Category: Economy
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…
Parliament approves Central Excise (Amendment) Bill, 2025 to levy excise duty on tobacco
Parliament on Thursday approved a bill to levy a higher excise duty on tobacco and related products once the GST compensation cess ends, with the…
Strength, resilience and opportunities: Key mantras as India Russia look at strengthening strategic partnership
India and Russia’s strong relationship has withstood several global uncertainties and challenges. The two nations have a comprehensive strategic partnership including in nuclear, space, and…
Falling rupee makes imports costlier, fuels inflation: Experts
A depreciating rupee will help exporters and the IT sector, but make imports costlier, thus fuelling inflation, according to experts. As the rupee plunged below…
Putin’s India visit aims to narrow trade gap, expand exports & seal key deals in shipping, healthcare and connectivity: Sources
Russian President Vladimir Putin’s two-day India visit is being viewed by Indian officials as a major push toward closer economic ties, with both sides preparing…
‘Huge opportunities’: Piyush Goyal urges boost in Indian exports to Russia amid $59B deficit
Commerce and Industry Minister Piyush Goyal on Thursday said there are huge opportunities to expand bilateral trade between India and Russia and work towards making…
India targets autos-to-electronics export surge to Russia as Putin set to arrive
India expects to widen its range of exports to Russia and increase sales of automobiles, electronics goods, textiles and machinery, Reuters reported citing India’s Trade…