Dhirendra Kumar New Delhi: Nine years after the rollout of the goods and services tax (GST) regime, businesses have largely embraced India’s biggest indirect tax reform, with 99% reporting a…
Category: Economy
Millets, check dams and emergency plans: How India is preparing for dry days
New Delhi is mobilizing emergency agricultural defences for hundreds of districts, as a weak monsoon threatens to disrupt food production and strain the rural economy. The government has activated contingency…
RBI allows banks to give loans for FCNR deposits
The Reserve Bank of India (RBI) on Tuesday clarified that Indian banks and their overseas branches can extend loans to a non-resident, or issue a guarantee in favour of foreign…
Moving decisively towards finalizing trade deal with India, says US Ambassador Gor
New Delhi: US Ambassador to India Sergio Gor on Tuesday said India and the US were moving decisively towards finalizing their bilateral trade agreement and advancing an “ambitious trade agenda”.…
India’s private sector output moderates further in June
The West Asia war-induced global slowdown has dampened Indian manufacturing and services, with India’s private-sector economy losing momentum in the first quarter of 2026-27 as early survey data indicated a…
Will Singapore remain India’s export star even after Iran war ends?
The war in West Asia has reshaped India’s trade geography, prompting businesses to reassess export destinations and shipping routes. Notable developments include the sharp rise in India’s exports to Singapore…
Govt plans subsidized tomato sales to cool price surge
New Delhi: The government is preparing to sell tomatoes at subsidized rates through cooperative outlets to cool a price surge driven by supply disruptions, according to two government officials aware…
US trade chief to visit India for interim deal discussions
New Delhi: US trade representative Jamieson Greer will be in India this week to meet commerce and industry minister Piyush Goyal and other senior government officials as Washington and New…
RBI governor asks banks to treat MSMEs as long-term partners
Reserve Bank of India (RBI) governor Sanjay Malhotra on Monday called on banks and financial institutions to deepen their engagement with the micro, small and medium enterprises (MSME) sector, saying…
RBI flags risks if West Asia peace deal fails, says India remains strong
Mumbai: The Reserve Bank of India (RBI) on Monday cautioned that any breakdown of the recent peace agreement in West Asia could rekindle significant risks for the global and domestic…