RBI board reviews Economic Capital Framework as part of five-year cycle, with FY25 surplus transfer expected to set a new record amid strong balance sheet gains
Commerce Secretary Sunil Barthwal expressed optimism, saying he hopes India will continue to sustain the current export momentum
India to discuss proposed retaliatory tariffs on US goods during trade talks starting May 17, amid efforts to finalise a broader bilateral trade agreement targeting $500 billion by 2030
The rupee closed at 85.55 against the dollar on Thursday amid oil importer demand, while RBI bond purchases and soft crude prices supported market sentiment
India and the US are making steady progress on a bilateral trade deal, with high-level talks scheduled in Washington as both nations explore early wins and deeper economic cooperation
Arvind warns its FY26 margins may be affected by US tariffs; pauses non-essential capex and awaits clarity. Exports remain strong, with demand rising and UK FTA offering new growth potential
External Affairs Minister S Jaishankar responds to US President Donald Trump's 'zero tariff' claim, stating that India-US trade talks are ongoing, complex, and far from final
In 2024, the country received $1 billion under an Extended Fund Facility (EFF) worth $7 billion approved for disbursal over 37 months. The same year, it shelled out $10.2 billion in defence spends
Creditors recovered ₹67000 crore through IBC in FY25 a 42% jump from FY24 aided by record corporate resolutions and higher NCLT capacity after new appointments
Trump claimed that India was offering 'no tariffs' on US exports, but did not elaborate on the trade deal
With tensions now subsiding since the ceasefire between the two countries on May 10, those still posted there are breathing a sigh of relief after an anxious period punctuated by blackouts and sirens
The sharpest vegetable price fall since October 2023 and a broad-based slowdown in fuel and manufactured goods inflation pulled WPI to its lowest level in over a year
With inflation staying under RBI's 4% target for two months, economists expect three back-to-back repo rate cuts, starting with a 25 bps reduction in June
India's outbound FDI increased by nearly 90 per cent annually to $6.8 billion in April, led by Tata Communications, Life Insurance Company and JSW Neo Energy
Besides, PLFS' quarterly numbers will now be brought out separately for rural, urban as well as the combined figures for rural and urban areas, according to a ministry statement
The International Monetary Fund will on Wednesday hold virtual discussions on Pakistan's upcoming budget as the visit of its mission to Islamabad was delayed due to security concerns in the region.
April 2025 WPI-based inflation: Oil prices fell by 3.95%, electricity prices dropped by 1.38%, while coal prices rose slightly by 0.22%
Following their support to Pakistan, calls for Turkish goods and tourism have surfaced across the country
India's coal imports declined to 220.3 mt in April-February FY25 amid a rise in domestic output, saving $6.93 billion in forex and reducing dependence on imports
India annually imports around 300,000-500,000 tonnes of apples from nearly 40 countries across the globe, and Turkiye is one of them