BUSINESS
India’s Trade Surges in Q4 2024, Defies Global Uncertainties: UN Report
The report points out that while international trade experienced vigorous growth during the year, some of the developed economies faced slowdowns in trade. But India was notable for having performance above the average, with both imports and exports growing.
Our approach is ‘India First’ in trade talks with US, says Piyush Goyal (Bus)
Posting on X (formerly Twitter), Goyal posted a picture of his meeting with Greer, reiterating that India's strategy in the trade talks would be based on the principles of "India First," "Viksit Bharat," and the Comprehensive Strategic Partnership between the two countries.
RBI May Cut Interest Rates Next Month as Inflation Eases: HSBC
The RBI has already started a rate-cutting cycle and will have to come out with another 25 basis points (bps) cut in its April monetary policy committee (MPC) meeting, reducing the repo rate to 6%," the report added.
India to cross $800 billion in exports this year with major share of Services, Says Piyush Goyal
Speaking on the changing world order, the minister highlighted the government's strong commitment to supporting Indian exporters—both goods and services—by working day and night to protect their interests and strengthen the country's trade opportunities.
Worli's Luxury Property Market Soars with ₹4,862 Cr Deals, Prices Jump 30%
The report points out that ultra-luxury residential transactions in Worli totaled ₹4,862 crore between 2022 and 2024, indicating the locality's growing popularity among high-net-worth individuals (HNIs) and investors.
Canada Files WTO Complaint Against US Steel and Aluminum Tariffs
The WTO on Thursday said Canada's request had been notified to its member countries.
TN govt's removal of rupee symbol from Budget logo undermines national unity, says FM Sitharaman
Union Finance Minister Nirmala Sitharaman criticized the move, calling it "a completely avoidable example of language and regional chauvinism."
Gold Futures Extend Rally for Second Day, Touch Record High of ₹86,875 per 10g
On Multi Commodity Exchange (MCX), April gold futures touched an all-time high of ₹86,875 per 10 grams during early trading.
India's Tea Exports Reach Highest Level in a Decade
The average export price of Indian tea also increased by 10%, bringing much-needed respite to the industry, which had been hit by weather-related issues in 2023.
Moody’s Forecasts India’s GDP Growth to Exceed 6.5% in 2025-26
The report emphasizes that while it faced a transient slowdown midway in 2024, the Indian economy has poised itself among the fastest-moving big economies across the world with improved growth drivers in place.
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