RBI faces $100 billion challenge after record currency defense
Over the past two years, India’s central bank built one of the world’s largest bearish dollar bets to support a persistently weak rupee. It now…
EAM Jaishankar arrives in Oman as part of multi-nation tour, visit to focus on bilateral ties
Muscat: External Affairs Minister S Jaishankar arrived in Oman and was received by Sheikh Ahmed Al Maskari, Director General of the OmForeign Ministry. In a…
PM Modi meets Australia’s Opposition leader, discusses bilateral ties
Melbourne: Prime Minister Narendra Modi, who is on a three-day visit to Australia, met the country’s Leader of Opposition Angus Taylor on Friday and discussed…
Alpha Wave’s Kathuria set to exit amid India reset; to float Rs 1,000-crore fund
Ankur Kathuria, senior director at Alpha Wave Global, formerly Falcon Edge, has decided to move on from the US-based investment firm, adding to an expanding…
Bellatrix Aerospace eyes 5x revenue jump as production scales up
Spacetech startup Bellatrix Aerospace is targeting more than fivefold revenue growth this fiscal year as it ramps up commercial production of satellite propulsion systems, buoyed…
Uranium, energy pacts with Australia to charge up India
New Delhi: Australia agreed to supply uranium to power India’s nuclear reactors as the two countries elevated their comprehensive strategic partnership with accords on defence,…
Deficit shrinks to 15% but uneven rains fan Kharif concerns
New Delhi: The southwest monsoon has recovered sharply after a weak June, but its uneven distribution continues to pose risks to the ongoing kharif season…
Foreign tax data to be included in Form 26AS
New Delhi: The Central Board of Direct Taxes (CBDT) has directed that financial account information received from overseas tax authorities be included in taxpayers’ Form…
India Inc urges US Trade Representative to drop tariff plan on Indian goods
New Delhi: Indian industry has urged the US Trade Representative (USTR) to reconsider its proposal to impose additional tariffs on most Indian goods under Section…
India, Afghanistan discuss trade, agri & connectivity
New Delhi: Coinciding with the visit of Afghanistan’s Agriculture Minister, India and Afghanistan on Thursday held a Joint Committee Meeting led by their foreign ministries…