New Delhi: India’s import duties comply with the global trade rules and the government should convey this to the US administration, economic think tank GTRI said on Sunday. It also said that negotiating a comprehensive free trade agreement with the US presents several challenges. The US may push India to open government procurement to American…
New Delhi: The Centre’s fiscal deficit touched 74.5 percent of the annual target at the end of January 2025, according to the data released by the Controller General of Accounts (CGA) on Friday. In actual terms, the fiscal deficit — the gap between expenditure and revenue — was Rs 11,69,542 crore during the April-January 2024-25…
New Delhi: UPI transactions in January surpassed 16.99 billion and the value exceeded Rs Ž23.48 lakh crore, marking the highest number recorded in any month, the Finance Ministry said on Thursday. For 2023-24, the digital payments landscape has demonstrated remarkable expansion, the finance ministry said in a statement. Unified Payments Interface (UPI) remains the cornerstone…
New Delhi: The government on Thursday appointed Finance Secretary Tuhin Kanta Pandey as the 11th chairman of the capital market regulator, the Securities and Exchange Board of India (SEBI). The Odisha-cadre Indian Administrative Service (IAS) officer will replace Madhabi Puri Buch, who completes her three-year tenure on Friday (February 28). The Appointments Committee of the…
New Delhi: Finance Minister Nirmala Sitharaman on Thursday said India needs to ramp up its bilateral relations for trade and investment, as the world is witnessing a churn, and bilateralism seems to be the new catalyst tool. Speaking at BS Manthan, the Finance Minister said these are very interesting yet challenging times and the government…
Johannesburg: Mahindra South Africa, the local subsidiary of the Indian automotive giant, has signed a Memorandum of Understanding with the Industrial Development Corporation (IDC) to undertake an in-depth feasibility study on the potential establishment of a Completely Knocked Down (CKD) vehicle assembly facility in the country. Mahindra South Africa is also in the process of…
Guwahati: Prime Minister Narendra Modi on Monday evening inaugurated an exhibition showcasing Assam’s traditional strengths and future potential, a day ahead of a big-ticket business summit commencing in the state. From the famous ‘Muga’ silk of Assam to new-age robotics technology, a diverse range of products drew Modi’s attention as he visited the stalls and…
Bhopal: Adani Group Chairman Gautam Adani on Monday announced new multi-sectoral investments of over Rs 1.10 lakh crore for Madhya Pradesh that, he said, would create over 1.2 lakh jobs in the state by 2030. Adani, who was speaking at MP Global Investors Summit (GIS) 2025, also said the Group is in discussions with the…
Bhopal: Prime Minister Narendra Modi on Monday said the World Bank has expressed confidence that India will continue to be the world’s fastest-growing economy in the coming years. He was speaking after inaugurating the mega ‘Invest Madhya Pradesh – Global Investors Summit-2025′ in Bhopal to showcase the state’s infinite possibilities for investors and industrialists. The…
New Delhi: After a gap of over eight months, India and the UK will resume negotiations for a proposed free trade agreement (FTA) here from February 24, an official said. UK’s Secretary of State for Business and Trade Jonathan Reynolds will be here for the resumption of the talks. He will hold a bilateral meeting…
