Page 243 - Economy

Trump's reciprocal tax plan sets off alarm bells amid global trade war buzz

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

Oil edges lower as potential Ukraine peace deal eases supply worries

For the week, Brent was set to gain about 0.5 per cent and WTI was up about 0.01 per cent

Select Committee of Lok Sabha to examine Income Tax Bill constituted

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

Natural gas, nuclear energy get renewed push from Trump-Modi trade talks

In a joint statement, PM Narendra Modi and US President Donald Trump reaffirmed their commitment to increase energy trade

India-US ties: First tranche of trade deal to be negotiated over 7-8 months

Experts upbeat as this comes after Trump's comments on India being the 'biggest tariff abuser'

Expect export growth to remain strong in coming quarters: Hinduja

Geopolitical turmoil has risen due to ongoing wars like the Russia-Ukraine conflict and the Israel-Gaza crisis, causing global instability

Global Investors Summit: Madhya Pradesh govt to showcase urban infra

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

Bond yields steady as debt auction pressures bond supply increase

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

Invest Karnataka 2025 wraps up with Rs 10.27 trillion commitment

Nearly 75 per cent of these investments are outside the Bengaluru district, with more than 45 per cent concentrated in North Karnataka

Forex reserves increase $7.65 bn to $638.26 bn in week ended Feb 7

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

RBI intervention boosts rupee to strongest weekly gain in 19 months

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

Reciprocal tariffs by Trump admin may not hurt India much, says GTRI

The GTRI also said that the US is not clear if the reciprocal tariff applies to specific products or entire sectors

WPI inflation eases to 2.31% in Jan, from 2.37% in Dec on food prices

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

Bond market participants expect more OMO purchases to aid liquidity

Banks bid 4.5x in Thursday's auction

Foolish to expect pvt sector to take care of everything: Economist Duflo

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

RBI-NBFC meet: Shadow banks seek new funding as bank credit tightens

RBI governor nudges NBFCs towards Unified Lending Interface

Govt, RBI keeping vigil on rupee fluctuation: FM Sitharaman in Rajya Sabha

Sitharaman said that overvalued currencies erode national competitiveness as exports become expensive and domestic companies will have to be given support

India to supply 100,000 care workers annually to global market: NSDC CEO

The NSDC is also placing special focus on partnering with educational institutions in Tier-II and Tier-III towns, as a large portion of the country's workforce resides in these areas

FM Nirmala Sitharaman introduces new Income-Tax Bill in Lok Sabha

FM urges Speaker Om Birla to constitute a select panel to examine the proposed law

Brazil nixes Brics currency, eyes less reliance on 'mighty' dollar

Brazil is pushing reforms within Brics to ease international payments in local currencies, opening the door to less dependence on the dollar for global trade