Category: Economy

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China’s Russian oil imports to hit new record in February as India cuts back

SINGAPORE: China‘s Russian oil imports are set to climb for a third straight month to a new record high in February as independent refiners snapped…

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“FTA is another step in the deep relationship we have with India”: New Zealand Minister Shane Reti

New Delhi: New Zealand’s Minister for Science and Technology Shane Reti on Monday called the newly concluded India-New Zealand Free Trade Agreement (FTA) a significant…

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India wholesale inflation at 9-month high of 1.81% in January; up from 0.83% in December

India’s wholesale price inflation (WPI) ticked up to a nine-month high of 1.81% in January from 0.83% in December, government data showed on Monday. The…

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A bite too big? Orchard anxiety for farmers as US apples could crowd Indian shelves

India’s apple economy — the backbone of livelihoods across the Himalayan belt — is entering a decisive phase as a proposed trade deal with the…

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India’s sugar exports reach 2.01 lakh tonnes till February in 2026 MY: AISTA

New Delhi: India has exported 2,01,547 tonnes of sugar through February in the current 2025-26 marketing year, with the United Arab Emirates the top destination,…

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India reviews Press Note 3, may ease small FDI entry with de minimis rule

New Delhi: India is reviewing Press Note 3 and may introduce a ‘de minimis’ threshold to allow automatic approvals for small foreign investments, according to…

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Tea industry seeks policy support as rising costs, labour shortage strain margins

Kolkata: India’s tea industry is facing mounting financial stress due to rising input costs, stagnant prices, labour shortages and climate-related risks, prompting planters to seek…

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VB-G RAM G & PMAY-G account for 63 pc of Dept of Rural Development Budget: Report

New Delhi: VB-G RAM G — the scheme set to replace MGNREGA — got the highest share in the Budget for the Department of Rural…

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Moody’s cites Russian crude uncertainty in US trade pact

The US-India interim trade pact eases tariff pressures on exports to America but leaves significant uncertainties over Russian crude oil imports and large-scale US purchase…

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RBI Initiates Talks to Ease Overseas Investment Norms
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RBI initiates talks to ease overseas investment norms

Mumbai: The Reserve Bank of India (RBI) is picking the minds of bankers to smarten the overseas investment (OI) regime. Senior regulatory officials held a…

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