BUSINESS
Watch| Anupam Mittal Slams Suhel Seth for Calling Shaadi.com Founders ‘Fraud’: 'Ye Deshdroh Bandh Karo'
Seth had criticized most startup founders of being interested only in getting themselves richer while their firms accumulate humongous losses.
India, UK Reaffirm Commitment to Free Trade Pact and Strengthening Supply Chains
This pledge was emphasized during the 13th edition of the Economic and Financial Dialogue (EFD) in London, co-chaired by India's Finance Minister Nirmala Sitharaman and the UK Chancellor of the Exchequer, Rachel Reeves.
India Defies Global Headwinds to Achieve Record Export Growth
This amount represents an estimated 6% increase from the last fiscal year, as per data presented by the commerce ministry on Wednesday.
India Shuts Down Trans-shipment to Bangladesh as Dhaka’s Rhetoric Intensifies
"The Transshipment facility accorded to Bangladesh had over a period of time caused serious congestion at our ports and airports. Delays in logistics and increasing costs were also hampering our own exports and causing backlogs."
Trump Says Tariff Pause Came as People Were Getting Restless
The revised policy lowers tariffs to 10% for imports from countries that have refrained from retaliating with additional duties on American products. This shift affects over 75 nations currently seeking to reach trade understandings with the US, including India, which remains in ongoing discussions with Washington over a potential Bilateral Trade Agreement.
Trump Eases Tariffs on Nations Like India That Chose Not to Retaliate
India, which did not retaliate against the 26% duty imposed by Trump, has maintained trade talks with the US government. This is in line with the policy of almost 70 countries, which have also chosen negotiation over retaliation.
RBI Cuts 2025-26 GDP Growth Forecast to 6.5% Amid Rising Global Uncertainties
RBI Governor Sanjay Malhotra cited global policy changes and rising trade uncertainties, especially in view of the recent tariff increases imposed by the United States.
RBI Lowers 2025-26 Inflation Projection to 4%
"Headline inflation eased in January-February 2025 after food inflation sharply corrected," Malhotra pointed out. He pointed out that previous fears of Rabi crop have now subsided. The second advance estimates indicate a record wheat harvest and higher production of pulses. With firm Kharif arrivals, these are likely to bring about a continued softening of food prices.
India offers a compelling growth opportunity for foreign banks, Says FM Sitharaman
Addressing the India-UK Investor Roundtable in London on Tuesday — when close to 60 delegates from pension funds, insurers, banks, and other players from the finance sector were present — Sitharaman outlined India's strategic priorities to promote sustainable growth and an investor-friendly environment.
RBI Lowers Repo Rate by 25 Basis Points, Adopts Accommodative Stance to Boost Growth
As part of the rate cut, the central bank has also changed its monetary policy stance from 'neutral' to 'accommodative' to boost liquidity and promote investment.
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