Category: Economy
RBI allows gradual device restrictions for EMI defaults, eases recovery agent disclosure norms
The Reserve Bank of India (RBI) has allowed lenders to gradually restrict the functionality of mobile phones, tablets and laptops bought through EMI financing when…
India’s latest trade deals to open new global markets for Arunachal farmers, manufacturers: Piyush Goyal
New Delhi: India’s recent trade agreements will create wider global market opportunities for farmers, metal producers and manufacturers in Arunachal Pradesh, Union Commerce and Industry…
Indian July consumer inflation likely edged higher on food prices: Reuters poll
Indian consumer inflation likely rose in July, notching a second consecutive month above the RBI’s 4% medium-term target, as food prices edged higher, a Reuters…
India on track to exceed key fundraising goal on state-firm stake sales
NEW DELHI: India expects to exceed this fiscal year’s goal of raising Rs 80,000 crore ($8.4 billion) through the sale of stakes in state-run firms…
US envoy Sergio Gor meets key industry leaders to advance US-India collaborations
New Delhi: US Ambassador to India Sergio Gor met industry leaders and government representatives on Friday to advance US-India collaborations across advanced manufacturing, technology, space,…
RBI’s FCNR(B) scheme attracts $41 billion, Jefferies says inflows may double to $80-100 billion
New Delhi: The Reserve Bank of India‘s (RBI) Foreign Currency Non-Resident Bank (FCNR-B) deposit scheme has attracted stronger-than-expected inflows, with around USD 41 billion mobilised…
Tariff rationalisation set to continue, more steps likely in FY28 Budget: FM
New Delhi: Finance minister Nirmala Sitharaman on Thursday said the government will continue to rationalise India’s import tariff structure and is likely to announce further…
India can raise per capita income six-fold by ’47: NITI Vice Chairman
New Delhi: India can increase its per capita income more than six-fold over the next two decades, making its goal of becoming a developed economy…
Parl panel for early conclusion of India-US trade pact, tariff exemptions on key goods
New Delhi: India should conclude the proposed Bilateral Trade Agreement (BTA) with the US at the earliest while ensuring that its interests are adequately protected,…
India, Brazil must join hands to defend multilateralism amid tariffs: Brazilian Trade Minister Márcio Fernando Elias Rosa
New Delhi: India and Brazil must join hands to defend multilateralism and World Trade Organisation amid unilateral imposition of tariffs, Brazil’s Industry & Trade Minister…