Category: Economy
White House adviser declines to link Russia sanctions bill with India trade talks
A senior White House economic adviser declined to say whether a proposed US sanctions bill targeting buyers of Russian oil could affect ongoing trade negotiations…
US cos see growing business interest in India as bilateral trade crosses $240 billion, says envoy Gor
American companies are deepening their engagement with India, with bilateral trade between the two countries expanding more than twelvefold over the past decade to exceed…
India amends FDI rules to boost e-commerce for small businesses, artisans, farmers, and fishermen: Union Minister Piyush Goyal
Union Commerce and Industry Minister Piyush Goyal said on Friday that India has amended its foreign direct investment (FDI) regulations to facilitate large-scale e-commerce trade…
India’s import dependence continues to be shaped by economic growth, manufacturing base: Govt to Parl
India’s import dependence continues to be shaped by the country’s rapid economic growth, industrialization, urbanization, expanding manufacturing base, and deeper integration with global value chains,…
Onion, chicken prices make home-cooked meals costlier in July: Report
The cost of preparing a home-cooked vegetarian thali rose 4% year-on-year in July, while a non-vegetarian thali became 9% more expensive, driven by higher prices…
India, Russia discuss Vande Bharat, SJ-100 aircraft, UAVs to deepen industrial ties
India and Russia on Friday reviewed progress in their industrial cooperation and explored expanding collaboration in sectors ranging from railway infrastructure and aerospace to critical…
More exporters leveraging benefits of free trade pacts: Govt
New Delhi: Issuance of certificates of origin, a key document to avail free trade agreement benefits, has more than doubled from 3.6 lakh in 2021-22…
India’s forex reserves jump $10.5 billion to over two-month high of $692.87 billion as of July 31
India’s foreign exchange reserves surged by $10.51 billion to $692.87 billion in the week ended July 31, pushing the country’s reserves to their highest level…
EXIM Bank to be implementing agency for interest subvention support for exporters: DGFT
New Delhi: The commerce ministry on Friday said the EXIM Bank will be the implementing agency for interest subvention support for pre- and post-shipment export…
India reviewing bilateral investment treaty overhaul to boost foreign investment: Official
New Delhi: India is reviewing its model bilateral investment treaty and the country’s cabinet will decide on changes soon, a senior finance ministry official said…