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India's trade dependence on EU, China sees spike: UNCTAD report

India’s dependence for trade on the European Union (EU) and China is rising as global trade has seen a restructuring along the geopolitical lines in the past two years, according to a report by the United Nations Conference on Trade and Development (UNCTA...

6 months ago

India third-most improved business destination in the world: Report

Greece, Qatar and India have improved the most globally in providing the best environment to businesses in the past one year, according to a report by Economist Intelligence Unit (EIU).India came third on the list of most improved countries as a result of...

6 months ago

Strong will power, target of self-reliance behind defence exports crossing Rs 20k cr: Rajnath Singh

Strong will power and the current government’s vision to become self-reliant in every sector were the factors behind India’s defence exports jumping above Rs 20,000 crore in FY24, said Union minister and senior BJP leader Rajnath Singh in an exclusive int...

6 months ago

RBI MPC Highlights: Here are the key takeaways

1/9 RBI to keep rates unchanged by a 5:1 majority. (Image: PTI) 2/9 RBI maintains a stance of 'withdrawal of accommodation', says RBI governor Shaktikanta Das.  (Image: ANI) 3/9 Core inflation has declined steadily, notes RBI; MPC must actively...

6 months ago

Mismatch in HRA claims: No special drive launched to reopen cases, CBDT clarifies

Central Board of Direct Taxes (CBDT) on April 8 refuted several media reports that claimed a special drive has been initiated to reopen cases of mismatch between house rent allowance (HRA) and actual rent paid by taxpayers.“There is no special drive to re...

6 months ago

Copper prices have risen 11% in 2024 so far. Why is the metal surging?

Copper has been on a surging spree in 2024, with the metal jumping 11 percent so far as investors see a positive outlook ahead over global demand.The metal has also been trading near 14-month high on the London Metal Exchange around $9,500 per metric ton,...

6 months ago

Govt asks airlines to carry out risk assessment before flying on international routes

The civil aviation ministry has advised domestic airlines to assess the risks before flying on international routes amid growing tensions in the Middle East.Vumlunmang Vualnam, the civil aviation secretary, on April 16 said that the government has asked t...

6 months ago

'UPA govt wanted RBI as its cheerleader': BJP's Smriti Irani on ex-RBI Governor's memoir

Union minister and BJP leader Smriti Irani on April 16 accused Congress for ‘institutional abuse’ during its rule between 2004 and 2014 after former Reserve Bank of India governor D Subbarao in his soon-to-be released memoir claimed that senior government...

5 months ago

Modi’s 100-day agenda includes $1.2 bn plan for new cities

Indian government officials are discussing proposals to subsidize interest on home loans, create new urban centers and reduce bankruptcy delays as part of Prime Minister Narendra Modi’s 100-day agenda if he returns to office, people familiar with the matt...

5 months ago

Israel-Iran conflict: Will take all steps required to reduce impact on India, says Sitharaman

All necessary steps required to mitigate the fallout of the Israel-Iran conflict on India will be taken, Union Finance Minister Nirmala Sitharaman said during an interview with CNBC Awaaz on April 18.Sitharaman said the government will act as and when req...

5 months ago

Iran-Israel conflict: Strait of Hormuz blockade could trigger Oil and LNG price surge, analysts warn

Analysts have warned that if Iran were to block the Strait of Hormuz, a vital passage for countries like India to import crude oil from Saudi Arabia, Iraq, and the UAE, both oil and LNG prices could soar, potentially leading to inflation spikes.The confli...

5 months ago

Escorts Kubota to hike tractor prices from May, stock rises 2.3%

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5 months ago

Smoking hookah more injurious than cigarettes: Karnataka HC upholds state ban

Smoking hookah is less harmful than cigarettes is a common misconception, said Karnataka High Court on April 22 while dismissing challenges to a state government notification banning shish smoking, Bar and Bench reported.The state government had issued a...

5 months ago

Winners of critical minerals auction expected in May, Centre may invite more bids: Report

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5 months ago