Category: Economy
India to study US Sanctions Act: Piyush Goyal
New Delhi: India will study the US’ Lindsey Graham Sanctioning Russia and Iran Act of 2026 and its possible impact on India, commerce and industry…
FM Nirmala Sitharaman clarifies UPI MDR charges won’t affect consumers, hits out at opposition over misinformation
Union Finance Minister Nirmala Sitharaman on Monday said Merchant Discount Rate (MDR) charges on Unified Payments Interface (UPI) transactions will not be passed on to…
India New Zealand FTA: New Zealand route won’t help third-country goods claim India FTA benefits: Here’s what changes
Goods from third countries entering the Indian market through New Zealand will not be eligible for tariff concessions under the bilateral free trade agreement between…
RBI FCNR(B) deposits: RBI revises FCNR(B) inflows upwards to USD 133 billion after robust response from NRIs
The Reserve Bank of India has upwardly revised the amount mobilised under its special Foreign Currency Non-Resident (FCNR-B) deposit scheme to around USD 133 billion…
India-New Zealand FTA to come into force on October 20: Union Minister Piyush Goyal
The India-New Zealand Free Trade Agreement (FTA) will come into force on October 20, 2026, providing duty-free access to 100% of India’s exports to New…
RBI forex swap facility: Forex inflows under RBI swap facility rise to USD 143.6 billion
Foreign exchange inflows under the Reserve Bank of India’s special USD-INR forex swap facility have risen to USD 143.60 billion, with Foreign Currency Non-Resident (Bank)…
India’s core sector output slows to 4.8% in August as coal, gas, crude oil and fertilisers contract
India’s core sector output growth slowed to 4.8% year-on-year in August 2026 from 5.0% in July, according to provisional data released by the government on…
India, Canada to hold next round of talks from October 5 for proposed trade pact: Piyush Goyal
The negotiations for a Comprehensive Economic Partnership Agreement (CEPA) between India and Canada are progressing and the next round of talks will be held from…
Who gets the fruits of India’s economic growth? CEA Nageswaran has an answer
India’s economic growth can translate into meaningful transformation only when its gains are shared fairly between workers and corporates, Chief Economic Adviser (CEA) V Anantha…
India soyoil imports to rise to record high on price competitiveness
India’s soyoil imports are likely to surge to a record high in the 2025/26 marketing year as rallies in rival palm and sunflower oils make…