Economy

Amravati farmers reaffirm faith in PM Modi; urge for strong stance against US pressure

Economy
As Prime Minister Narendra Modi assured of India's farmers being the government's "top priority," the farmers in Andhra Pradesh's Amravati reaffirmed their faith in the Prime Minister's leadership, calling for a strong stance against US'...

AU Small Finance Bank to shift HQ to Mumbai

Business
MUMBAI: AU Small Finance Bank's promoters will transfer their shares to a non-operative holding company (NOHC) as part of RBI's conditions for the lender's transition into a full-fledged or universal bank. The lender...

India must continue to protect farmers’ interest while negotiating trade deal: SBI report

Economy
New Delhi: India must continue to protect the interest of its farmers from predatory practices of global conglomerates while negotiating trade deal with...

After calling India ‘Maharaja of tariffs’, Trump aide defends 50% tariff move as ‘national security issue’

Economy
After calling India the 'maharaja of tariffs', White House Trade Adviser Peter Navarro said that the imposition of an additional 25% duty on...

Trump’s 50% tariffs: India should step on the accelerator with its own reforms

Economy
Three years of Indian oil imports from Russia are supposed to have funded Russia’s war effort, but not the 60 years of European...

Govt may focus on extending support measures to sectors hit hard by US tariffs

Economy
The government may prioritise support measures for sectors, like textiles and chemicals, which would be severely impacted by the US tariffs, under the...

Trump’s punitive India tariff spoils PM Modi’s Russian oil math

Economy
A US decision to double tariffs on Indian goods as punishment for ongoing purchases of Russian crude leaves the world’s third-largest oil consumer...

RBI keeps repo rate unchanged at 5.5%

Economy
MUMBAI: The Reserve Bank of India (RBI) held policy rates steady at 5.5% with a unanimous vote from all six members of the...

India tariffs doubled to 50%: Trump says he may modify order in case of retaliation

Economy
Along with an additional 25% import tariff on India, US President Donald Trump stated in his executive order that the provisions may be...

RBI holds rates citing WIP transmission, tariffs

Economy
The Reserve Bank of India (RBI) Wednesday maintained policy interest rates citing ongoing transmission of its recent actions and global trade uncertainties. The...

Textile sector urges govt to scrap 11% cotton import duty

Economy
Pune: India's textile industry has suggested that the government could offer to remove the 11% duty on raw cotton imports and use it...

No proposal to stop supply of Rs 500 notes: MoS Finance

Economy
There is no proposal to stop supply of Rs 500 denomination banknotes and ATMs will continue disbursing Rs 500 alongside Rs 100 or...

On Russian oil, India and China speak the same language to Trump

Economy
When the United States demanded that China and India stop buying Russian oil, it likely didn’t anticipate triggering a geopolitical alignment between two...

RBI announcements on Wednesday: Banks keep an eye on new liquidity, co-lending norms

Economy
Bankers are looking forward to two important announcements from the RBI—revised liquidity management framework and final norms on co-lending arrangements between lenders—on Wednesday,...
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