Category: Economy
October business activity eases to five-month low as services slow down
Growth in India’s private sector eased to a five-month low in October amid a slowdown in the services economy, even as the drag from US…
Market outreach: 26 countries identified to expand rice exports
India has identified 26 nations, including Japan, Indonesia and Saudi Arabia, where it wants to expand its rice exports. Certain varieties of rice which are…
India, US ‘very close’ to sealing trade pact: Both sides converge on core issues, legal language being finalised amid tariff uncertainties
India and the US are “very near” to concluding their proposed bilateral trade agreement (BTA), as both sides are converging on most issues and working…
India looks to increase rice exports to 26 markets: APEDA Chairman
Rice exports are growing at a healthy rate and the country looks to increase shipments to 26 global markets, including the Philippines, Indonesia, the UK…
Indian envoy Kwatra discusses bilateral ties, trade deal with US Senator
Discussions on India-US ties including a proposed trade agreement and cooperation on shared challenges in the Indo-Pacific region, were held between Indian Ambassador to the…
High-level EU trade delegation to visit India next week with focus on FTA
A seven-member high-powered trade delegation of the European Union (EU) will visit India next week to push for finalising the long-awaited bilateral free trade agreement…
RBI draft circular: Banks’ capital market exposure to be limited to 20% of tier 1 capital
The Reserve Bank of India (RBI) on Friday released a draft circular proposing limits on banks’ exposure to capital markets and acquisition finance, aimed at…
Forex reserves rise by USD 4.5 billion to hit USD 702.28 billion: RBI
India’s foreign exchange reserves rose by USD 4.496 billion to USD 702.28 billion for the week ending 17 October, mainly driven by an increase in…
India expands oil palm cultivation to 52,113 hectares this fiscal, led by Telangana and Andhra Pradesh
India has brought 52,113 hectares under oil palm cultivation so far this financial year, with most expansion in Telangana and Andhra Pradesh, a senior government…
India, US ‘very near’ to a trade agreement: Official
India and the United States are “very near” to concluding the proposed bilateral trade agreement (BTA) as both the sides are converging on most of…