Category: Politics
Goyal and Starmer Discuss Comprehensive Economic and Trade Agreement, ETCFO
India-UK Trade Relations Strengthen: Goyal and Starmer Discuss Comprehensive Economic and Trade Agreement Mumbai, Commerce and Industry Minister Piyush Goyal on Thursday said his meeting with UK Prime Minister Keir Starmer here further deepened trade and economic partnership for mutual prosperity between the two nations. Starmer arrived in India for a two-day visit on Wednesday, accompanied […]
RBI ready to do heavy lifting on loan risk weights, ETCFO
In a move aimed at encouraging disciplined credit behaviour and freeing up more capital for banks to lend, the Reserve Bank of India has proposed lowering risk weights on various loan categories and linking them to borrower risk profiles. Under its revised draft norms, the regulator has proposed capital requirements for credit cards, home loans, corporate […]
Draft labour policy released, focus on women, social security, ETCFO
Government on Wednesday released the draft labour policy, with a focus on increasing the share of women in the workforce and universal and portable social security. The target is to increase women’s participation to 35% by 2030, while also expanding entrepreneurship and career guidance initiatives for youth. The plan is to create a Universal Social Security […]
PM Kier Starmer during Mumbai visit, ETCFO
UK Prime Minister Keir Starmer said he wanted the trade deal with India to be implemented as soon as “humanly possible” as he landed in Mumbai for talks with Prime Minister Narendra Modi on Wednesday. “It provides huge opportunities,” Starmer told the delegates on his trade mission on arrival in Mumbai. “I think the opportunities are […]
State-run banks support One Nation One Election proposal, ETCFO
Public sector banks have backed the idea of holding general and state elections simultaneously and have conveyed their support to the government on the One Nation, One Election (ONOE) Bill. Lenders have suggested that this will minimise disruption of banking services, as they remain closed on election day, and also put less burden on their staff, […]
Examining proposal to allow FDI in inventory-based e-commerce for exports only: Goyal, ETCFO
Doha, A proposal to allow FDI in an inventory-based model of e-commerce only for export purposes is under examination as it will help increase India’s outbound shipments without impacting the businesses of small retailers, Commerce and Industry Minister Piyush Goyal said. At present, the country’s FDI policy does not permit foreign direct investment (FDI) in the […]
India’s media and entertainment sector set to surpass Rs 3 lakh crore mark by 2027, ETCFO
India’s media and entertainment sector poised to cross Rs 3 lakh crore by 2027 Mumbai, Telecom Regulatory Authority of India (TRAI) Chairman Anil Kumar Lahoti, has emphasised the need for balanced regulation and innovation to drive the next phase of growth in India‘s broadcasting and media industry. Addressing the 25th edition of FICCI FRAMES here, Lahoti […]
Indian Pharma Industry Diversification Amid US Tariff Threats, ETCFO
Indian Pharma wields a strong influence on the most heavily-used medicines in the US, for both chronic and acute care. From a sense of nervousness to crafting a bold vision, the wild threats of US tariffs over the last few months have lent the Indian pharma industry strong reasons to focus on hitherto untapped opportunities. More […]
India should have strong trading ties with neighbours including China:NITI CEO Subrahmanyam, ETCFO
New Delhi, India should have strong trading arrangements with its neighbours including China, which is a USD 18 trillion economy that cannot be avoided, NITI Aayog CEO BVR Subrahmanyam has said. Subrahmanyam also indicated that after GST 2.0, another set of reforms is expected to be announced before Diwali. He said NITI Aayog member Rajiv Gauba-led […]
FM Sitharaman unveils foreign currency settlement system in GIFT City, ETCFO
Mumbai, With an aim to boost international trade, investment, and ease of doing business, Finance Minister Nirmala Sitharaman on Tuesday unveiled foreign currency settlement system in GIFT City. Addressing the ‘Global Fintech Fest 2025′ here, Sitharaman said that “foreign currency settlement system to solve the problem of facilitating seamless transactions on real-time basis, enhance liquidity management, […]
