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India's balance of payments likely to post $60-65 bn surplus in FY27 despite wider CAD: HDFC BankIndia’s balance of payments (BoP) is likely to post a $60-65 billion surplus in FY27, despite a widening current account deficit, HDFC Bank...
India’s manufacturing sector needs 13.1% growth to hit $7.5 trillion by 2047: ReportIndia's manufacturing sector requires a 13.1 percent annual growth rate to reach USD 7.5 trillion by 2047. This ambitious target is crucial...
FCNR flows to complicate liquidity management, lead RBI to deploy more tools: EconomistsHigher FCNR(B) inflows are complicating the Reserve Bank's liquidity management. The banking system currently holds excess liquidity at a f...
India-New Zealand FTA to come into force next month, grants 100% duty-free access to Indian exportsThe India-New Zealand free trade agreement will officially commence next month. This pact grants India one hundred percent duty-free access...
India can unlock over USD 1.5 billion wheat export opportunity as global buyers diversify sourcing: ASSOCHAMIndia can unlock a wheat export opportunity of more than USD 1.5 billion as the gradual reopening of exports coincides with strong domestic...
GIFT IFSC emerges as international banking hub with $52.82 bn FCNR(B) disbursals: Uday KotakGIFT IFSC banking units are channeling foreign-currency deposits into financing. These units funded fifty-two billion dollars of FCNR(B) de...
India needs to build advanced tech capabilities, reduce import dependence: Hyundai CEO Tarun GargHyundai Motor India MD and CEO Tarun Garg urged India to develop advanced technology capabilities. He stated the nation must move beyond ma...
Deepening trade ties, FTA utilisation key to India's USD 1 trillion export target: CII's Sanjay BudhiaIndia aims for one trillion dollars in exports by 2026-27. This ambitious goal requires significant growth in both goods and services. Deep...
Unless necessary, do not buy gold, reiterates PM Modi on Instagram; jewellery stocks slidePrime Minister Narendra Modi has again urged Indians to avoid buying gold unless necessary, saying greater focus on local products and self...
India's services exports rise 13.4% to USD 38.25 billion in July: RBIIndia's services sector saw a remarkable expansion in July, with exports climbing 13.4% to USD 38.25 billion alongside a 19.1% rise in impo...
ITC Infotech to acquire 22.1% stake in Happiest Minds for Rs 1,330 crore; firms to mergeET had first reported on March 20 about ITC Infotech potentially looking to pick a stake in Happiest Minds. On August 29, ET reported detai...
FM Nirmala Sitharaman meets 3M CEO; explores expansion in advanced manufacturing and R&DUnion Finance Minister Nirmala Sitharaman met 3M Chairman William Brown to discuss India's manufacturing and innovation growth. They assess...
Healthcare ranks second in private credit deals as domestic funds dominate in H1 2026: EY reportIndia’s private credit market deployed $3.5 billion across more than 100 deals in H1 2026, broadly unchanged from $3.4 billion in H2 2025, ...
Commerce ministry meeting industry, exporters on India-US trade on September 1India's Commerce Ministry will meet industry leaders on September 1 regarding trade performance. This meeting precedes Minister Piyush Goya...
India-Japan trade could scale to USD 50 bn by 2030 as exports diversify: ASSOCHAMIndia-Japan bilateral trade has the potential to rise to USD 50 billion by 2030 from USD 27.47 billion in 2025-26, with greater export dive...
India’s merchandise exports rise 15% to over $25 billion in Aug 1-21Merchandise exports for August 1-21 are estimated to have risen by fifteen percent. This growth brings the total exports for April through ...
NRI deposit inflows dip 23%; FCNR draws 124% moreNon-resident Indian deposits saw a significant year-on-year decrease in the first quarter. However, overall outstanding NRI deposits experi...