Economy

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

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...

India eyes Rs 1000 crore opportunity to export rapeseed to China

The China-Canada tariff war has opened up a Rs 1000 crore opportunity for India to export to Beijing rapeseed meal, a by product...

India, US likely to fast-track initial phase of trade pact

Indian trade negotiators, who head to Washington DC this week ahead of formal launch of talks, may explore an "early tranche" that covers...

RBI Guv warns of dwindling money market liquidity

Mumbai: The Reserve Bank of India (RBI) governor, Sanjay Malhotra, Friday underscored the risks of dwindling liquidity in the call money market, a...

India needs to create 8 to 10 million jobs annually: PM’s Principal Secretary Mishra

Highlighting the need to create 8 to 10 million jobs annually in India, Prime Minister Narendra Modi's Principal Secretary PK Mishra on Saturday...

China says it’s ready to open market to import more Indian goods, urges ‘non-discriminatory’ stance for its firms

As global trade tensions simmer, a new chapter may unfold in the India-China relationship. Despite the growing trade imbalance—India’s deficit with China hitting...

Move to protect against cheap imports hurts Electronics Inc

New Delhi: The Centre's move to shield consumers against substandard and cheap imports, especially from China, has had an unintended negative consequence: Supply...

No GST on UPI transactions over Rs 2,000, clarifies govt; terms rumors as baseless

The Ministry of Finance has categorically denied recent rumors suggesting that it is planning to impose Goods and Services Tax (GST) on Unified...

Gold imports rise 192% to $4.47 bn in March

NEW DELHI: After registering negative growth, the country's gold imports, which impact Current Account Deficit (CAD), jumped by 192.13 per cent to USD...

Garment, toy companies go full throttle as US buyers look beyond China

New Delhi: Steep tariffs imposed by the US on Chinese imports are likely to provide opportunities to Indian garment and toy exporters to...

IMEC could expand to include Oman, Egypt and Slovenia to advance strategic and economic interests

India-Middle East Europe Economic Corridor or IMEC could expand to include Egypt and Oman – two of India’s key and traditional partners in...

Indian exporters should temper euro, pound hedges given under-siege dollar, bankers say

Indian companies with future receivables in major currencies besides the U.S. dollar should consider reducing their hedge ratio to potentially benefit from the...

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