Category: Economy
India-US trade deal to be signed after new US tariff framework is finalised
New Delhi: The signing of the India-US trade deal will take place only after a new tariff framework is finalised, with both sides currently discussing…
Trade deficit nearly 2x in Feb; exports face battlefield ahead
New Delhi: India’s February trade deficit almost doubled to $27 billion from $14.42 billion a year ago as imports rose 24%, led by gold and…
India’s wholesale inflation rises to 11-month high of 2.13% in February
New Delhi: India’s gauge for wholesale prices climbed to an 11-month high of 2.13% year-on-year in February, led by higher costs of primary goods including…
Revamped Stand-Up India scheme soon: Nirmala Sitharaman
NEW DELHI: Finance minister Nirmala Sitharaman said on Monday that the government will soon roll out a revamped Stand-Up India scheme to support entrepreneurs from…
Exporters, freight forwarders seek government help as war surcharges on cargo surge
Mumbai: Exporters and freight forwarders have sought the government’s intervention after global shipping lines began imposing steep war-risk surcharges on cargo to and from the…
Bank-NBFC co-lending pacts may be expanded to aid MSMEs
New Delhi: A parliamentary standing committee on finance has recommended expanding structured co-lending arrangements between banks and non-banking financial companies to bridge a $530-billion formal…
Easier FDI norms notified for border country investors
New Delhi: The Department for Promotion of Industry and Internal Trade (DPIIT) on Monday notified changes in the foreign direct investment (FDI) policy, easing investment…
RBI seeks banks’ views on AI-based facial recognition tools at ATMs, branches to curb fraud
NEW DELHI: The Reserve Bank of India (RBI) has sought inputs from banks on implementation of facial recognition or other artificial intelligence (AI)-based systems at…
PHDCCI urges RBI to boost MSME credit, fix LoC rules
New Delhi: Industry body PHD Chamber of Commerce and Industry has urged the Reserve Bank of India to boost credit flow to small businesses and…
India’s horticulture production to increase marginally in 2025-26: First Advance Estimate
New Delhi: India’s horticulture production is projected to remain largely flat at 3708.46 lakh tonnes in 2025-26 from 3707.38 lakh tonnes in the previous year,…