Category: Economy
China seeks India’s assurance on no heavy rare earths diversion to US
New Delhi: China is seeking guarantees from India that the heavy rare earth magnets supplied by it will not be re-exported to the US and…
RBI ready to do heavy lifting on loan risk weights
Mumbai: In a move aimed at encouraging disciplined credit behaviour and freeing up more capital for banks to lend, the Reserve Bank of India has…
‘Want to enact India-UK deal ASAP’: PM Kier Starmer during Mumbai visit
UK Prime Minister Keir Starmer said he wanted the trade deal with India to be implemented as soon as “humanly possible” as he landed in…
SEZ units seek QCO relief, local sale flexibility
New Delhi: Developers and units of special economic zones (SEZ) have sought exemption from quality control orders, minimum import price and port restrictions so that…
RBI unveils four digital payments initiatives
Mumbai: The RBI launched four digital payments initiatives for customer convenience at Global Fintech Fest. The regulator launched AI based UPI HELP which provides assistance…
MoSPI explores data partnership with fintech to boost innovation
The statistics ministry secretary on Wednesday chaired a closed-door meeting with fintech industry representatives on exploring collaboration with fintechs to strengthen the national statistical system…
US Congress urges Trump to reset and repair ties with India after tariff escalation
Washington: A group of members of the United States Congress on Wednesday (Local Time) wrote to President Donald Trump urging him to take immediate steps…
India developing into key growth engine while China decelerating steadily: IMF chief
International Monetary Fund Managing Director Kristalina Georgieva on Wednesday praised India for developing into a key growth engine, amid changing global growth patterns. “Global growth…
Govt grants exemption to certain steel imports from QCOs
The government has granted certain steel imports, such as square tins for ghee, edible oils, steel tubes for structural purposes, and stainless steel utensils, an…
NITI proposes Digital ShramSetu mission to empower India’s 490 million informal workers
NITI Aayog has proposed a national mission to empower India’s over 490 million informal workforce through frontier technologies. Under this, a technology driven bridge called…