Economy

Reserve Bank of India rolls out steps to boost Rupee power overseas

Economy
The Reserve Bank of India (RBI) Thursday allowed banks to open rupee accounts at their overseas branches for people residing outside the country...

China’s export restrictions part of trade war strategy: GTRI

Economy
India must strengthen partnerships with Japan and South Korea to source high-quality components for electronics, solar panels, and EVs to help cut reliance...

inflation: India to grow by 6.4%, and CPI inflation to settle at 4.8% in FY25: FICCI

Economy
FICCI forecasts India's GDP growth at 6.4 per cent for the financial year 2024-25. This marks a downward revision from the 7.0 per...

Rail Budget may see up to 20% hike, focus on station upgrades & modern trains

Economy
New Delhi: Indian Railways could get a 15-20% bump in capital expenditure allocation for FY26 in the upcoming budget as it looks to...

First e-commerce export hub may start operations in March: DGFT

Economy
New Delhi: The first e-commerce export hub in the country is expected to be operationalised from March this year, a senior government official...

India’s trade deficit narrows on-month to $21.94 bn in December aided by higher exports

Economy
India's trade deficit narrowed to $21.94 bn in December from November's revised $32.84 billion, as exports grew while overseas shipments went down on...

Budget 2025: Import of copper scrap may soon turn duty free

Economy
New Delhi: The Centre is mulling removing the 2.5% concessional basic customs duty on copper scrap, a move that can potentially boost the...

India doing FTAs only after extensive stakeholder consultations: Piyush Goyal

Economy
Commerce and Industry Minister Piyush Goyal on Tuesday said India is finalising free trade agreements (FTAs) only after extensive consultations with all the...

RBI Governor Sanjay Malhotra signals he’s open to more flexible rupee

Economy
India’s new central bank governor has shown a willingness to allow the rupee to move more freely in tandem with peers in the...

China’s export curbs: Hi-tech machinery supply faces major hit

Economy
Sectors with heavy reliance on China, like electronics, solar panels and electric vehicles (EVs), are facing severe challenges in getting capital equipment including...

DGFT updates export policy for every product to promote ease of doing business

Economy
The Commerce Ministry's arm DGFT on Monday updated the export policy for all products, specifying detailed conditions for each item to enhance the...

Union budget may see fiscal consolidation but rural, welfare and subsidies may go up: Goldman Sachs Report

Economy
New Delhi: With the Union Budget for FY26 scheduled to be presented on February 1, 2025, a report by Goldman Sachs underlined two...
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