Economy

IREF says lifting of curbs by major global rice importer to boost Indian shipments

Removal of import restrictions by a major Indian rice importer will help boost the grain's exports and reduce the impact of fresh US...

No subsidy lifeline? Govt pushes for “innovative ways” to help exporters tackle Trump tariffs

Amid growing calls for relief following US President Donald Trump’s tariff announcement, the government has ruled out subsidies but indicated it is open...

Exporters urged to build brandsas a way around Trump tariffs

New Delhi: The government is pushing exporters to build and promote homegrown brands to cope with the 25% tariff imposed by the US....

Exporters seek assistance, credit at affordable rates to deal with Trump tariff

Indian exporters from various sectors, including food, marine, and textiles, have sought financial assistance and affordable credit from the government to cope with...

NAREDCO President urges govt to cap GST on building materials at 18%

New Delhi: G Hari Babu, President of National Real Estate Development Council (NAREDCO) has urged the government to bring the Goods and Services...

India lacks adequate risk capital to realise its $5 trillion economy ambition: Kamakodi

India has the capital to support growth but lacks adequate risk capital to realise its USD 5 trillion economy ambition, City Union Bank...

CTI urges Delhi govt to host shopping festivals on lines of Dubai, China

The Chamber of Trade and Industry (CTI) has urged the Delhi government to organise large-scale shopping festivals and business fairs similar to those...

RBI may announce 25 bps rate cut in August to boost credit growth ahead of Diwali: SBI Report

The Reserve Bank of India (RBI) is expected to announce a 25 basis points (bps) repo rate cut in the upcoming Monetary Policy...

Central banks are building a haven of bullion assets

MUMBAI: Central bank gold appetite, although not as voracious as the 1,000-tonne-a-year purchases in the past three calendar years, remains largely undiminished globally...

India’s forex reserves rise to $698.19 billion, up $2.7 billion as of July 25

India's forex reserves increased by $2.7 billion to $698.19 billion for the week ending July 25, data by the Reserve Bank of India...

Trump’s 25% blanket tariff without exemptions threatens $25 bn of Indian exports: GTRI

The USA's decision to impose a blanket 25 per cent tariff on all Indian-origin goods effective August 7, without any exemptions, could severely...

FPIs continue to sell Indian debt, for 4th month in a row

Foreign portfolio investors (FPIs) continued to pull out of Indian debt via the fully accessible route (FAR) for the fourth consecutive month in...

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