As China slows, global FMCG and consumer giants from L’Oreal to Nestle bet big on India
Mumbai: India is moving from an emerging-market opportunity to a global growth priority for consumer multinationals, as China slows and mature markets offer limited room…
BRICS finance chiefs flag tariff risks, push cross-border payments
New Delhi: Finance ministers and central bank governors of BRICS countries raised concerns over unilateral trade and finance-related measures, including higher tariffs and non-tariff barriers,…
Karnataka government to fund 100 startups with Rs 25 crore for pilot projects in government departments
The Karnataka government plans to spend Rs 25 crore over three years to help about 100 startups test their solutions in government departments. Selected startups…
India-EU FTA: EU gets tariff quota for 1 lakh cars initially, rising to 1.6 lakh
New Delhi: The India-EU free trade agreement will allow European Union carmakers to export up to 1 lakh passenger vehicles a year to India initially…
Peru awaits India response as trade talks near end, minister says
Peru is awaiting a response to a counterproposal it sent to India as negotiations for a free trade agreement enter their final stretch, with Lima…
India-EU FTA progress: European Commission moves to get it signed
New Delhi: The European Commission on Friday formally submitted its proposal to the European Council to sign and conclude the Free Trade Agreement (FTA) with…
FM Sitharaman pushes RBI to sharpen digital rupee as tokenisation takes off
Finance Minister Nirmala Sitharaman on Friday urged the Reserve Bank of India to further advance its wholesale and retail digital rupee pilots as adoption of…
BRICS fin mins, central bank chiefs raise concerns on unilateral trade and finance-related measures
New Delhi: Finance ministers and central bank governors of BRICS countries raised concerns over unilateral trade and finance-related measures, including higher tariffs and non-tariff barriers,…
EU dropped aluminium scrap duty plan over India concerns, sources say
Brussels: The European Union abandoned a proposal for an export duty on aluminium scrap over concerns it could complicate the final signature of a free…
RBI should hike rate by 25 bps in October to counter external shocks: Report
New Delhi: The Reserve Bank should raise the benchmark interest rate by 25 basis points next month and again in December as a countermeasure to…