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 […]

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 […]