Page 3 - Krity Ambey

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

India's digital trade dilemma deepens after WTO duty moratorium lapses

With the WTO moratorium on electronic transmissions having lapsed, India must weigh tariff flexibility against its growing stake in open, predictable digital trade

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

Parl panel bats for cryptocurrency statutory and regulatory framework

A parliamentary panel has urged the government to create a regulatory framework for cryptocurrencies, citing investor protection and risks from the current legal vacuum

Govt allows Amazon and Flipkart to build inventories for exports

The DPIIT said the restrictions on inventory-based e-commerce models would no longer apply where such entities deal exclusively in exports of goods manufactured or produced in India

IMF urges stronger AI safeguards as India deepens financial sector adoption

The multilateral institution warned that rapid AI adoption could amplify systemic and cyber risks, urging stronger oversight, governance and international cooperation

Punjab & Sind Bank eyes 8-9 percentage point cut in govt stake via QIP: MD

Expect govt to also undertake minority stake sale in bank this year

India joins WTO fisheries subsidies agreement, becomes 123rd member

India has formally accepted the WTO Agreement on Fisheries Subsidies, backing sustainable fishing while safeguarding policy space for traditional and small-scale fishers