Category: Economy

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MPC flags possibility of policy tightening

Kolkata: India’s monetary policy makers flagged possibility of policy rate tightening in the third quarter if the higher food and fuel prices lead to second…

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Commerce minister Piyush Goyal leads 70-member business delegation to Singapore

New Delhi: Commerce and industry minister Piyush Goyal is leading a 70-member business delegation to Singapore to strengthen trade and investment ties between the two…

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RBI Governor Sanjay Malhotra flags inflation risks; says rate recalibration needs greater clarity, MPC Minutes show

Reserve Bank of India Governor Sanjay Malhotra said he would prefer greater clarity on the persistence and trajectory of inflation before considering any recalibration of…

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India’s crop insurers seek data protection law to expedite farm innovation

New Delhi: Five of India’s largest crop insurers have jointly asked the government to include a provision for the protection of regulatory data in the…

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India’s July crude oil imports rise over 9% month-on-month

India’s crude oil imports in July rose more ​than 9% from ​the previous month to 21.41 million metric tons, ​government data showed on Wednesday. On…

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‘India should not rush into US trade deal, must protect national interests’: EAC-PM Member Sanjeev Sanyal

New Delhi: India should not rush to finalise a trade agreement with the United States and must ensure that the pact protects the country’s long-term…

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Piyush Goyal leads 70-member business delegation to Singapore to strengthen trade, investment ties

New Delhi, Commerce and Industry Minister Piyush Goyal is leading a 70-member business delegation to Singapore to strengthen trade and investment ties between the two…

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India’s exports to US hold firm after a year of Trump’s tariffs

India’s share of exports to the US remained largely unchanged despite a year of President Donald Trump’s punitive tariffs and New Delhi’s efforts to diversify…

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Income Tax Department launches nationwide verification of suspicious foreign remittances

New Delhi: The Income Tax Department has launched a nationwide verification exercise into suspicious foreign remittances after identifying several entities that allegedly remitted large amounts…

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BRICS weighs Russia’s grain exchange plan; digital platform for farm produce trade mooted

BRICS members are exploring a plan backed by Russian President Vladimir Putin to establish a grain exchange that could potentially end the “hegemony” of certain…

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