Category: Economy
India, Oman hold 14th Strategic Consultative Group meeting
The 14th round of India-Oman Strategic Consultative Group (IOSCG) meeting was held in Muscat, Oman, the Ministry of External Affairs said on Thursday. The meeting…
Formulations driving drug export growth: Pharmexcil chairman Namit Joshi
India’s pharmaceutical exports are poised to scale a new high of $32 billion despite sluggish growth in the US market and intense global scrutiny over…
Health & national security cess only on demerit goods like pan masala, not essentials, says Nirmala Sitharaman
New Delhi: Finance minister Nirmala Sitharaman Thursday said the proposed health and national security cess will be levied only on demerit goods such as pan…
Sberbank plans to go big in India, move rupee surplus into G-Secs
NEW DELHI: Russia’s Sberbank plans to step up its India presence, eyeing retail expansion in 10 cities and a new data centre to support its…
India, Russia eye trade boost with more diversified basket
New Delhi: India and Russia are looking to expand and diversify bilateral trade, targeting $100 billion by 2030. Both nations are also mulling ways to…
Fitch raises FY26 growth forecast to 7.4% from 6.9%
New Delhi: Fitch Ratings Thursday raised India’s FY26 gross domestic product (GDP) growth forecast to 7.4% from 6.9%, citing higher consumer spending driven by strong…
To become global reinsurance hub, GIFT City must offer global regularity clarity
Mumbai: India’s ambition to position Gujarat International Finance Tec-City (GIFT City) as a global reinsurance hub is finally gathering scale, with more than 10 international…
Indians returning from US may face higher tax as treaty benefit wanes
A tax shadow looms over professionals returning to India from the US, retirees moving back after decades, or former US employees working remotely from here….
US team likely to visit India next week for trade talks: Sources
A team of officials from the US is expected to visit India next week for talks on the proposed bilateral trade agreement, sources said on…
India urges Russia to approve 32 seafood processing units for supplies
India on Thursday said Russia’s approval of 128 Indian seafood processing units for exports reflects growing trust between the countries, and urged Moscow to clear…