Page 4 - Krity Ambey

Spending cut by 50 ministries helps Centre meet FY26 fiscal deficit goal

Expenditure by 50 ministries and departments came in below revised estimates, helping the Centre contain the fiscal deficit despite lower-than-projected receipts

UK won't undermine India FTA benefits; steel imports below quota: Leong

House of Lords member Sonny Leong says the UK remains committed to the India FTA and that steel imports are currently well below proposed quota thresholds

India likely to revise scotch whisky concession in UK trade agreement

New Delhi may rebalance commitments under the India-UK trade pact after Britain cut tariff-free steel import quotas and imposed fresh restrictions on shipments

CEPA with Oman offers India wider gateway to GCC, East Africa: Goyal

The Indian commerce ministry's early assessment suggests India's exports to Oman can grow to $7 billion within two years

Govt plans 'AI-against-AI' approach to strengthen digital public infra

Govt is considering deploying artificial intelligence to identify vulnerabilities and strengthen digital public infrastructure as concerns grow over advanced AI models' cybersecurity capabilities

FinMin calls for policy agility as economy shows 'cautious resilience'

The finance ministry on Saturday said strong domestic fundamentals support growth, but rising oil prices, a weaker monsoon and global uncertainty warrant continued policy vigilance

DFS secy advises PSU banks to ramp up preparedness amid West Asia war

DFS Secretary M Nagaraju reviewed PSU banks' performance and urged them to remain prepared and adaptable in view of the evolving situation in West Asia

India-Oman CEPA set to unlock new export opportunities from June 1

The India-Oman CEPA is expected to diversify exports, boost duty-free access and strengthen India's trade connectivity with GCC markets

India-Korea to expand CEPA talks on digital trade, supply chains

India and South Korea have expanded CEPA upgrade talks by forming new groups on digital trade, supply chains and strategic industries to address trade imbalances and deepen economic ties

US trade officials to visit India next week to advance bilateral trade pact

A US delegation led by chief negotiator Brendan Lynch will visit India from June 1-4 to advance negotiations on the proposed bilateral trade agreement

India seeks deeper Canada investment ties as CEPA talks gather pace

Piyush Goyal pitched India as a long-term investment destination during his Canada visit as both countries accelerate negotiations for the proposed CEPA trade agreement

India and Canada to conclude Cepa by November, says Piyush Goyal

Carney, after a meeting with Goyal, called the Cepa between the two nations a "game changer".

Anti-dumping duties can save India $3 billion per year in forex: Report

A report by C-DEP and Centre for WTO Studies says implementing pending DGTR recommendations could reduce forex outflow and support domestic industry with limited inflationary impact

Govt approves Skymap Pharma's ₹121 crore bid for IMPCL stake sale

The Centre approved Skymap Pharmaceuticals' Rs 121 crore bid for the strategic sale of its stake in Indian Medicines Pharmaceutical Corporation Ltd

Goyal's Canada visit may accelerate Cepa negotiations, deepen energy ties

Piyush Goyal's Canada visit is set to push CEPA talks forward, with energy security, clean energy and trade diversification in focus

Goyal on three-day Canada tour from May 25 to speed up Cepa negotiations

The upcoming visit will mark the first minister-level discussions between India and Canada after the signing of the terms of reference for the free trade agreement in March

Record RBI dividend likely to provide limited fiscal support: Economists

Economists warn of fiscal slippage risks in FY27 despite RBI's record surplus transfer, citing higher subsidy burden and lower revenue growth

Govt to offload up to 8% stake in Central Bank of India through OFS

The government will begin an offer for sale in the Central Bank of India on Friday, with a base offer of 4 per cent stake and an additional 4 per cent green shoe option

Considering several steps to contain widening CAD, says Piyush Goyal

Goyal said the government has no plans to cut non-essential imports into India as of now

Sitharaman, US envoy Gor discuss deepening India-US economic partnership

The finance minister and US Ambassador Sergio Gor discussed fintech collaboration, investment opportunities and bilateral economic ties amid ongoing trade negotiations