Category: Economy

India seeks big investments from UAE: Piyush Goyal
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India seeks big investments from UAE: Piyush Goyal

Dubai: India is aiming for larger investments – both foreign direct investment (FDI) and foreign institutional investment (FII) – from the UAE as both countries…

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After 10-month hiatus, Azerbaijan begins crude oil exports to India

New Delhi: Azerbaijan has resumed crude oil exports to India after a 10-month hiatus, signalling a thaw in bilateral ties, with the two countries sorting…

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Bitumen demand surges 47% in August as road construction activity picks up

Bitumen demand surged 47% in August after decreasing in April-July as rains eased, signalling a recovery in road construction. Consumption increased to 0.42 million metric…

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Income-Tax Department detects ₹700 crore in fraudulent exemption claims

New Delhi: The Income-Tax Department has detected a large number of fraudulent exemption claims by taxpayers and has incorporated additional risk assessment in processing of…

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RBI Governor asks CCIL to create infra for currency trades beyond USD-INR

Given the “broader objective” of rupee internationalisation, RBI Governor Sanjay Malhotra on Friday asked CCIL to create infrastructure for facilitate in currency pairs beyond USD…

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UAE firms keen to invest in Indian infra, banking, startups, logistics sectors: Goyal

The UAE companies are looking at multiple sectors, such as infrastructure, data centres, banking, startups and logistics, in India to increase their investments, Commerce and…

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Argentina can become energy security provider to India: Envoy

Argentina can become an Energy Security provider to India which has an endless demand for energy to fuel its economic growth, Argentine Ambassador to India…

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Piyush Goyal likely to visit Washington soon for trade talks

With the India-US trade talks moving in the right direction, Commerce and Industry Minister Piyush Goyal is expected to visit Washington soon, sources said. The…

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MGNREGA norms relaxed in Himachal due to rain fury, man-days raised from 100 to 150

In the wake of rain-related disasters in several parts of Himachal Pradesh, the norms under the Mahatma Gandhi Rural Employment Guarantee Act (MGNREGA) have been…

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India in advanced talks with Oman for FTA, open to trade deals with other GCC nations: Piyush Goyal

Union Minister of Commerce and Industry Piyush Goyal on Friday said that India is in the advanced stage of negotiating a Free Trade Agreement (FTA)…

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