Economic Times
India will impose tariffs of 12% to 30% on certain steel products from China and Vietnam to protect local industry. The tariffs, targeting welded stai
Private credit deployments in India are expected to exceed USD 10 billion in 2024, according to a report by EY. The first half of 2023 saw over USD 6
Union Minister Rajiv Ranjan Singh announced plans to boost annual seafood exports to Rs 1 lakh crore from Rs 60,000 crore. He highlighted the governme
The Rural Development Ministry has approved the construction of roads in Madhya Pradesh, Maharashtra, and Kerala under various central schemes. The pr
GST Council's 54th meeting addressed industry concerns by rationalizing GST rates, providing exemptions, and clarifying laws to avoid litigation. New
Indian importers are shifting from expensive outright forwards to options strategies to hedge against currency risks. With forward premiums rising due
The central government has approved the procurement of soybean at Minimum Support Price (MSP) for Madhya Pradesh, in addition to Maharashtra, Karnatak
Prime Minister Narendra Modi assured semiconductor industry CEOs of a predictable and stable policy regime, emphasizing India's potential as a reliabl
External Affairs Minister S Jaishankar stated that India is open to doing business with China, but the sectors and terms need careful consideration. S
The central government will procure soyabean at Minimum Support Price in Maharashtra, Karnataka, and Telangana to support farmers. Meanwhile, the edib
The government has revised rules for mergers under the companies law, now requiring prior RBI approval for amalgamations involving a foreign holding c
India is emphasizing strict 'Rules of Origin' in FTA talks with the UK to protect its automobile sector. Commerce Secretary Sunil Barthwal stated that
The 16th Finance Commission, led by Chairman Arvind Panagariya, is open to considering states' grievances about reduced central allocations despite ec
Onion prices in New Delhi remain high at Rs 58 per kg due to tight supply. The government has started retail sales of onions at a subsidized rate of R
The Indian government is committed to reducing the budget deficit despite coalition governance challenges. Fitch Ratings noted that India prefers fisc
Nomura is forecasting India's GDP growth to slow to 6.7% in FY25, below the RBI's 7.2% prediction. The report cited mixed growth signals, with positiv
The government plans to increase credit guarantees for micro and small enterprises by Rs 5 lakh crore over the next two years. This follows Rs 4 lakh
CareEdge Ratings has highlighted that while the overall monsoon performance has improved from last year, the agriculture sector still faces risks due
Credit growth is surpassing deposit growth, posing potential liquidity challenges for banks, according to a FICCI-IBA report. Banks are focusing on ra
The WTO warns that unilateral approaches to the digital economy and low-carbon transition could cause trade tensions and distortions. It emphasizes th
