India’s import dependence continues to be shaped by economic growth, manufacturing base: Govt to Parl
India’s import dependence continues to be shaped by the country’s rapid economic growth, industrialization, urbanization, expanding manufacturing base, and deeper integration with global value chains,…
Ola Electric loss narrows to Rs 336 crore, revenue down 45%
Electric two-wheeler maker Ola Electric reported a narrower net loss of Rs 336 crore in the June quarter, from Rs 428 crore a year ago,…
Onion, chicken prices make home-cooked meals costlier in July: Report
The cost of preparing a home-cooked vegetarian thali rose 4% year-on-year in July, while a non-vegetarian thali became 9% more expensive, driven by higher prices…
India, Russia discuss Vande Bharat, SJ-100 aircraft, UAVs to deepen industrial ties
India and Russia on Friday reviewed progress in their industrial cooperation and explored expanding collaboration in sectors ranging from railway infrastructure and aerospace to critical…
More exporters leveraging benefits of free trade pacts: Govt
New Delhi: Issuance of certificates of origin, a key document to avail free trade agreement benefits, has more than doubled from 3.6 lakh in 2021-22…
India’s forex reserves jump $10.5 billion to over two-month high of $692.87 billion as of July 31
India’s foreign exchange reserves surged by $10.51 billion to $692.87 billion in the week ended July 31, pushing the country’s reserves to their highest level…
Investors have fresh doubts about Elon Musk’s grandiose ambitions
ON AUGUST 5TH SpaceX may have at last achieved Elon Musk’s goal of reaching the Moon—by accident. The upper stage of a Falcon 9 rocket,…
EXIM Bank to be implementing agency for interest subvention support for exporters: DGFT
New Delhi: The commerce ministry on Friday said the EXIM Bank will be the implementing agency for interest subvention support for pre- and post-shipment export…
India reviewing bilateral investment treaty overhaul to boost foreign investment: Official
New Delhi: India is reviewing its model bilateral investment treaty and the country’s cabinet will decide on changes soon, a senior finance ministry official said…
RBI allows gradual device restrictions for EMI defaults, eases recovery agent disclosure norms
The Reserve Bank of India (RBI) has allowed lenders to gradually restrict the functionality of mobile phones, tablets and laptops bought through EMI financing when…