Economy

RBI caps FEMA violation penalty at ₹2 lakh to ease compliance burden

Economy
RBI has capped the penalty amount for FEMA violations to Rs 2 lakh, down from a percentage of the amount of violations earlier...

High US tariff on China, provides opportunity for India, but only if exporters play by rules: GTRI

Economy
Exporters eyeing new opportunities in the US market amid high tariffs of up to 245 per cent on China must proceed with caution,...

US tariffs could shave up to half a percentage point off India GDP, says finance secretary

Economy
WASHINGTON -The direct hit from tariffs introduced by Donald Trump's administration on India could shave off between 0.2-0.5 percentage points from GDP growth,...

RBI provides relaxation for exports through warehouses in Bharat Mart in UAE

Economy
The Reserve Bank on Wednesday relaxed norms to facilitate export through warehouses in 'Bharat Mart', a multimodal logistics network-based marketplace in the United...

India starts raising palm oil buying as prices fall below soyoil

Economy
India has started raising palm oil purchases after a lull of five months as a correction in prices has made the tropical oil...

India to slow but lead world: IMF

Economy
The International Monetary Fund (IMF) Tuesday pared India's FY26 growth forecast to 6.2%, a cut of 30 basis points from its January projection,...

India aims to double share of manufacturing in GDP to 23 pc helped by sunrise sectors: FM

Economy
Finance Minister Nirmala Sitharaman on Monday said India plans to increase the share of the manufacturing sector from 12 per cent to 23...

T Rabi Sankar gets second extension

Economy
Reserve Bank of India (RBI) deputy governor, T Rabi Sankar has been given a second one year extension effective from May 3 after...

‘DBT helped save Rs 3.5 lakh cr’: Report

Economy
New Delhi: The Direct Benefit Transfer (DBT) system has helped the country achieve cumulative savings of ₹3.48 lakh crore by plugging leakages in...

DBT helped India save Rs 3.5 lakh crore, which otherwise would have leaked: Report

Economy
India's Direct Benefit Transfer (DBT) system has helped the country achieve cumulative savings of Rs 3.48 lakh crore by plugging leakages in welfare...

Indian economy less exposed to slowdown in US, but stock markets of both countries show correlation: Goldman Sachs

Economy
While the Indian economy is relatively insulated from a slowdown in the United States, the stock markets of both countries show a strong...

Modi’s Saudi Arabia visit: Riyadh eyes larger share of oil exports, refinery investment

Economy
New Delhi: Prime Minister Narendra Modi's two-day Saudi Arabia visit beginning Tuesday is expected to boost the existing robust energy partnership in both...
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