Economy

Reaching $100 b in Indo-Russian trade realistic: Jaishankar

New Delhi: There is a strong possibility of India-Russia bilateral trade attaining the $100 billion target by 2030, external affairs minister S Jaishankar...

RBI issues framework for reclassification of FPI to FDI

The Reserve Bank of India on Monday issued an operational framework for reclassification of investment made by a foreign portfolio investor to foreign...

Govt may raise EPFO wage ceiling and lower employee threshold for enhanced social security for workers

New Delhi: The Centre may soon raise the wage ceiling and lower the headcount threshold under the Employees' Provident Fund Organisation (EPFO) as...

RBI may defer rate cut call to February as inflation’s still hot

India's central bank is likely to defer a decision on slashing rates to at least February, economists said, illustrating the risks posed by...

CPI inflation is likely to breach 6% in October: UBI report

The continued spurt in food prices and fading of the high base effect likely led to a spike in October retail inflation figures....

Over 100,000 new crorepati taxpayers have emerged in India in three years. What’s driving this rise in high earners?

India is now home to more than 220,000 people with a taxable income of over Rs 1 crore. This is a staggering five-fold...

Charmadi Ghat, a key highway in Karnataka to be widened at Rs 343 Cr: MP

Dakshina Kannada MP Capt. Brijesh Chowta on Saturday said the Charmadi Ghat section of National Highway-73, a vital passage through Karnataka's Western Ghats,...

Public digital infrastructure helped micro level players grow in India: FM Sitharaman

India's approach to spreading digital infrastructure networks by country's "public money" instead of choosing private players, unlike other countries, helped the micro-level players...

India’s forex kitty falls $2.6 billion to $682 billion as of November 1

Mumbai: Reserve Bank Of India's (RBI) foreign exchange reserves fell by $2.6 billion to $682.1 billion for the week ended November 1, latest...

CBIC relaxes norms for Customs Cargo Service Providers

The Central Board of Indirect Taxes and Customs (CBIC) Friday reduced insurance requirement for stored custom cargo to five days from 10 days....

How Trumponomics works for India, and how it doesn’t

Trumponomics, America's President-elect Donald Trump's economic policies and agendas, has once again alarmed the world after his historic comeback in the US presidential...

The secret sauce of the China-India rivalry is education

The world’s two most-populous nations began to open up to the world around the same time, in the early 1990s. But while both...

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