Category: Economy
India, Singapore discuss ways to boost trade, investments: Commerce ministry
Commerce and Industry Minister Piyush Goyal, who was on a three-day official visit to Singapore, met businesses and leaders to discuss ways to boost bilateral…
Indian states to raise Rs 2.82 lakh crore through debt in current quarter, RBI says
The Reserve Bank of India (RBI) on Friday revealed that the state governments and union territories are expected to borrow Rs 2.82 lakh crore through…
Niti Aayog moves to simplify tax for foreign firms
NITI Aayog has proposed a simplified and optional presumptive tax scheme for permanent establishments in India, aimed at reducing discretion and litigation, simplifying compliances and…
Gold prices new barometer of global uncertainty like crude oil in past, RBI Governor Malhotra says
RBI Governor Sanjay Malhotra on Friday said perhaps gold price is acting as a new barometer reflecting global uncertainties as the crude oil used to…
India’s forex reserves down $2.3 billion to $700.24 billion for week ending September 26
India‘s foreign exchange reserves stood at $700.24 billion as on September 26, data released by the RBI on Friday showed. For the previous week, India’s…
India allows exports of de-oiled rice bran after two-year ban
India on Friday lifted its ban on exports of de-oiled rice bran with immediate effect, ending restrictions that had been in place for more than…
NHAI to install information sign boards along national highways
The National Highways Authority of India (NHAI) will install project information sign boards with ‘Quick Response (QR) Codes’ along the National Highway stretches to provide…
RBI proposes to ease external borrowing rules to boost credit flow
India’s central bank on Friday proposed linking corporate foreign borrowing limits to financial strength and scrapping cost caps on most such debt in a push…
Global trade policy environment could ‘permanently damage’ some economies, RBI Governor says
The current global trade policy environment could inflict long-term harm on growth in certain economies, Reserve Bank of India Governor Sanjay Malhotra said on Friday,…
Govt lifts export ban on de-oiled rice bran
The government on Friday announced the lifting of the export ban on de-oiled rice bran, used in the cattle feed industry. Edible oil industry body…