Currently, over 88% of the crude oil processed in the country is imported, up from 77.6% in 2013-14. Indeed, net imports could be much less,… Continue reading
RBI opens door for foreign investors to use Rupee Vostro Surplus for govt securities
Vostro accounts are typically held by a domestic bank on behalf of a foreign bank in which trading partners can hold rupee-denominated balances emerging from… Continue reading
ACME Solar targets 7GW capacity by end of FY28
The work on these projects has already started, including capex, LCs (letter of credit) and other details which are required for the capacity to be… Continue reading
Food inflation in negative zone for second straight month
This marks consecutive months of decline in food inflation. The food inflation last month was lowest since January, 2019 when it was reported at –… Continue reading
India-Oman FTA talks conclude
ALSO READFood inflation in negative zone for second straight month A Strategic Milestone in India’s Trade Agenda Negotiations on CEPA with Oman started in November… Continue reading
Why the world still needs a multilateral trade regime
It is true that the rules of the WTO and its institutional mechanisms have failed to rein in Trump’s unilateral economic coercive actions such as… Continue reading
Super core inflation remains sticky
ALSO READRBI opens door for foreign investors to use Rupee Vostro Surplus for govt securities Persistent Price Pressures in the Services Sector The inflation print… Continue reading
India eyes nuclear power expansion, to allow uranium mining: Report
The report said New Delhi could also relax requirements to allow foreign players to take a minority stake in power plants. So far, the government… Continue reading
Significant cut in fertiliser use under PM Pranam: Govt
ALSO READWhy the world still needs a multilateral trade regime The government supplies around 60 MT of highly subsidised fertilisers annually to farmers out of… Continue reading
FE Exclusive | Exporters scurry to fall back on local market, but question marks remain
ALSO READWhy the world still needs a multilateral trade regime From $106 billion in FY25, India’s consumption of assorted textiles items and apparel grew to… Continue reading