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Bringing in US dollars: RBI flags off FCNR(B) chase, pushes banks to go all out for forex inflowsIn an ambitious bid to enhance India's foreign currency reserves, the Reserve Bank of India is urging banks to ramp up their efforts in att...
After retirement, everyone wondered what her 'Amma' would do next. Kerala woman left for a Europe trip the very next day, leaving everyone inspiredRetirement took an unexpected turn for a woman from Kerala. Instead of slowing down, she began an incredible journey across Europe the very...
UAE to unlock billions of dollars for Iran, sources sayUS-Iran war: The United Arab Emirates is set to release billions of dollars to Iran. This move follows weeks of Iranian attacks on the UAE....
RBI pushes banks to bring more dollars homeThe push comes amid RBI measures to incentivise foreign currency inflows, including swap facilities and hedging cost support for FCNR(B) de...
Call to extend duty cuts on critical inputs soonIndia is set to decide on extending customs duty relief for critical raw material imports beyond June 30. An inter-ministerial panel will r...
Urea imports may get 50% cheaper before kharif season as China eases suppliesIndia is set to import urea at significantly lower prices. This development follows a sharp decline in global urea rates after a recent spi...
Govt focusing on 'automation' of explosives units for safer operations: OfficialThe Department of Promotion of Industry and Internal Trade is prioritizing automation in explosives manufacturing. This move aims to signif...
States must leverage trade pacts to attract investment: PM ModiPrime Minister Narendra Modi encouraged regional leaders to enhance trade collaborations and simplify business operations, stressing the ne...
PM Modi-led govt's 12 years in power are 'transformational for industry': Maruti Suzuki chairmanMaruti Suzuki Chairman R C Bhargava lauded Prime Minister Narendra Modi's economic policies. He stated these policies have transformed Indi...
Asia’s currency fight moves offshore as central banks push backAsian central banks are intensifying efforts to curb offshore forex speculation as external pressures like high oil prices and a strong dol...
Govt highlights tax reforms, investor confidence as Modi completes 12 years as PMPrime Minister Narendra Modi has completed twelve years as India's longest-serving elected leader. The government highlights significant ac...
The world's oil piggy bank is being smashed open. What can go wrong?Global oil inventories are plummeting to multi-decade lows, exacerbated by Middle Eastern supply disruptions and the rapid depletion of str...
Industry lauds Modi on becoming longest serving Prime MinisterPrime Minister Narendra Modi has become India's longest-serving elected Prime Minister. Industry leaders congratulated him, noting his tran...
Indian 10-year bond yield down 0.10 pc on tax relief-driven FPI buyingIn a notable shift, Indian government bond yields have plummeted, primarily fueled by a wave of foreign investment flooding the market. Rec...
India 10-year bond logs best close in 7 weeks as oil prices easeThe Indian bond market celebrated a notable milestone, achieving its highest closing point in seven weeks, primarily thanks to the recent d...
Govt publishes rules for setting up of coal exchangesIndia's government has published new rules for coal exchanges. This move aims to make coal trading more transparent and efficient. Coal pro...
CEA Nageswaran backs CAG audit of local bodiesChief economic adviser V Anantha Nageswaran calls for Comptroller and Auditor General of India audits for Panchayati Raj institutions. This...
7 OPEC+ nations announce second straight 188,000 bpd output increase for JulySeven OPEC+ nations will boost oil production by 188,000 barrels per day in July 2026, marking a second consecutive monthly increase. This ...
OPEC+ increases production quotas for JulyOPEC+ ministers decided Sunday to increase oil quotas by a total 188,000 barrels per day for July, in a move analysts said would be unlikel...
Easier FPI access to equity, debt marketsIn a strategic bid to entice foreign investors, India is simplifying tax regulations on select securities. This initiative is designed to b...