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Strong consumption keeps growth steady amid Iran war cost concernsIndia's economy shows steady growth driven by domestic demand. The West Asia conflict presents challenges like higher oil prices. The gover...- India eyes more FDI, speed up divestment, asset monetisation as economy faces external risksIndia's government is set to accelerate reforms, focusing on attracting foreign investment and divesting assets. This strategy aims to main...
- 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....
- 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 banks could raise $35-$40 billion via RBI's foreign currency deposit scheme, PNB CEO Ashok Chandra saysIndian banks anticipate raising up to $40 billion through foreign currency deposits. The Reserve Bank of India is backing a new scheme to a...
- 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...
- Supreme Court issues notice to CBSE on plea to declare Class 12 improvement examination resultThe SC has taken up a case involving a Saudi Arabian student. He seeks his Class 12 improvement exam results from the CBSE. The court has i...
- India Inc hikes prices, shrinks packs as Iran war squeezes marginsIndian businesses face mounting pressure from soaring oil, freight, and insurance costs. Companies are increasing prices and reducing produ...
- Saudi Arabia issues new property ownership rules for foreign companiesSaudi Arabia has updated rules for foreign companies wanting to buy property. These companies do not need to conduct business in the Kingdo...
- Oman ports emerge as India's gateway to West Asia, AfricaIndia's CEPA agreement with Oman is officially in motion, turning ports such as Sohar, Salalah, and Duqm into strategic hubs for Indian com...
- RBI raises investment limits for NRIs, OCIs; Extends equity route to overseas individualsThe Reserve Bank of India has increased investment limits for Non-Resident Indians and Overseas Citizens of India in stock market equity in...
- India set to implement 2-3 more FTAs in six months, says commerce minister Piyush GoyalIndia is set to implement at least two to three more free trade agreements within the next six months, with an additional three to four sig...
- India tightens checks on overseas flows as currency pressure mounts, sources sayIndia's central bank and markets regulator are intensifying scrutiny on overseas investments by firms and family offices, issuing multiple ...
- India-Oman CEPA kicks inThe India-Oman Comprehensive Economic Partnership Agreement is now active. Indian exporters of textiles, leather, plastics, and more will g...
- Narrow the Gulf for Delhi: Conversation on derisking the future from Hormuz is good news for IndiaThe West Asia crisis presents India a chance to regain global influence. Discussions are underway to secure trade routes beyond the Strait ...
- India-Oman trade pact eases hiring of Indian workers by domestic investors in MuscatIn a significant move, India and Oman have finalized a trade pact that enables Indian firms to hire workers without the constraints of loca...
- RBI sees services exports, remittances cushioning current account in FY27India's current account balance will see strong support in 2026-27. Robust growth in software and business services exports will be a key f...
- Quarter of big oil tankers trapped by Iran war have escapedTwenty-nine of 109 vessels capable of hauling 700,000 barrels or more have crossed the Strait of Hormuz, with many switching off navigation...
- India's job engine strains as Iran war hits remittances and tradeThe Middle East conflict is impacting India's economy by forcing migrant workers home and reducing demand for manufactured exports. This do...
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