Page 252 - Economy

Decentralisation of industries, rural employment key priorities: CM Majhi

Our government is committed to making Odisha one of the most business-friendly states in India. We have a single-window clearance system for investors, said CM Majhi

Govt approves Mutual Credit Guarantee scheme to strengthen MSME sector

Mutual Credit Guarantee scheme will provide 60% guarantee coverage for loans up to Rs 100 crore

Centre launches occupational shortage index to boost job opportunities

Additionally, the ministry launched the multilingual e-Shram microsite facility to ensure that unorganised workers have seamless access to both state and central government welfare programmes

Seattle consulate hosts forum to highlight India investment opportunities

A day earlier, the Indian Consulate in Seattle had hosted a special reception at the Bell Harbour Conference Centre to commemorate India's 76th Republic Day on Sunday

India considering lowering tariffs on some high-end products from US

The potential tariff cuts come just a day after US President Donald Trump criticised India, China, and Brazil for imposing high tariffs

India needs fiscal policy changes for 6.4% GDP growth rate in 2025: Moody's

Moody's Analytics said it expects the 2025-26 Union Budget to support domestic demand, particularly investment while aiming for a fiscal deficit of less than 4.5 per cent of GDP for the next fiscal

Reserve Bank of India's $5 billion swap shakes up rupee and bond markets

Forward premiums dip, rupee slides, and bond yields fluctuate

Experts see change of tack in Reserve Bank of India's liquidity handling

They say central bank is focused on durable relief rather than ad hoc support

US President Trump calls for 'fair' trade ties with 'tariff maker' India

Says Modi likely to travel to US in February

India, Oman agree to amend tax treaty to promote greater cooperation

DTAA is signed between nations to avoid double taxation and prevent fiscal evasion as far as taxes on income is concerned

Rising wheat prices also have a subsidy aspect, thanks to open market sales

According to traders, the price spike this time could last a little longer as the Centre's ability to intervene in the market through open market sales might get squeezed due to dwindling stocks

RBI's liquidity move boosts rate cut expectations: Canara Bank MD & CEO

I personally feel that steps may start addressing concern only from April onwards. In two months, the banking industry, most of them, will be aggressive on the top line, K Satyanarayana Raju said

Trump calls India, China high tariff nations, vows to establish fair system

While the memorandum did not specify the countries on which the US would impose higher tariffs, Trump has separately mentioned that high tariffs would be slapped

Russia oil trade with China, India stalls as sanctions drive up costs

Washington imposed fresh sanctions on Jan 10 targeting Russia's oil supply chain, causing tanker freight rates to soar as some buyers and ports in China and India steered clear of sanctioned ships

Trump vows tariffs on nations that 'harm' US; names India, China, Brazil

We're going to put tariffs on outside countries and outside people that really mean harm to us said Trump

UK trade secy Jonathan Reynolds to visit India in Feb for FTA talks

Co-hosted with the High Commission of India in the UK, the annual event brought together leading figures from the world of politics, business, finance and technology within the India-UK corridor

RBI's Rs 1.5 trillion liquidity booster raises Feb rate cut hopes

RBI announces OMOs, VRR auction, $-rupee buy-sell swap

India, Oman trade ministers discuss advancing FTA negotiations pact

In such agreements, two trading partners either significantly reduce or eliminate customs duties on a maximum number of goods traded between them. They also ease norms to promote trade

Finance ministry pushes PSBs to boost affordable insurance coverage

PSBs achieved only 51% of enrolment targets for the Pradhan Mantri Jeevan Jyoti Bima Yojana by Dec 2024

Why shipbuilding needs a sea change to fulfil India's 2047 dreams

India paid $109 billion in sea freight to foreign operators in 2021-22, and last year stood vulnerable to international price volatility and impact of sanctions on Russia during the geopolitical crise