Category: Economy
India, Africa powerful force for global progress: Jaishankar
Africa is India’s partner and its “priority”, and whether one speaks of a multipolar world order or of a reformed multilateralism, it will happen only…
RBI holds repo rate at 5.25%, raises FY27 growth forecast, cuts inflation outlook
Mumbai: The Reserve Bank of India (RBI) on Wednesday kept the repo rate unchanged at 5.25% in the fourth consecutive policy review meeting, while marginally…
New framework to standardise interest rate rules on the anvil, says RBI
Mumbai: The Reserve Bank of India (RBI) proposes to rationalise the regulatory architecture for setting interest rates for all regulated entities (REs) through a principle-based…
Govt mandates exporter registration for FDI-backed ecommerce inventory exports
New Delhi: An ecommerce company with foreign investment must register as an exporter-on-record (EOR) to hold inventory and can procure and stock goods only against…
Govt drafts customs playbook for 100 imports to streamline FTA benefits
New Delhi: The government is preparing a comprehensive customs playbook for 100 key imported commodities to standardise the faceless customs regime to reduce dispute and…
India’s services growth slows to 4½-year low in July as demand weakens
New Delhi: India’s services sector grew at its slowest pace in nearly four and a half years in July as new business inflows moderated across…
Fertiliser production, imports dip – The Economic Times
New Delhi: India’s production and imports of NP/NPK fertilisers fell sharply in the June quarter, as the West Asia conflict inflated prices of key raw…
NITI Aayog calls for national caregiving framework, social security for caregivers
New Delhi: The NITI Aayog has called for a dedicated policy framework to support India’s ageing population, with a focus on regulating the caregiving ecosystem…
Uzbekistan invites Indian firms for mining, minerals push ahead of PM Modi’s visit
Uzbekistan has invited Indian companies to invest in its mining and metallurgy sector, offering opportunities in gold, copper, uranium, critical minerals and rare earth elements,…
RBI proposes new rules to standardise how lenders set interest rates
The Reserve Bank of India (RBI) proposes to rationalise the regulatory framework on setting interest rates for all regulated entities (REs) on a principle-based basis….