Category: Economy
China to keep imposing anti-dumping duties on Indian single-mode optical fibre imports
BEIJING: China will continue imposing anti-dumping duties on single-mode optical fibre imports from India for another five years starting on Friday, the commerce ministry said…
RBI turns upbeat as worst of Iran war shock recedes
Five months after the Iran war raised fears of an inflation spike and an economic downturn, Indian officials are sounding more confident as the worst…
Ride-hailing aggregators told to remove tipping prompts
New Delhi: The road transport and highways ministry on Wednesday directed motor vehicle aggregators to pull down all pre-trip and mid-trip tipping prompts from their…
MSME rules next month, focus on global value chains
New Delhi: The ministry of micro, small and medium enterprises (MSME) plans to notify rules next month to put new legal provisions for small businesses…
Nirmala Sitharaman calls on multilateral banks to lay BRICS for private infra investment
New Delhi: Finance minister Nirmala Sitharaman on Wednesday said BRICS economies face common structural constraints in mobilising private capital at scale even though they have…
India, S African customs union ink terms to launch trade talks
New Delhi: India and the Southern African Customs Union (SACU) Wednesday signed the Terms of Reference (ToR) to formally launch negotiations for a Preferential Trade…
Bank deposits hit decade-high growth as NRI dollar inflows cross $37 billion
Kolkata: Bank deposits rose 15.4% year-on-year at the end of July, marking the fastest pace in nearly 10 years, as overseas Indians parked about $37…
RBI proposes new interest rate rules for regulated entities, seeks public comments
Mumbai: The Reserve Bank of India (RBI) has asked regulated entities (REs) to harmonize methodology for determining interest rates, including defining the internal benchmark, the…
Inflation likely to rise from here as food prices remain key risk: Experts
New Delhi: India’s retail inflation is expected to rise from current levels in the coming months, driven mainly by food prices but it will likely…
India sets sail to add more trade muscle as it signs PTA terms with SACU
India signed terms of reference (ToRs) with five-member Southern African Customs Union (SACU) on Wednesday, launching negotiations for a preferential trade agreement, as New Delhi…