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Subhayan Chakraborty is a Special Correspondent with Business Standard. He is based out of New Delhi and writes on the oil & gas, and the telecom sectors. Earlier, he has closely tracked international trade and industry, macro-economic policy, and foreign affairs. An alumnus of Indian Institute of Mass Communication, his previous stints include Moneycontrol, and Paytm.
Subhayan Chakraborty is a Special Correspondent with Business Standard. He is based out of New Delhi and writes on the oil & gas, and the telecom sectors. Earlier, he has closely tracked international trade and industry, macro-economic policy, and foreign affairs. An alumnus of Indian Institute of Mass Communication, his previous stints include Moneycontrol, and Paytm.
Goenka said while the RBI has reduced the repo rate, banks have not cut their lending rates. They are not reducing it because of the input cost-output cost difference
In the meantime, the US has clarified that its position on Kashmir hasn't changed and it continued to view it as a bilateral issue
Steel, chemicals, MSME and agri ministries have also opposed deal
The RCEP is India's most ambitious trade pact, currently under negotiation
Centre to prepare report on U K Sinha panel's recommendations within 8 days
Non-oil, non-gold imports contract for 9th straight month in July
A persisting liquidity crisis in the MSME added to the manufacturing sector's woes
Brands hope for volume sales even before setting up physical stores
As businesses go digital, mitigating cybersecurity issues remains prime focus for the company
Exports to be factored in to meet 30% domestic sourcing norm
Banks will also have to return all documents within 15 days of a loan closure, helping borrowers whose mortgaged assets are tied up
After More and Future Retail deals, the e-commerce giant has access to more than 2,100 offline stores across the country
Automakers have expressed apprehensions over the government's vigorous push to convert 15 per cent of all vehicle sales in the next five years into electric-powered ones
The manufacturing segment constitutes the bulk of the IIP at 77.6%
The development comes at a time when India continues to explore all possible options when it comes to bridging its enormous trade deficit with manufacturing powerhouse China
FM Nirmala Sitharaman is holding daily meetings with industry in the backdrop of sluggish economic growth
In meet with Sitharaman, industry seeks Rs 1-trillion stimulus package and lower lending rates
The upcoming meet is set to see the Asean nations, desperate to sign the deal by 2019-end, make a crucial push to get both India and China on the same page when it comes to tariff reduction
The Board was a key poll promise of the BJP and will improve access to funds, cut down on compliance burden.
The government reportedly fears the figure for revenue foregone may be as high as Rs 60,000 crore for the proposed Regional Comprehensive Economic Partnership deal once it goes live