Category: Economy
Govt readies farm safety net with banks, insurers as El Nino looms
New Delhi: The government is working with banks and insurers to expand financial protection for rural households as it prepares for El Nino, the weather…
RBI temporarily withdraws rate caps on FCNR(B), NRE deposits till Sept 30
KOLKATA: The Reserve Bank of India on Wednesday temporarily removed the interest rate ceiling on non-resident deposits allowing banks to go all-out in overseas fund…
UK-India free trade deal to kick in on July 15, cutting tariffs by over $480 mn in year one
The United Kingdom and India on Wednesday announced that their landmark Free Trade Agreement (FTA) will enter into force on July 15, less than a…
UK-India free trade deal to kick in on July 15, cutting tariffs by over $480 mn in year one
The United Kingdom and India on Wednesday announced that their landmark Free Trade Agreement (FTA) will enter into force on July 15, less than a…
Maharashtra advises farmers to do fodder planning to avoid a potential shortage due to El Nino
The Maharashtra government has advised its farmers to pay special attention to fodder planning as the El Nino can possibly create a fodder shortage. “The…
India-EU free trade deal to be inked by year-end: Ursula von der Leyen
Evian-Les-Bains (France): India and the European Union will sign the ambitious free trade agreement by the end of this year, top EU leader Ursula von…
RBI temporarily eases FCNR(B), NRE deposit rate norms to attract overseas funds
The Reserve Bank of India (RBI) on Wednesday temporarily relaxed interest rate restrictions on certain non-resident deposits, giving banks greater flexibility to offer higher returns…
‘We did it’: Modi, Starmer caught on mic hinting at breakthrough in UK-India trade deal
Prime Minister Narendra Modi and UK Prime Minister Keir Starmer were caught on a microphone at the G7 summit in France appearing to signal a…
Why a strong El Niño leaves tropical commodities acutely exposed
LONDON/NEW YORK: Global forecasters say a strong El Nino weather pattern is increasingly likely to develop in the second half of the year, boosting temperatures,…
India takes the shine off silver as imports plunge 82% in May after duty hike
India’s silver imports crashed 81.6% in May, marking an abrupt reversal after a record-breaking year, as higher import duties and licensing restrictions imposed by the…