The US Federal Reserve raised interest rates on Wednesday and flagged further increases in borrowing costs in coming months, with new U.S. central bank chief Kevin Warsh joining a unanimous…
Category: Economy
India clears 642 UK car imports under FTA tariff quota as first allocations roll out
India has approved imports of 642 cars from the UK under the tariff-rate quota (TRQ) provisions of the India-UK trade pact, according to a senior government official aware of the…
EPFO ceiling reset after 12 years; ₹25,000 threshold to cover 5.1 million more workers
NEW DELHI: The Centre is expanding mandatory retirement and social-security coverage to more formal-sector workers, raising the wage ceiling for compulsory Employees’ Provident Fund Organisation (EPFO) coverage to ₹25,000 a…
India-New Zealand FTA: New Zealand clears path for trade deal – What it means?
New Zealand’s parliament passed legislation enabling a free-trade agreement with India, clearing the way for a deal Prime Minister has described as ‘once-in-a-generation,’ news agency Bloomberg said in a report.…
New Zealand Parliament passes legislation to implement India FTA
New Zealand’s Parliament passed legislation on Wednesday to implement its free trade agreement (FTA) with India by a 93-29 vote, bringing the landmark pact closer to implementation. Prime Minister Christopher…
It’s a fake! Forged art floods Indian market as masterworks fetch record millions
India’s burgeoning has a forgery problem. As prices of works by modern masters soar and a new generation of collectors piles into the market, fakes attributed to MF Husain, FN…
Explained | Why US Fed meeting outcome tonight matters more than any FOMC decision in last 3 years
The US Federal Reserve will announce its decision on setting interest rates for the world’s largest economy on Wednesday, 16 September. The US markets are betting the central bank will…
India needs to raise its game, the private sector must invest more: CEA
New Delhi: Chief economic advisor V. Anantha Nageswaran on Tuesday urged the private sector to keep investing, hire more, and compensate fairly, stressing that the next 20 years will be…