and 2023, according to a report commissioned by the South…
Have faith in India’s economy, do not give in to foreign bullying: FM Sitharaman
New Delhi: Finance minister Nirmala Sitharaman on Tuesday called on Indians to shun pessimism and believe in the country’s economic resurgence over the past decade,…