Category: Economy

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India-UK sign Terms of Reference to reposition the Joint Economic and Trade Committee (JETCO)

India and the United Kingdom on Thursday announced the signing of the Terms of Reference to reposition the Joint Economic and Trade Committee (JETCO). Commerce…

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China seeks India’s assurance on no heavy rare earths diversion to US

New Delhi: China is seeking guarantees from India that the heavy rare earth magnets supplied by it will not be re-exported to the US and…

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RBI ready to do heavy lifting on loan risk weights

Mumbai: In a move aimed at encouraging disciplined credit behaviour and freeing up more capital for banks to lend, the Reserve Bank of India has…

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‘Want to enact India-UK deal ASAP’: PM Kier Starmer during Mumbai visit

UK Prime Minister Keir Starmer said he wanted the trade deal with India to be implemented as soon as “humanly possible” as he landed in…

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SEZ units seek QCO relief, local sale flexibility

New Delhi: Developers and units of special economic zones (SEZ) have sought exemption from quality control orders, minimum import price and port restrictions so that…

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RBI unveils four digital payments initiatives

Mumbai: The RBI launched four digital payments initiatives for customer convenience at Global Fintech Fest. The regulator launched AI based UPI HELP which provides assistance…

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MoSPI explores data partnership with fintech to boost innovation

The statistics ministry secretary on Wednesday chaired a closed-door meeting with fintech industry representatives on exploring collaboration with fintechs to strengthen the national statistical system…

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US Congress urges Trump to reset and repair ties with India after tariff escalation

Washington: A group of members of the United States Congress on Wednesday (Local Time) wrote to President Donald Trump urging him to take immediate steps…

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India developing into key growth engine while China decelerating steadily: IMF chief

International Monetary Fund Managing Director Kristalina Georgieva on Wednesday praised India for developing into a key growth engine, amid changing global growth patterns. “Global growth…

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Govt grants exemption to certain steel imports from QCOs

The government has granted certain steel imports, such as square tins for ghee, edible oils, steel tubes for structural purposes, and stainless steel utensils, an…

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