Page 254 - Economy

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

Govt to tighten fiscal purse despite slowing economic growth: Reuters poll

An expected fiscal deficit of 4.5% of gross domestic product represents a slight tightening of the purse compared with the fiscal year about to end, at 4.8%

Rupee weakens amid yuan slide, potential equity outflows, trade concerns

Investors' focus will be the Federal Reserve's policy this week. The Fed is widely expected to make no changes to the policy rate and no new projections on inflation and rates are due at this meeting

Govt shifts focus from privatisation to investing billions in ailing PSUs

Political pressure on Modi have increased after he came back to power only with help of regional allies, making it difficult to overcome opposition to privatisation by employee unions fearing job loss

Centre initiates anti-dumping probe into PVC resin imports from EU, Japan

The commerce ministry's investigation arm, Directorate General of Trade Remedies (DGTR), is probing the dumping as imports are allegedly hurting the margins of the domestic industry

India's finished steel imports from China hit 7-year high in April-Dec

China, the world's top steel producer, shipped 2.1 million metric tonnes of finished steel to India during April-December, up 13.3 per cent year-on-year, the data showed

Piyush Goyal to visit Oman to push forward India-Oman FTA discussions

The formal commencement of the India-Oman FTA negotiations began in November 2023. The negotiations on the text of most chapters were concluded by India and Oman by January 2024

CEOs bet on boost in consumption, infrastructure this Budget: BS Poll

India Inc sees uptick in investments, jobs

Reserve Bank of India ombudsman resolves 95% of complaints in FY24

Complaints rise 32 per cent in FY24

Rate cut alone may not boost growth, economists tell RBI top brass

Say durable liquidity infusion needed to reinvigorate economy; bank CEOs to meet RBI officials today

Statsguru: India does not collect more taxes than its peers, data shows

India has lower govt revenues than peers