Krity Ambey

AI safety must keep pace with adoption in financial sector: CEA Nageswaran

The Chief Economic Adviser said AI can improve credit assessment and risk detection in fintech, but firms must prioritise safety and security as adoption accelerates

Tariff on most items to be in single digits in FY28 Budget: FM Sitharaman

The government aims to bring customs duty on most items to single-digit rates by the FY28 Budget while continuing tariff rationalisation and asset-focused borrowing

Foreign etailers told to set up separate export-only units in India

The DGFT has notified a framework requiring foreign-owned e-commerce firms to create separate legal entities for inventory-based exports of Indian-made goods under the revised FDI policy

Indian Bank aims to more than double business to ₹35 trillion by 2032

The public sector lender plans to strengthen its presence in Delhi and Mumbai while relying on MSME growth and financial inclusion to achieve its long-term business target

HFIs show sustained economic activity, domestic demand in Q1: Chaudhary

Finance MoS Pankaj Chaudhary said improving industrial output, moderate inflation and resilient domestic demand support growth despite global uncertainty and monsoon risks.

India currently faces 9 WTO disputes over sugar subsidies, ICT tariffs, PLI

Commerce MoS Jitin Prasada said India is defending nine WTO disputes involving sugar subsidies, ICT tariffs and PLI schemes, with appeals pending in several cases.

Govt to continue fiscal measures to mitigate future fuel price volatility

Finance MoS Pankaj Chaudhary said the Centre will balance fiscal support with sustainability while strengthening energy security and adhering to the fiscal consolidation path

Premature life policy exits surpass maturity payouts, shows govt data

Surrenders and withdrawals accounted for 39% of total benefits paid by life insurers in FY26, overtaking maturity payouts amid rising early exits from long-term policies

Govt to offload up to 6.5% stake in LIC through OFS opening Tuesday

Centre will offer a 2.5% stake with a 4% greenshoe option at a floor price of ₹382 a share, helping LIC meet minimum public shareholding norms ahead of schedule

Govt considers duty parity for SEZ units on domestic market sales

Proposal under SEZ Policy 2.0 may allow SEZ units to pay duty only on imported inputs used in domestic sales, aligning treatment more closely with DTA manufacturers

FCNR (B) deposits rose by $28 bn after RBI swap window: MoS Finance

Outstanding FCNR(B) deposits have risen to $60.55 billion from $32.56 billion since the RBI announced its concessional forex swap facility in early June

Centre exhausted 18% of fiscal deficit in Q1FY27, shows CGA data

Fiscal deficit stood at 18.2 per cent of the FY27 target as higher subsidy spending was offset by robust revenue growth and sustained capital expenditure

US' Section 301 tariff linked to forced labour import may not survive court

Experts say fresh US tariffs imposed under Section 301 could face legal challenges, potentially dealing another setback to President Donald Trump's trade strategy

Goods exports rise 15%, FTAs to give further boost, says Piyush Goyal

Commerce minister says export momentum is expected to continue as FTAs take effect, while India remains engaged with the US on the proposed trade pact

India must remove investment barriers, ease non-tariff measures: Report

Competere Foundation says reducing investment restrictions and addressing overseas regulatory barriers are key to boosting exports, productivity and long-term growth

Monsoon Session: PSBs' profit nearly trebled in 5 years, says FinMin

Public sector banks posted a record ₹1.98 trillion profit in FY26 as bad loans hit a historic low and credit growth remained strong across retail, MSMEs and agriculture

Centre shifts export strategy, aims to give state govts bigger role

Plan comes at a time when WTO urged India to address structural challenges

Reserve Bank of India gets govt's nod to issue ₹10, ₹20 polymer banknotes

The central bank will issue 1 billion each of ₹10 and ₹20 polymer banknotes for field trials before taking a call on their regular issuance

Trade body calls for rollback of FDI in inventory-based ecom policy

CAIT seeks rollback of the new e-commerce FDI export policy, alleging it favours Amazon and Flipkart, while experts say clearer implementation rules are needed

US slaps 10% tariff on India under Sec 301 probe linked to forced labour

The new tariff announcement on Friday comes as Washington's baseline tariff of 10 per cent for all trading partners expires