Category: Politics

The Reserve Bank of India (RBI) has proposed to allow banks to finance corporate acquisitions in India and abroad, a move that could reshape funding avenues for merger and acquisition (M&A) activity across India Inc. The draft framework, titled “Reserve Bank of India (Commercial Banks – Capital Market Exposure) Directions, 2025” released on Friday for public […]

Commerce and Industry Minister Piyush Goyal said on Friday that India will not rush into any trade agreement, as it wants to go in for a fair and equitable deal with its partner countries and not one that restricts its trading choices. New Delhi, Commerce and Industry Minister Piyush Goyal said on Friday that India will […]

India’s festive retail sales have reached an all-time high this year, highlighting the impact of recent economic policies, including GST rate rationalisation, Union Finance Minister Nirmala Sitharaman said on Friday. New Delhi, India’s festive retail sales have reached an all-time high this year, highlighting the impact of recent economic policies, including GST rate rationalisation, Union Finance […]

India’s aluminium sector has become a strategic driver of national growth, driving industrial expansion, supporting clean energy ambitions, and building the foundation of infrastructure of the future. And in the years to come, as the country sets out on its transition towards becoming a $30 trillion economy by 2047, aluminium will have an important part to […]

India’s central bank has lately preferred gold to dollar assets. The Reserve Bank of India (RBI) has been adding gold to its reserves since the beginning of this fiscal year, while steadily lowering investments in US Treasury Securities over the same period, data from RBI and US Department of Treasury, respectively, showed. RBI’s gold holding crossed […]

New Delhi, The key provisions relating to nomination under the Banking Laws (Amendment) Act, 2025 will come into effect from November 1 this year, the Finance Ministry announced on Thursday. The provisions that will kick in from next month relate to nomination facilities in respect of deposit accounts, articles kept in safe custody, and the contents […]

The telephone conversation between Prime Minister Narendra Modi and US President Donald Trump on Wednesday has given political momentum to the much-anticipated bilateral trade deal but the last mile run is turning out to be difficult. Intense negotiations are underway to finalise the framework for the deal, a person aware of the developments said. The contours […]

Piyush Goyal to visit Germany to boost bilateral trade and investment Commerce and Industry Minister Piyush Goyal is slated to visit Germany from October 23, where he will engage with CEOs and industry leaders to boost bilateral trade and investment, an official statement said on Wednesday. According to a ministry statement, the Berlin visit marks a […]

Under the ongoing trade deal negotiations between India and the US, tariffs on Indian exports could drop to 15-16 per cent from the current 50 per cent in the final deal, according to a report by Mint. According to the report, citing sources, the finalisation of the bilateral trade agreement (BTA) is expected to be announced […]

The government is looking at new mechanisms to fund its regional air connectivity scheme, including providing budgetary support to offset the losses that airlines may suffer due to flying to remote destinations. The proposals are currently undergoing inter-ministerial consultation, people in the know said. The government is planning to aggressively push the UDAN (Ude Desh ka […]