Category: Economy
India opposes China-led investment pact in WTO
New Delhi: India on Saturday said it has strongly opposed the contentious China-led Investment Facilitation for Development (IFD) Agreement for its incorporation into the WTO…
India supports draft WTO fish declaration, says subsidised industrial fleets cause overfishing
New Delhi: India on Saturday supported the draft decision of the World Trade Organization (WTO) to continue negotiations to curb subsidies that contribute to overcapacity…
WTO members bypass opposition to introduce world’s first baseline digital trade rules
A group of World Trade Organization members agreed on Saturday to sidestep adoption hurdles for the world’s first baseline on digital trade rules, opting to…
India warns of growth risks from Middle East conflict as energy costs rise
India faces downside risks to its growth forecast of 7.0% to 7.4% for the next fiscal year starting April 1, due to higher energy costs…
FinMin flags growth risks for India as Middle East war ups energy costs
India faces downside risks to its growth forecast of 7.0% to 7.4% for the next fiscal year starting April 1, as higher energy costs and…
Sharp divide over e-commerce moratorium on customs duties in WTO: GTRI
New Delhi: There is a sharp divide in the ongoing ministerial conference of the World Trade Organisation (WTO) in Cameroon over the e-commerce moratorium on…
WTO is relevant, necessary guardrails must in place before plurilaterals’ inclusion: India
New Delhi: India on Saturday stated that necessary guardrails have to be in place before taking further the discussion on including plurilaterals into the framework…
In hawala universe, it’s a partial eclipse of dollar
Mumbai: Away from the dust, death and debris of the war, a strange story is playing out in the underbelly of the Indian money market….
RBI tightens norms on net open positions to curb rupee’s slide
Kolkata\Mumbai: The Reserve Bank of India has capped banks’ net open positions in the rupee at $100 million at the end of each business day,…
Forex kitty slips below $700 billion as bullion loses some sheen
Mumbai: India’s foreign exchange reserves fell by $11.4 billion to $698 billion in the week ended March 20, due to the revaluation of gold prices…