Category: Economy
India tightens checks on overseas flows as currency pressure mounts, sources say
India’s central bank and markets regulator have tightened checks on overseas investments by firms and family offices, issuing at least 10 queries in the past…
Trump’s tariff comeback? The White House finds a new route after court setbacks
Just months after American courts dealt a blow to one of Donald Trump’s signature economic tools, the White House is back in the tariff business….
SBI chairman Shetty sees MPC’s repo rate pause ‘appropriate’ at this juncture: Report
State-owned lender SBI’s Chairman CS Setty said a pause would be an appropriate decision by the Monetary Policy Committee (MPC) at its upcoming policy meeting,…
India’s services growth hits six-month high on domestic demand, PMI shows
BENGALURU: India’s dominant services sector grew at its fastest pace in six months in May on a pick-up in domestic demand, even though global orders…
US reveals Section 301 findings, proposes 12.5% additional tariffs on imports from India & others
The United States Trade Representative (USTR) revealed the findings of 60 Section 301 probe on Wednesday, proposing 12.5 per cent additional tariffs on India, alongside…
Silver imports via authorised channels only
New Delhi: In a further tightening of import norms for silver, the government on Tuesday mandated that imports be routed through RBI-nominated agencies, Directorate General…
India-UK FTA implementation stuck due to carbon tax on steel; Scotch duties may be rolled back to rebalance pact
New Delhi: Commerce and industry minister Piyush Goyal Tuesday said he had “great conversations” with visiting UK secretary of state for business and trade Peter…
Chana prices climb over 9% in a month
Pune: Despite a record-high domestic harvest, the largest buffer stock of pulses in three years, and low overall food security concerns, chana prices have surged…
States asked to focus on sowing pulses, oilseeds
New Delhi: The government has asked states to prioritise pulses and oilseeds during the kharif sowing season as India prepares for below-normal rainfall and possible…
New producer price index set to replace WPI over next five years
New Delhi: India will introduce a Producer Price Index (PPI) covering output, input and services prices, to offer a more realistic assessment of inflationary trends…