Category: Economy
India likely to receive Bangladesh-style zero-duty benefits on US cotton: Commerce Ministry
India will receive yarn and cotton-related trade benefits similar to those extended to Bangladesh, the Commerce Ministry said, signaling a potential boost for the country’s…
India’s agri export to US set to jump as 75% of export items now enjoy zero tariff: SBI Report
New Delhi: India’s export to the United States on agricultural commodities is set to witness a significant jump as 75 per cent of such exports…
India-US trade deal: New Delhi’s trade surplus with Washington may cross $90 billion within a year, says SBI Report
New Delhi: India’s trade surplus with the United States may cross USD 90 billion annually, supported by a sharp rise in exports and higher import…
India’s inflation revamp may give Reserve Bank a reason to stay on hold
India will publish inflation figures based on a new index on Thursday, which analysts say may show elevated price pressures in the economy, giving the…
Trump calls India-US trade deal ‘historic’ as tariff cuts and coal exports take centre stage
US President Donald Trump on Wednesday described the newly concluded India–United States agreement as a “historic trade deal”, saying it would sharply expand American energy…
Preferential allotment likely in PFC-REC merger to help Centre retain majority stake and government company status
New Delhi: The proposed union of Power Finance Corp (PFC) and REC could include a preferential allotment of shares to the Centre as part of…
India allows 100% FDI in insurance sector under automatic route
New Delhi: India on Wednesday operationalised up to 100% foreign ownership in the insurance sector, a move aimed at deepening insurance penetration and attracting overseas…
GST summons are for inquiry, don’t amount to detention: HC
The Aurangabad bench of the Bombay High Court has held that summons issued under Section 70 of the Central Goods and Services Tax (CGST) Act…
India aims to sign interim trade deal legal pact with US by March-end: Commerce Secy Rajesh Agrawal
New Delhi: India expects to finalise and sign the legal agreement for an interim trade deal with the US by March-end, commerce secretary Rajesh Agrawal…
Financial Inclusion 2.0 in works; FinMin plans push to bring informal borrowers into formal credit system
New Delhi: The finance ministry on Wednesday held deliberations to prepare a road map for Financial Inclusion 2.0. In a statement, the finance ministry noted…