Category: Economy
Cabinet approves ₹24,000-crore highway projects in Varanasi to ease congestion
New Delhi: The Union Cabinet on Wednesday approved national highway projects worth more than ₹24,000 crore in Varanasi to ease congestion in the temple town….
RBI pushes banks, NBFCs to own data risks across third parties
MUMBAI: The Reserve Bank of India (RBI) has proposed stricter governance standards for data shared with third-party service providers, requiring regulated entities to ensure that…
India, EU hopeful of investment protection pact before year-end
New Delhi: India and the European Union Wednesday said they are hopeful of concluding an investment protection agreement before the end of this year. Commerce…
Softer inflation trips rate hike forecasts, RBI hold more likely
MUMBAI: A softer-than-expected inflation trajectory in the first quarter has prompted economists to forecast a pause in rate action by the Reserve Bank of India…
Russian firms seeking more gasoline from India
New Delhi: Top Russian energy companies have approached Indian refiners for more gasoline after Ukrainian strikes knocked out a significant portion of Russia’s refining capacity,…
Kharif crop acreage to rise as sowing window remains open till August 15: Shivraj Singh Chouhan
New Delhi: The acreage of key kharif crops such as rice (paddy), pulses and oilseeds will increase to compensate for the current deficiency in the…
India-UK trade pact comes into force, gold standard of FTA for both
New Delhi: India and the UK Wednesday operationalised a free trade agreement (FTA) under which a host of domestic goods will enter the British market…
India exports $140 million worth of goods at zero duty on first day of UK trade pact
New Delhi: India exported goods worth USD 140 million to the UK at zero duty on day one under the comprehensive economic and trade agreement…
India’s current account slips into $2 billion deficit in May as trade gap widens
Kolkata: India’s current account slipped into deficit in May from a surplus in April while the capital account deficit narrowed, monthly balance of payments data…
UK-India trade pact ‘gold standard’ and powerful message for rules-based order: UK envoy Lindy Cameron
New Delhi: The UK-India free trade agreement that took effect on Wednesday sets a “new gold standard” for global trade deals as it delivers sweeping…