Category: Economy
Not going, bananas: Ramzan ripe time for most-exported fruit but Iran war a spoiler
Pune: Bananas-India’s top fruit export by volume-have become the unlikely casualty of the festering conflict in West Asia. The closure of Strait of Hormuz, the…
US-India trade deal is almost at finish line: US Deputy Secretary of State Landau
New Delhi, The United States will work with India to make sure that its short and long-term energy needs are met, US Deputy Secretary of…
Every $10 per barrel rise in crude oil prices can shave about 0.5% off India’s GDP growth: SMC’s Bharti
New Delhi: Every USD 10 per barrel increase in global crude oil prices could reduce India’s GDP growth by about 0.5 per cent and add…
India seeks US marine cover for Middle East energy cargoes, source says
New Delhi: India is in talks with the United States to secure marine cover for vessels shipping oil from the Middle East, as New Delhi…
CIC advises Income Tax Dept: Institutionalise taxpayer-friendly grievance redressal
New Delhi: The Central Information Commission (CIC) has advised the Income Tax Department to “institutionalise a taxpayer-friendly mechanism“, flagging that taxpayers are often made to…
India’s $98 billion imports in hot water as West Asia tensions heat up
A storm brewing in the Gulf could soon hit Indian homes, farms, and factories. Rising tensions in West Asia are threatening the flow of energy,…
Rice exporters urge govt to recognise Iran crisis shipping disruption as force majeure
The Indian Rice Exporters’ Federation (IREF) has requested the government to issue an official advisory/notification recognising the current Iran-crisis-linked shipping/logistics disruption as a force-majeure-type /…
Strait of Hormuz tensions threaten 41% of India’s tea exports: TAI
Guwahati: Shailja Mehta, President Tea Association of India (TAI) stated that amidst reports of closure of Straits of Harmouz, the assurance from United States on…
RBI deputy governor warns governance lapses behind financial failures
Governance failures, rather than lack of knowledge, are at the root of many financial crises, Reserve Bank of India (RBI) Deputy Governor J. Swaminathan said,…
India looking at alternative markets to buy gas; Australia, Canada offered to sell amid West Asia conflict: Govt sources
New Delhi, Australia and Canada have offered to sell gas to India as the country looks for other alternative energy sources amid the escalating West…