Category: Economy
India, Russia eye trade boost with more diversified basket
New Delhi: India and Russia are looking to expand and diversify bilateral trade, targeting $100 billion by 2030. Both nations are also mulling ways to…
Fitch raises FY26 growth forecast to 7.4% from 6.9%
New Delhi: Fitch Ratings Thursday raised India’s FY26 gross domestic product (GDP) growth forecast to 7.4% from 6.9%, citing higher consumer spending driven by strong…
To become global reinsurance hub, GIFT City must offer global regularity clarity
Mumbai: India’s ambition to position Gujarat International Finance Tec-City (GIFT City) as a global reinsurance hub is finally gathering scale, with more than 10 international…
Indians returning from US may face higher tax as treaty benefit wanes
A tax shadow looms over professionals returning to India from the US, retirees moving back after decades, or former US employees working remotely from here….
US team likely to visit India next week for trade talks: Sources
A team of officials from the US is expected to visit India next week for talks on the proposed bilateral trade agreement, sources said on…
India urges Russia to approve 32 seafood processing units for supplies
India on Thursday said Russia’s approval of 128 Indian seafood processing units for exports reflects growing trust between the countries, and urged Moscow to clear…
RBI issues amendments to update various regulations
The Reserve Bank on Thursday issued clarification regarding prudential treatment of exposures of foreign bank branches operating in India to their group entities, along with…
IMF did not question GDP growth figures: Nirmala Sitharaman on lower grade on national accounts
Finance Minister Nirmala Sitharaman on Wednesday said the International Monetary Fund (IMF) appreciated India’s healthy economic performance and did not question its growth figures. Stating…
Not just Russia, another trade boost is loading for India
Just when Russian President Vladimir Putin has arrived in New Delhi today for the 23rd India-Russia Summit to seal various trade and defence deals, deepening…
RBI orders weekly loan data reporting to credit information cos from April 1, 2026
The Reserve Bank of India has directed all regulated lenders to provide information on their borrower accounts to credit information companies such as Transunion Cibil…