Category: Politics

The Reserve Bank of India RBI on Friday kept the key policy repo rate unchanged at 5.25 per cent, maintaining its current interest rate stance while upgrading its assessment of economic growth after recent fiscal and trade developments. The decision was taken by the six member Monetary Policy Committee MPC of the RBI, chaired by Governor […]

S. Krishnan, Secretary, Ministry of Electronics and Information Technology (MeitY). The Government of India plans to sustain the growth of the domestic semiconductor industry through the upcoming launch of the India Semiconductor Mission (ISM) 2.0. “The announcement on the India Semiconductor Mission 2.0, I think is very timely and significant, and will ensure that the momentum […]

India and the United States are expected to issue a joint statement within the next four to five days on the proposed bilateral trade agreement, with the first tranche of the deal almost ready, the trade minister said on Thursday. Piyush Goyal said discussions between New Delhi and Washington were progressing steadily and that the initial […]

The Monetary Policy Committee (MPC) of the Reserve Bank of India is likely to maintain a status quo on the repo rate in its policy announcement scheduled for Friday, amid continued global economic uncertainty, pressure on government bond yields and volatility in the domestic currency, according to a report by State Bank of India. The report […]

India’s oil ministry and state-run companies are preparing for a significant increase in US crude oil and natural gas imports, aiming to boost bilateral trade. New Delhi: India’s oil ministry and state-run energy companies are preparing for a sharp increase in imports from the US under a bilateral trade deal, even as crude oil purchases from […]

New Delhi: India and the Gulf Cooperation Council (GCC) will on Thursday sign the terms of reference for a free trade agreement (FTA) to start talks for a trade pact. The terms of reference (ToR) define the scope, rules, and framework of a trade deal. “The finalisation of the ToRs would be presided by commerce and […]

Indian exporters stand to gain from reduction in US tariffs and trade agreement with the EU, which will also help attract investment, finance minister Nirmala Sitharaman said in an interview with ET. Edited excerpts: Do you see this as India’s Goldilocks moment, with reforms at home and now geopolitical realignment in place with the India-US deal? […]

New Delhi [India], February 4 (ANI): Congress MP Jairam Ramesh on Wednesday demanded clarity on the details of the India-US trade deal, stating that a joint statement has not yet been issued. Jairam Ramesh hit out at Prime Minister Narendra Modi in an X post and claimed that New Delhi has made “concessions on liberalising imports […]

Delhi: Union Railways Minister Ashwini Vaishnaw addresses a press conference regarding the state-wise Budget 2026-27, in New Delhi. (PTI Photo) The government is in discussions with mobile phone makers, IT firms and other electronics manufacturing companies for the next version of the production linked incentive scheme before getting approval from the Cabinet, Union Electronics and IT […]

Mumbai (Maharashtra) [India], February 4 (ANI): The three-day meeting of the Monetary Policy Committee (MPC) of the Reserve Bank of India (RBI) begins today, with the policy outcome scheduled to be announced on Friday by RBI Governor Sanjay Malhotra. The meeting comes at a time when the central bank has already undertaken significant monetary easing over […]