Prices of food items like cereals (7.33 per cent), wheat (9.75 per cent), pulses (5.08 per cent), onion (28.33 per cent), and milk (2.69 per cent) accelerated during the month
The total reserves rose on the back of the rise in foreign currency assets which rose by $6.42 billion to $544.11 billion during the week
India imposes an effective import duty of 16.5 per cent on smartphones, whereas the US has a zero-duty policy
The joint statement said India will "soon" open new consulates in Los Angeles and Boston
Scrutinising crypto, other virtual digital assets may become easier
The European Commission on Friday said the US's 'reciprocal' policy is a step in the wrong direction and will react firmly and immediately against unjustified barriers to free and fair trade
For the week, Brent was set to gain about 0.5 per cent and WTI was up about 0.01 per cent
While introducing the Bill in the Lok Sabha on Thursday, Finance Minister Nirmala Sitharaman had urged Birla to refer the draft law to a Select Committee of the House
In a joint statement, PM Narendra Modi and US President Donald Trump reaffirmed their commitment to increase energy trade
Experts upbeat as this comes after Trump's comments on India being the 'biggest tariff abuser'
Geopolitical turmoil has risen due to ongoing wars like the Russia-Ukraine conflict and the Israel-Gaza crisis, causing global instability
He said that the state is rapidly expanding its infrastructure, housing, and smart city projects, with ongoing urban projects worth Rs 72,000 crore and upcoming projects worth Rs 88,000 crore
It has also infused Rs 1.25 trillion through long-term repos, and around Rs 440 billion rthrough a dollar/rupee swap, taking the total infusion to around Rs 2.68 trillion over the last one month
Nearly 75 per cent of these investments are outside the Bengaluru district, with more than 45 per cent concentrated in North Karnataka
Expressed in dollar terms, the foreign currency assets include the effect of appreciation or depreciation of non-US units like the euro, pound and yen held in the foreign exchange reserves
On Monday, the rupee slipped to an all-time low of 87.95 against the dollar, but the fall was limited as the RBI intervened by selling dollars in the spot market
The GTRI also said that the US is not clear if the reciprocal tariff applies to specific products or entire sectors
Jan 2025 WPI-based inflation: Retail inflation eased to a five-month low of 4.31% in January, down from 5.22% in December driven primarily by easing food prices
Banks bid 4.5x in Thursday's auction
France has a lot of good presses that specialise in publishing stories for children. I grew up reading books as well as weekly and monthly magazines, Esther Duflo said