Page 9 - Krity Ambey

Next trade order needs stronger developing-world voice: ICC Chair

Harsh Pati Singhania says his ICC tenure will focus on giving developing economies a stronger voice in global trade, AI governance and digital standards

Sitharaman begins four-day France visit to deepen economic, strategic ties

The finance minister will co-chair the India-France Economic and Financial Dialogue, meet business leaders and participate in a global economic forum during her four-day visit

India's fiscal deficit rose 12-fold to ₹1.62 trillion in April-May

Within tax revenue, the government's excise duty collections fell nearly 20 per cent to Rs 2.12 trillion in April-May

Govt plans wide-ranging reforms to modernise SEZ regime, spur investments

Proposals include allowing SEZ units to sell in the domestic market on a duty-foregone basis, accept rupee payments for services and undertake manufacturing for domestic firms

Sustained Hormuz disruption may crowd out pvt capex in India: Report

Extended Strait of Hormuz disruption could fuel inflation, weaken the rupee, widen the current account deficit and crowd out private investment, says report

Small savings rates remain unchanged for 10th consecutive quarter

The Centre has retained interest rates on all small savings schemes for the July-September quarter, extending the status quo for the 10th consecutive quarter despite policy rate cuts

Long road to 50 as govt moves fiscal anchor from deficit to debt-GDP ratio

A lower GDP base, subsidy pressures, geopolitical shocks and future spending commitments could make the Centre's goal of reducing debt to 50 per cent of GDP by FY31 significantly more challenging

Govt to add ₹30,000 crore to NIIF to catalyse foreign investments

The Centre's total commitment to the sovereign-anchored fund will rise to Rs 60,000 crore, supporting a new infrastructure fund and attracting global investors

India to prioritise Qatar, Bahrain FTAs over GCC trade agreement

New Delhi expects bilateral negotiations with Qatar and Bahrain to move faster than GCC-wide talks, while also preparing to revive trade negotiations with Israel

Goldman Sachs lifts FY27 India growth forecast to 6.5% as oil price easing

Brokerage cites easing oil prices after the US-Iran peace deal, raises India's FY27 growth forecast to 6.5% and lowers headline inflation projection to 4.9%

India's steel exports to EU may fall 24% due to CBAM, says ICRIER study

ICRIER says the EU's Carbon Border Adjustment Mechanism could cut India's steel exports by 24 per cent and have only a marginal impact on global carbon emissions

Govt eases quality control order hurdles for toys, ACs and furniture

Government eases QCO compliance with a transition scheme, offering manufacturers temporary relief while maintaining quality standards

Centre's disinvestment receipts in Q1 FY27 exceed FY26 proceeds

Government disinvestment receipts have crossed ₹18,000 crore in FY27's first quarter, already surpassing the total stake-sale proceeds of FY26

No US trade deal until India gets competitive edge, says Piyush Goyal

Commerce minister says agreement hinges on Washington providing tariff advantage against rival economies

India, US end latest trade talks with no clarity on proposed interim deal

Commerce Minister Piyush Goyal and US Trade Representative Jamieson Greer reviewed key trade issues, but negotiations offered few signals on when an interim agreement may be concluded

Amid fiscal worries, govt puts PSU share sales on fast track to raise funds

As part of the stake-sale drive, an OFS in LIC is also likely to be launched "very soon"

Energy stress, weak monsoon to slow India's growth to 6.6% in FY27: S&P

The rating agency expects higher inflation, a possible RBI rate hike and slower economic growth amid energy market disruptions and below-normal monsoon conditions

July 24 deadline not my worry, says Piyush Goyal ahead of Greer visit

Commerce Minister Piyush Goyal says India does not negotiate trade agreements under deadlines as USTR Jamieson Greer arrives for talks on the interim trade deal

India-UK social security pact to yield £500 million annual savings

The Double Contribution Convention will exempt eligible Indian professionals and employers from UK social security payments for five years, reducing costs significantly

CFOs accountable for balance sheet transparency: NFRA Chair Nitin Gupta

NFRA chief Nitin Gupta says CFOs must ensure transparent financial reporting, citing corporate frauds from Haridas Mundhra to Rajesh Exports