In hawala universe, it’s a partial eclipse of dollar
Mumbai: Away from the dust, death and debris of the war, a strange story is playing out in the underbelly of the Indian money market….
RBI tightens norms on net open positions to curb rupee’s slide
Kolkata\Mumbai: The Reserve Bank of India has capped banks’ net open positions in the rupee at $100 million at the end of each business day,…
Forex kitty slips below $700 billion as bullion loses some sheen
Mumbai: India’s foreign exchange reserves fell by $11.4 billion to $698 billion in the week ended March 20, due to the revaluation of gold prices…
Courier export value limit to be scrapped
New Delhi: The government on Friday announced that it would remove the value limit per consignment for exports through courier services from April 1 2026….
India, Europe eye deeper ties as PM Modi plans May-June visits
New Delhi: India and Europe are set to consolidate partnerships and collaborations across key areas, keeping up the momentum after concluding the India-EU free trade…
India, US review next steps in trade pact talks
New Delhi: Commerce and industry minister Piyush Goyal and US Trade Representative Jamieson Greer on Friday discussed next steps in negotiations for a proposed bilateral…
Centre pegs H1 FY27 borrowing at ₹8.2 L crore
New Delhi: The Centre will borrow ₹8.2 lakh crore from the market through dated securities in the first half of the next fiscal, amounting to…
India may face credit stress if Gulf conflict drags on: Moody’s
New Delhi: India and other Asia-Pacific economies could face rising credit stress if the ongoing Gulf conflict persists, as higher energy prices and supply disruptions…
Tariff cuts fail to revive US demand for Indian export; Policy uncertainty, Section 301 probe delay recovery in shrimp, textiles
Pune | Kolkata: US demand for Indian exports remains weak despite significant tariff cuts, as policy uncertainty and geopolitical tensions weigh on consumer sentiment, industry…
Govt eyes integrated farming to lift rural incomes: Shivraj Singh Chouhan
New Delhi: The government is working on an integrated farming model including creation of IDs for farmers and the use of advanced technology to steer…