Category: Economy

Global Central Banks Cut US T-Bill Exposure
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Global central banks cut US T-bill exposure, increase gold reserves

Mumbai: Most countries with top gold reserves have reduced their dollar assets held in US Treasury bills since 2017, the first time Donald Trump took…

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Skill India scheme budget
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Skill financing scheme, Pradhan Mantri Kaushal Mudra Yojana, likely to be unveiled in Budget

New Delhi: India is firming up a new scheme-Pradhan Mantri Kaushal Mudra Yojana (PMKMY)- to fund skilling of the country’s growing workforce, marking a major…

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German foreign minister to meet Piyush Goyal, NATO’s Rutte after postponing China trip

BERLIN: German Foreign Minister Johann Wadephul will meet NATO‘s Secretary General Mark Rutte, Indian Trade Minister Piyush Goyal and other senior policymakers during a trip…

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Domestic consumption expected to cushion India’s growth slowdown in H2: SBICAPS

India’s economic growth in the second half of the current financial year is expected to remain steady, with strong domestic consumption likely to cushion the…

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Maritime sector drives India’s economic surge as 95% of trade moves through sea routes

Nearly 95 per cent of India‘s trade by volume and about 70 per cent by value moves through maritime routes, underlining the sector’s centrality to…

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India, EU set to address non-tariff and market access hurdles during Goyal’s visit this week

India and the EU will discuss key areas of the proposed free trade agreement (FTA) including market access, non-tariff measures and regulatory cooperation, during commerce…

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RBI approves reappointment of C S Rajan as Kotak Mahindra Bank’s part-time Chairman

New Delhi: The Reserve Bank of India (RBI) has approved the reappointment of C S Rajan as Part-Time Chairman of Kotak Mahindra Bank Limited for…

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New CBIC norm eases compliance for importers and customs officials alike

New Delhi: The Central Board of Indirect Taxes and Customs (CBIC) has consolidated 31 separate customs duty notifications into a single comprehensive document, improving compliance…

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31 customs notifications consolidated into 1 to enhance Ease of Doing Business

In a step towards simplification, transparency, and enhancing Ease Of Doing Business, the Central Board of Indirect Taxes and Customs (CBIC) consolidated 31 separate Customs…

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‘Fruitful discussion’: India-US discuss energy trade, ties

The Indian Ambassador to the US, Vinay Mohan Kwatra, held discussions on the India-US energy security partnership and discussed the recent developments in this area….

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