Category: Politics
Piyush Goyal on Trade Pacts with US and UK, ETCFO
India has moved decisively away from “economic isolation” and is aggressively expanding global trade linkages as part of its roadmap to become a $30-35 trillion economy by 2047, Union Minister of Commerce & Industry Piyush Goyal said at the Global Economic Cooperation Summit 2026 in Mumbai, pitching the recently concluded US trade deal and the UK […]
RBI Increases ECB Borrowing Cap to $1 Billion, Eases Regulations for Corporates, ETCFO
The Reserve Bank of India (RBI) on Monday released the final guidelines on external commercial borrowings (ECBs), rationalising fundraising through the route. The apex bank revised the ECB framework, replacing the earlier $750 million cap with the higher of $1 billion or 300 percent of its latest audited standalone net worth. The calculation will exclude specified […]
Govt plans ‘Champion CPSEs’ for Viksit Bharat by 2047, NITI Aayog roadmap soon, ETCFO
New Delhi: The government is finalising a road map to create “champion” central public sector enterprises (CPSEs) that would help India realise its goal to emerge as a developed nation by 2047 through sustained economic growth and technological advancements, senior officials said. The road map, prepared by the Niti Aayog in close coordination with the finance […]
Trade team heading to Washington next week for legal pact, ETCFO
New Delhi: India’s chief negotiator for trade talks with the US, Darpan Jain, will lead a delegation to Washington next week to finalise the legal agreement for the India-US trade deal, which is likely to be signed in March, commerce secretary Rajesh Agrawal said Monday. The visit is likely to start on February 23. Earlier this […]
Are Startups at Risk?, ETCFO
Even as the Ministry of Electronics and Information Technology (MeitY) evaluates the feedback it has received on compressing the compliance timelines of the Digital Personal Data Protection (DPDP) Act, privacy technology firms, consultants, and identity platforms have warned that companies, especially startups and mid-sized enterprises, are misreading key compliance milestones and risking non-compliance. Executives across the […]
Policy to boost local manufacturing of genext railway tech and parts in offing, ETCFO
By fostering partnerships between domestic companies and research institutions, the policy is designed to ignite innovation and collaboration. India plans to unveil a new ‘rail tech’ policy in the coming weeks, aiming to give a major thrust to local manufacturing of next-generation railway technology and equipment. The policy is likely to see the Railway Board provide […]
India, US plan series of meets after interim trade framework, ETCFO
New Delhi: India and the USA are planning a series of meetings in the coming weeks and months to give momentum to the partnership following the announcement of an interim trade framework and reduction of tariffs to 18%, boosting mutual confidence. While foreign secretary Vikram Misri could visit Washington for political and strategic dialogue, a few […]
India and Brazil to Strengthen Ties with Trade and Pharma Pacts during Lula’s Visit, ETCFO
The visit is also expected to deepen trade and investment ties between the two countries. Indian and Brazilian officials are finalising the terms of the agreements the two countries will sign during President Luiz Inacio Lula da Silva’s official India visit next week. These pacts are expected to boost India’s pharmaceutical exports, trade in essential minerals, […]
To bring ease of business bills, Centre nudges state govts to revamp laws, drive reforms, ETCFO
The NDA-led Centre is preparing to bring in its own series of ‘rights’-based bills which are markedly different from those of the UPA era. These bills are focused on ease of doing business and are to be piloted not by the Centre but by state governments, and that too within the year. Coming up across several […]
New rules for M&A financing, loans against shares, ETCFO
The Reserve Bank of India (RBI) Friday stated that banks would be allowed to provide acquisition financing only in cases where the acquiring company already holds control in the target and seeks finance to raise its stake to cross material thresholds from 26% onward to 90%. The regulator said banks are allowed to refinance a target […]
