Mumbai: The Reserve Bank’s rate-setting panel started its three-day brainstorming on monetary policy as expectations are high of a 25 bps or even a jumbo 50 bps rate cut to fuel economic growth amid uncertainties created by Trump’s tariff moves. The decision of the Monetary Policy Committee (MPC), headed by Reserve Bank Governor Sanjay Malhotra,…
New Delhi: India’s exports to the US are rising, and it can increase imports of products like shale gas, LNG, and crude oil from America to diversify its import basket, as prices of these items are lower in the US, an official said. Teams of both countries will start next round of talks this week…
Ahmedabad: When IPL champions Royal Challengers Bengaluru skipper Rajat Patidar got a chance to say “Ee Sala Cup Namdu” (this year the cup is ours) after 18 years, the fans roared. But when he said that “Virat Kohli deserved it more than anyone else”, the cheers were deafening as the legend grinned from ear to…
New Delhi: In the aftermath of ‘reciprocal tariffs’ by the US, India should adopt the dual-track approach and selectively reduce high tariffs on non-sensitive agricultural commodities imports from Washington, while also strategically offering concessions where domestic supply gaps exist, a NITI Aayog working paper has said. The Aayog, in a working paper titled ‘Promoting India-US…
Hai Phong (Vietnam): Vietnam’s Vingroup, which is setting up a USD 2-billion plant in Tamil Nadu’s Thoothukudi, is also in discussions with the Andhra Pradesh and Telangana governments to expand its operations in India. VinFast, the electric vehicle (EV) unit of Vingroup, plans to launch its VF7 and VF6 models in India before the festival…
New Delhi: The Centre on Friday reduced the basic custom duty on crude palm oil, crude soyabean oil and crude sunflower oil to 10 per cent, a move aimed at bringing down the retail prices of cooking oils and protecting domestic processors. Earlier, the duty on these three crude edible oils was 20 per cent….
New Delhi: India’s economic growth slowed to 7.4 per cent in the March quarter, bringing down the annual growth rate to 6.5 per cent during 2024-25, according to official data released on Friday. The growth in the January-March period was lower than the 8.4 per cent expansion in the year-ago quarter. According to the data…
Mullanpur: Punjab Kings skipper Shreyas Iyer admitted that his team was indeed “befuddled” by the nature of the track during its eight-wicket defeat to Royal Challengers Bengaluru in IPL’s first qualifier but kept his chin up as they have only “lost a battle” but certainly “not the war”. “We have lost the battle, but not…
Panjim: The modern whisky boom has demonstrated time and again that world-class examples of the liquid can hail from all corners of the globe. If you want exceptional single malt, for example, you no longer need to rely on Scotland. Notable offerings now flow out from every corner of the world, including Goa, India. Kadamba…
Kolkata: West Bengal Chief Minister Mamata Banerjee on Thursday expressed “shock” and “disappointment” after Prime Minister Narendra Modi slammed the TMC government, calling it “Nirmam” (cruel) and accusing it of “plaguing” the state with violence, corruption, and lawlessness. “I am disappointed that Modi criticised Bengal at a time when all-party delegations are visiting different countries…
