Tag: india
RBI likely used dollar deposit surge to cut record FX forward book, economists say
MUMBAI: The Reserve Bank of India has likely used part of the initial inflows from its foreign-currency deposit drive to unwind a portion of its…
India engaged with the US, studying all the developments: Govt tells Parliament
The government is studying all the developments and remains engaged with the US government, the commerce and industry ministry informed Parliament Tuesday. India and the…
How India is weathering the energy shock
EARLY IN THE Gulf war, as almost a fifth of the world’s oil and gas supplies were choked off and countries all over Asia scrambled…
ASEAN, Africa lead India’s export growth in first two months of FY27
New Delhi, Asean and African regions emerged as the biggest contributors to India’s export growth during the first two months of the current fiscal, according…
MakeMyTrip files IPO papers with Sebi via confidential route
MakeMyTrip‘s India unit has filed confidential papers with market regulator Sebi for a proposed initial public offering on Indian stock exchanges. The company said its…
India’s direct tax body notifies Cost Inflation Index for this fiscal year
India‘s direct tax body has notified the Cost Inflation Index (CII), a tool to measure the rise in cost due to inflation, for fiscal year…
UK-India trade pact ‘gold standard’ and powerful message for rules-based order: UK envoy Lindy Cameron
New Delhi: The UK-India free trade agreement that took effect on Wednesday sets a “new gold standard” for global trade deals as it delivers sweeping…
India-UK FTA comes into force: Industry hails ‘landmark moment’ for bilateral trade
Business and industry groups across India and the UK welcomed the free trade agreement (FTA) coming into force on Wednesday, which is set to unleash…
Elevation Capital closes $500 million India fund; to back startups building on AI’s app layer
Paytm and Swiggy investor Elevation Capital has raised a $500 million fund to back early-stage startups, betting that the next generation of AI-led companies will…
India’s June retail inflation quickens to 4.38%, crosses RBI’s 4% target after 17 months
India‘s retail inflation accelerated to 4.38% in June as elevated food and fuel prices, geopolitical tensions in West Asia and concerns over an uneven monsoon…