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NEPAL EXPORTS SURPLUS ELECTRICITY
India's edible oil imports up 6.7 per cent in May to 13.39 lakh tonnesIndia's edible oil imports saw a significant rise in May, reaching nearly 13.39 lakh tonnes. This increase was primarily fueled by higher s...
India, Nepal launch cross-border remittance mechanism; links UPI, NPIIndia and Nepal have launched a new system for money transfers. This links India's UPI with Nepal's NPI. Citizens can now send money instan...
Why the G7 is worried about global economic imbalancesIn a pivotal discussion at the G7 summit, France is highlighting urgent concerns about the global economic landscape. China's robust export...
Nepal clarifies: No ban on Indian mango imports, only phytosanitary measures enforcedPhytosanitary standards, including mandatory heat treatment, are in place, and import permits continue to be issued for shipments meeting t...
China's control over indium phosphide exports threatens AI data centre rolloutAnderson's visit was partly to raise the issue of delays in China's export licenses involving the highly strategic material, essential in m...
India counters US Section 301 probe claims of surplus capacity in textiles, steelIndia is pushing back against US allegations of excess production capacity in textiles and steel. Government officials argue that domestic ...
India's current account deficit to stand at 1.8% of GDP for FY27: ICICI Bank Global Market ReportIndia is expected to see a current account deficit of 1.8 per cent of GDP in FY27 as against around 2 per cent projected earlier. This adju...
$327.1 billion US exports in April touch record highAmerica's trade deficit shrank in April. This happened as exports of oil products and capital goods reached new highs. This trend could hel...
12 years of PM Modi: India should not only be resilient but also be antifragileIndia faces significant global uncertainty and external challenges. Despite strong economic growth and improved financial stability, domest...
Nepal govt restricts imports of mangoes from IndiaNepal has banned Indian mango imports citing pesticide levels and inadequate border quarantine. This move boosts local farmers who now face...
India, Nepal launch UPI-NPI linkage for real-time cross-border remittancesIndia and Nepal have unveiled a direct payment link between their respective UPI and NPI systems, revolutionizing cross-border remittances....
Fitch sees global oil markets returning to oversupply after Hormuz reopensGlobal oil markets are set to return to oversupply soon. Fitch Ratings reports the Strait of Hormuz closure is a temporary supply shock. Pr...
Banks likely to go all out to attract diaspora investmentRBI's decision to bear the hedging cost on FCNR-B deposits and exempt banks from maintaining the cash reserve ratio and statutory liquidity...
India's Q4 FY26 current account surplus at $7.1 bln, driven by services exports, remittancesIndia achieved a $7.1 billion current account surplus in the fourth quarter of the last fiscal year. This positive outcome was driven by st...
India's current account surplus at $7.1 bn in Q4 FY26, aided by robust services exports and remittancesIndia achieved a current account surplus of $7.1 billion in Q4 FY26, driven by robust services exports and remittances. Despite a growing m...
Oil market likely to return to oversupply after Hormuz reopens: Fitch RatingsGlobal oil markets are set to see a surplus once the Strait of Hormuz reopens. Fitch Ratings predicts this despite current price hikes. The...
'Our India policy starts with a clean slate and shared economic goals'Nepal's Foreign Minister Shishir Khanal is visiting India to foster stronger ties. The new Nepali government prioritizes good governance an...
India is Nepal's most important partner, new govt carries no 'old baggage': Foreign Minister Shishir KhanalIndia's External Affairs Minister S Jaishankar met with his Nepalese counterpart Shishir Khanal, emphasizing a "special" relationship and a...
Inside Switzerland’s massive underground flow battery that could power 210,000 homes for a day without lithium-ion cellsSwitzerland is building a massive underground energy storage facility, set to be one of the world's largest, by 2029. Utilizing advanced va...
Nepal Foreign Minister Shisir Khanal arrives in New Delhi on three-day visitNepal's Foreign Minister Shisir Khanal is in New Delhi for a three-day visit. This marks his first official trip to India since taking offi...