Category: Economy
South Korea’s Lee to seek big boost in economic ties in summit with PM Modi
SEOUL: South Korean President Lee Jae Myung heads into talks with Prime Minister Narendra Modi in New Delhi on Monday, aiming for a big boost…
Finance ministry may review MOOWR benefits for battery storage imports
New Delhi: The finance ministry may initiate consultations with the ministries of power and renewable energy this week on continuing customs warehousing benefits under the…
Gig workers social security scheme may have multiple fund managers
New Delhi: The labour ministry is considering a multi-manager model for the proposed social security scheme for gig and platform workers, anticipating that its programme…
Multiple states to borrow Rs 16,900 crore through RBI SGS auction on April 21
New Delhi:The Reserve Bank of India (RBI) has announced that multiple state governments will raise a total of Rs 16,900 crore through the revised auction…
CII suggests GIS-enabled land bank, uniform stamp duty to speed up acquisition
The Confederation of Indian Industry (CII) has pitched for the creation of a unified national industrial land bank with a computer-backed facility to offer real-time…
Govt may hike FDI limit in pension sector; Bill likely in Monsoon Session
The government may hike the foreign direct investment (FDI) limit in the pension sector to up to 100 per cent and a Bill in this…
India resilient amid oil shock, may grow 6.8%-7.1% despite global headwinds: SBI Research
New Delhi: India is weathering the latest oil shock and West Asia conflict from a “situation of strength,” with GDP projected at 6.8%-7.1% in FY27…
Cabinet clears Rs 12,980 crore maritime insurance pool to cut costs
New Delhi: The Union cabinet on Saturday approved setting up a Bharat Maritime Insurance Pool (BMIP) with a sovereign guarantee of ₹12,980 crore to ensure…
Rupee depreciation forces Indian firms to adopt Yuan payments, boost local sourcing
Kolkata: Many Indian companies are seeking to mitigate the impact of the rupee’s slide against the dollar by shifting part of their payments for purchases…
Govt clears UP potato buy at Rs 6,500/ton, hikes gram cap in Andhra Pradesh
New Delhi: The Centre has approved the procurement of 20 lakh tonnes of potatoes in Uttar Pradesh at a market intervention price of Rs 6,500.90…