Category: Economy
RBI says no to special exposure relaxations for state NBFCs
Mumbai: The Reserve Bank of India (RBI) has rejected calls by stakeholders to continue case-specific exemptions from concentration norms for government-owned NBFCs, saying that doing…
RBI tightens rules on recovery of excess pension payments
Mumbai: The Reserve Bank of India (RBI) on Wednesday directed banks not to recover excess pension payments from government pensioners without first informing them and,…
RBI in wait-and-watch mode, no certainty on rate hike: Governor Sanjay Malhotra
Mumbai: Reserve Bank of India (RBI) governor Sanjay Malhotra on Wednesday said it is too premature to talk about an interest rate hike as the…
S&P cuts India’s FY27 growth forecast to 6.6%, sees inflation at 5.1%
New Delhi: India’s economic growth is expected to decelerate to 6.6% in 2026-27 from 7.7% in the previous financial year, amid energy-related pressures, expectations of…
Goyal heads to UK ahead of India-UK trade pact rollout
New Delhi: Commerce and industry minister Piyush Goyal will visit the UK from June 25 to 27 ahead of the entry into force of the…
India, US inch closer to interim trade pact after fresh talks
New Delhi: India and the US inched closer to an interim trade deal with New Delhi announcing Wednesday that significant headway has been reached during…
Exporters urge govt not to impose curbs on onions
Pune: Onion exporters have urged the Centre to hold back on plans to impose any curbs on overseas shipments after wholesale prices surged at Maharashtra’s…
Goyal meets exporters to discuss ways to boost shipments, leverage FTAs
New Delhi: Commerce and Industry Minister Piyush Goyal on Wednesday met exporters to discuss ways to boost outbound shipments and leverage free trade agreements. “Discussed…
FTA impact, import substitution, rupee payments at SEZ reforms panel meet June 30
New Delhi: A government committee reviewing India’s Special Economic Zone (SEZ) framework will meet industry on June 30 to discuss the impact of India’s free…
Goyal heads to UK ahead of India-UK trade pact rollout
New Delhi: Ahead of the entry into force of the India-UK Comprehensive Economic and Trade Agreement (CETA) and the companion Double Contribution Convention (DCC) on…