Rupee flat in Monday trade; Analysts see pressure on dollar after relief measures for exporters
The Reserve Bank of India’s latest export relief steps may pressure the rupee, with several bankers noting that the added…
Category: 4
India’s trade deficit hits record $41.68 bn in October on weak US exports, surge in gold imports
India’s merchandise trade deficit widened to a record high of $41.68 billion in October, due to an increase in gold…
Hope to meet FY26 direct tax target: CBDT chief
The government is hopeful of achieving the budgeted direct tax collection target for 2025-26, Central Board of Direct Taxes (CBDT)…
Govt clears 17 new projects under components scheme worth Rs 7,172 cr
The government on Monday approved 17 new projects worth Rs 7,172 crore under Electronics Components Manufacturing Scheme (ECMS), raising total…
OMCs clinch large LNG import deal with US for 2026
India’s state-owned oil companies have concluded a one-year deal for imports of 2.2 million tonnes per annum of liquified petroleum…
Wide gap between tax receipts and budget target causes concern
The Union government would need its gross tax revenues (GTR) to grow at a daunting rate of 21.4% in the…
First tranche of US-India trade deal ‘near closure’ – Commerce Secretary says it will address Trump tariffs
The first tranche of a bilateral India-US trade deal is “nearing closure” following months of negotiations. Commerce Secretary Rajesh Agarwal…
India, US near closure on first trade pact package
The first package of the proposed Bilateral Trade Agreement (BTA) between India and the United States — covering reciprocal tariffs,…
India-UK finalising social security agreement
A team of Indian officials is currently in the UK to discuss the Double Contribution Convention (DCC), which was agreed…
US tariff relief may boost India’s $1 bn farm exports
The Trump administration’s decision to lift reciprocal tariffs on several agricultural commodities is expected to create a level playing field…