Category: Economy

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Swiss chocolates and watches get cheaper as India-EFTA trade pact kicks in

The trade agreement between India and the four-nation European bloc EFTA came into force on Wednesday, under which the country has received an investment commitment…

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Forex rules relaxed to help export, import processing
Posted in Economy

Forex rules relaxed to help export, import processing

MUMBAI: The Reserve Bank of India (RBI) on Wednesday relaxed foreign exchange management rules to provide exporters and importers more flexibility amid rising global trade…

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Overseas borrowing may soon get easier and cheaper for Indian companies

MUMBAI: The central bank is working to relax rules on external commercial borrowings (ECBs), making it easier and cheaper for Indian companies to raise money…

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Rupee pushed to the front in cross border transactions

The central bank Wednesday proposed measures to push the use of the rupee in trades beyond home and make the currency more widely used in…

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Hopeful to sign trade pact with EU soon: Piyush Goyal

Commerce and Industry Minister Piyush Goyal on Wednesday expressed hope that India and 27-nation bloc European Union (EU) will sign a free trade agreement soon….

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Would like to have a bilateral investment treaty with India: Swiss Minister

Swiss State Secretary for Economic Affairs Helene Budliger Artieda on Wednesday pitched for a bilateral investment treaty with India, following the USD 100 billion investment…

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MoS textiles & MEA in Moscow as India eyes Russian textile market

Minister of Textiles and External Affairs Pabrita Margherita is travelling to Moscow beginning on Wednesday with India eyeing the Russian market for Indian textile exporters…

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Govt raises wheat MSP by 6.59% to Rs 2,585 per quintal for 2026-27

The government on Wednesday announced a 6.59 per cent increase in the minimum support price (MSP) for wheat to Rs 2,585 per quintal for the…

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25 offshore crypto exchanges face govt action, including Huione, CEX.IO, BingX

India’s financial watchdog launched a fresh crackdown on cryptocurrency platforms on Wednesday, issuing notices to 25 offshore Virtual Digital Asset Service Providers (VDA SPs) for…

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India, EFTA trade pact comes into force: Piyush Goyal

The free trade agreement between India and the four European nations bloc EFTA has come into force, Commerce and Industry Minister Piyush Goyal said on…

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