Category: Politics
RBI announces relief measures for exporters, allows banks and NBFCs to give them moratorium, ETCFO
The Reserve Bank of India has allowed banks and finance companies to give a moratorium on loans for a limited period. On Friday, the banking regulator announced relief measures for exporters under various sectors including leather, apparel, gem and jewelry and chemicals. As part of relief measures, a borrower who has export credit facility from a […]
Trump Announces Rollback of Food Tariffs Amid Inflation Concerns, ETCFO
U.S. President Donald Trump on Friday rolled back tariffs on dozens of food products, including such staples as beef, tomatoes and bananas, in the face of growing angst among American consumers about the high cost of groceries. The new exemptions – which take effect retroactively at midnight on Thursday – mark a sharp reversal for Trump, […]
India, Canada revive ties with critical minerals, aerospace partnerships, ETCFO
India and Canada on Friday jointly announced long term partnerships in critical minerals, clean energy and exploration of trade opportunities in aerospace sector, marking a revival in bilateral ties that had been strained during Prime Minister Justin Trudeau’s tenure. The announcement followed the 7th Ministerial Dialogue on Trade and Investment (MDTI) held in New Delhi from […]
India, Nepal ink deal to boost rail trade connectivity, ETCFO
New Delhi [India] November 13 (ANI): India and Nepal signed a deal to boost the rail trade connectivity after a bilateral meeting held between Union Commerce and Industry Minister Piyush Goyal and his Nepal counterpart Anil Kumar Sinha on Thursday. According to a press release by the Union Ministry of Commerce & Industry, both countries exchanged […]
A Moment of Relief for Federal Workers, ETCFO
WASHINGTON – The House passed a bill Wednesday to end the nation’s longest government shutdown, sending the measure to President Donald Trump for his signature after a historic 43-day funding lapse that saw federal workers go without multiple paychecks, travelers stranded at airports and people lining up at food banks to get a meal for their […]
Cabinet approves new royalty rates for critical minerals graphite, caesium, rubidium and zirconium, ETCFO
The Union Cabinet, chaired by Prime Minister Narendra Modi, on Wednesday approved the rationalisation of royalty rates for four critical minerals — graphite, caesium, rubidium and zirconium — in a move aimed at promoting the auction and domestic production of these minerals used in high-tech and green energy applications. According to the government’s decision, the royalty […]
Cabinet approves Rs 45,060 cr towards Export Promotion Mission and welfare of exporters, ETCFO
The Union Cabinet Committee on Wednesday approved a six-year-long Export Promotion Mission (EPM) with an outlay of Rs 25,060 cr and fund allocation of Rs 20,000 cr towards the expansion of credit guarantee scheme for exporters. Along with this, the committee also approved rationalization of royalty rates of Graphite, Caesium, Rubidium and Zirconium under its Critical […]
Ministry of Statistics and Programme Implementation bats for replacing closed units in IIP Index, ETCFO
The statistics ministry has proposed replacing factories that have closed or changed their production lines in the new Index of Industrial Production (IIP) series, set to be released next year. Under the proposed methodology, inactive units would be substituted with active ones that have at least 12 months of overlapping data to ensure continuity and comparability, […]
New Maharashtra rule to impede Tata Trustees’ plans, ETCFO
Noel Tata A new Maharashtra government rule capping the number of lifetime trustees is expected to have direct implications for Tata Trusts, potentially prompting changes to its longstanding governance framework. The Maharashtra Public Trusts (Amendment) Ordinance, 2025 (Ord. 7 of 2025)—notified in September—limits perpetual trustees to one-fourth of a trust’s total board strength. This will impede […]
Pre-budget talks begin, chaired by Nirmala Sitharaman; tax reforms and manufacturing push in focus, ETCFO
NEW DELHI: Finance Minister Nirmala Sitharaman on Monday chaired the first pre-Budget consultation meeting with leading economists in New Delhi, marking the start of preparations for the Union Budget 2026-27. Senior officials from the Department of Economic Affairs (DEA), including the Secretary, Chief Economic Adviser, and other key officers, attended the session. The finance ministry said […]
