New Delhi: Finance Minister Nirmala Sitharaman and Canadian Deputy Prime Minister Chrystia Freeland on Sunday discussed the progress being made on ongoing bilateral trade negotiations. The two ministers met on the sidelines of the 3rd Finance Ministers and central bank governors meeting in Gandhinagar, Gujarat. Freeland, who is also the finance minister of Canada, said Canadian…
Hampi: Top negotiators of G20 nations complimented New Delhi’s efforts to deliver “strong outcomes” at the grouping’s upcoming summit to deal with key global challenges such as addressing financing gaps, pushing economic growth and ensuring sustainable development, India’s G20 Sherpa Amitabh Kant said on Saturday. He also described the ongoing discussions at the third Sherpas’ meeting…
London: The President of the European Bank for Reconstruction and Development (EBRD), of which India is a shareholder, will arrive in India on Sunday for a G20 finance summit with the reform agenda for multilateral development banks (MDBs) high on the list of priorities. Odile Renaud-Basso, the first woman head of an MDB as EBRD…
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Mumbai: India’s foreign exchange reserves jumped USD 1.229 billion to USD 596.28 billion in the week ended July 7, the Reserve Bank of India said on Friday. In the previous reporting week, the overall forex reserves increased USD 1.85 billion to USD 595.05 billion. In October 2021, the country’s forex kitty had reached an all-time…
New Delhi: The deflation in the wholesale price continued for the third month in a row in June, with WPI contracting to a nearly eight-year low at (-) 4.12 per cent on account falling prices of food products, fuel and basic metals, according to official data released on Friday. The Wholesale Price Index (WPI) based…
New Delhi: Retail inflation rose to a three-month high of 4.81 per cent in June, mainly on account of hardening prices of food, according to the government data. Inflation based on the Consumer Price Index (CPI) stood at 4.31 per per (revised upward from 4.25 per cent) in May and 7 per cent in June 2022….
New Delhi: India’s industrial production rose 5.2 per cent in May, according to the official data released on Wednesday. Factory output measured in terms of the Index of Industrial Production (IIP) grew 19.7 per cent in May 2022. The data released by the National Statistical Office (NSO) showed that the manufacturing sector’s output increased by 5.7…
New Delhi: In a first, the Centre will start selling tomatoes at discounted rates in retail markets in the national capital and few other cities from Friday to provide relief to the consumers as the price of the kitchen staple is ruling high at over Rs 200 per kilogram in some parts of the country….
New Delhi: The GST Council on Tuesday decided to levy the maximum 28 per cent tax on the full face value of bets in online gaming, casinos and horse racing, lowered tax on food and beverages sold in multiplexes, and tweaked the definition of utility vehicles for the levy. The panel also exempted GST (Goods…
