Tag: india
India’s forex reserves shed $60 billion in six weeks as RBI steps in to support rupee, one of Asia’s worst-performing currencies this year
India’s foreign exchange reserves shaved off about $60 billion in the past six weeks on account of Reserve Bank of India’s aggressive intervention on the…
India’s forex reserves drop by $8.58 billion to $726.03 billion in week ended October 9: RBI
India’s foreign exchange reserves declined by $8.578 billion to $726.027 billion in the week ended October 9, according to data released by the Reserve Bank…
GST 2.0: How next phase of reforms can simplify compliance and unlock growth for MSMEs
For nearly nine years, the GST (Goods and Services Tax) debate has largely revolved around one question: how much tax should businesses pay? The next…
China’s trade restrictions for services exporters under review
New Delhi: India is drawing up a list of the trade hurdles its services exporters face in China, including strict licensing, registration and local rules….
GST overhaul: Export status for contract manufacturing to boost supply-chain shifts to India
The monthly refund of tax paid on plant and machinery for five years, the removal of structural and procedural inefficiencies, and the release of credit…
India, 14 others ink joint ministerial statement to curb structural excess capacity
India joined 14 other economies including the United States, European Union and the UK in signing a joint ministerial statement to curb structural excess capacity…
Prosus: Prosus steps up India fintech bets with Kiwi, Oolka funding talks
Amsterdam-listed technology investor Prosus is in talks to invest in fintech startups Kiwi and Oolka, expanding a string of bets on Indian financial services companies…
Services activity hits 3-month high in September on demand surge
NEW DELHI: India’s services activity rose to a three-month high in September, supported by stronger domestic demand and improved sales performance, according to a private…
India’s economic resilience strengthens global leadership prospects: Jean-Pierre Landau
New Delhi: India is well positioned to withstand a volatile global economy marked by geopolitical tensions, higher interest rates and rising stress in the advanced…
Tata Sons’ Chandrasekaran lists 3 priorities to keep India’s growth engine humming
India’s economy is robust in a world that is uncertain and difficult, and multiple indicators show that the country is in a stable and strong…