Tag: west asia
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’s June exports shine through West Asia dark clouds; trade deficit widens to five-month high
New Delhi: India’s goods exports rose 15.5% from a year earlier to $40.41 billion in June, but the trade deficit widened to a five-month high…
Easing of West Asia conflict reduces downside risk to 6.6% growth forecast: Ram Singh, Director, Delhi School of Economics
The recent easing of the West Asia crisis has sharply reduced the biggest near-term upside risk to the RBI‘s inflation outlook, strengthening the case for…
Peace in West Asia expected to boost order book of Indian exporters: Industry body FIEO
New Delhi: Restoration of peace in the West Asian region is expected to revive the order books of Indian exporters and reduce input costs, as…
India weighs extending 40-product import duty exemption beyond June 30 amid West Asia tensions
New Delhi: The government is likely to take a call on extending import duty exemption on about 40 products beyond June 30, after analysing the…
RBI warns West Asia war may hurt India growth outlook
Mumbai: A prolonged West Asia conflict represents a key downside risk to India’s economic outlook according to the Reserve Bank of India (RBI), even as…
India’s services exports rise by 12.7 pc in April despite West Asia crisis: RBI
Mumbai: India’s services trade saw an expansion in imports and exports during April, according to the Reserve Bank of India (RBI). The data showed that…
Finmin pushes for wider local sourcing norm in incentive schemes
New Delhi: The finance ministry is pushing ministries to integrate domestic manufacturing and procurement requirements into incentive and subsidy schemes before seeking expenditure approval, according…
The $138 bn buffer: India’s most visible export can rescue the rupee
As the Indian rupee slides past the historic 96 mark against the US dollar and oil-induced pressures threaten to balloon the current account deficit to…
Silver imports restricted; licence now must for select categories
New Delhi: The government on Saturday imposed restrictions on imports of certain kinds of silver, days after it increased customs duty on the precious metal…