Category: Economy
To become global reinsurance hub, GIFT City must offer global regularity clarity
Mumbai: India’s ambition to position Gujarat International Finance Tec-City (GIFT City) as a global reinsurance hub is finally gathering scale, with more than 10 international…
Indians returning from US may face higher tax as treaty benefit wanes
A tax shadow looms over professionals returning to India from the US, retirees moving back after decades, or former US employees working remotely from here….
US team likely to visit India next week for trade talks: Sources
A team of officials from the US is expected to visit India next week for talks on the proposed bilateral trade agreement, sources said on…
India urges Russia to approve 32 seafood processing units for supplies
India on Thursday said Russia’s approval of 128 Indian seafood processing units for exports reflects growing trust between the countries, and urged Moscow to clear…
RBI issues amendments to update various regulations
The Reserve Bank on Thursday issued clarification regarding prudential treatment of exposures of foreign bank branches operating in India to their group entities, along with…
IMF did not question GDP growth figures: Nirmala Sitharaman on lower grade on national accounts
Finance Minister Nirmala Sitharaman on Wednesday said the International Monetary Fund (IMF) appreciated India’s healthy economic performance and did not question its growth figures. Stating…
Not just Russia, another trade boost is loading for India
Just when Russian President Vladimir Putin has arrived in New Delhi today for the 23rd India-Russia Summit to seal various trade and defence deals, deepening…
RBI orders weekly loan data reporting to credit information cos from April 1, 2026
The Reserve Bank of India has directed all regulated lenders to provide information on their borrower accounts to credit information companies such as Transunion Cibil…
Parliament approves Central Excise (Amendment) Bill, 2025 to levy excise duty on tobacco
Parliament on Thursday approved a bill to levy a higher excise duty on tobacco and related products once the GST compensation cess ends, with the…
Strength, resilience and opportunities: Key mantras as India Russia look at strengthening strategic partnership
India and Russia’s strong relationship has withstood several global uncertainties and challenges. The two nations have a comprehensive strategic partnership including in nuclear, space, and…