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…
Automated chip design, physical AI lead startup activity across APAC: AWS exec
Seoul: Automated chip design and physical artificial intelligence (the use of AI in robotics and autonomous systems) are the two areas seeing the most startup…
India urges BRICS to link payment systems, encourage local currency trade
New Delhi: Commerce and industry minister Piyush Goyal Friday urged member countries of the BRICS bloc to link their payment systems, encourage trade in local…
RBI has enough tools to absorb liquidity surge, ‘nothing off table’: Governor Malhotra
The Reserve Bank of India has enough tools at its disposal to absorb the surge in banking-system liquidity following the record inflows under its foreign-currency…
India’s forex reserves surge $44.9 billion to record $785.7 billion, fourth largest globally
Kolkata: India’s foreign-exchange reserves surged a record $44.903 billion in the week to September 4 to $785.706 billion, a new all-time high, making it the…