Page 208 of ECONOMY

Oman’s trade minister visits India amid FTA buzz

The visit comes amid reports Oman has been keen on an FTA between India and the members of the Gulf…

May 11, 2022 08:53 IST

Rate hike not surprising, says FM Nirmala Sitharaman

She says RBI step won’t stymie govt’s capex plan, speaks about the necessity for revenue-neutral GST rate.

May 8, 2022 05:30 IST

Stable rupee, low inflation to herald return of FPIs

The central bank’s focus on inflation, market strategists believe, would contain any weakness in the rupee, making investments in equities…

May 6, 2022 09:22 IST

Exports up 24 pc to USD 38 bn in Apr; trade deficit widens to USD 20 bn

The trade deficit in April 2022 widened to USD 20.07 billion as against USD 15.29 billion in the year-ago period,…

Updated: May 3, 2022 17:56 IST

Incremental credit-to-GDP share likely to breach 50% mark in FY23, says report

FY22 ended with an incremental credit growth at Rs 10.5 lakh crore, 1.8 times higher than growth of Rs 5.8…

May 2, 2022 15:37 IST

World’s growth engines are sputtering

Prevailing growth models are not up to pulling economies through unanticipated negative shocks. They have also failed to maintain a…

April 29, 2022 03:40 IST

Data Drive: The changing exports mix

It is worth noting that the share of exports in the GDP has fallen from the FY12 level, but improved…

April 29, 2022 01:15 IST

Ukraine war-triggered wheat exports an attempt at bridging a shortage but exposes policy gaps

“India has lacked a consistent policy on import and export of foodgrains, which in the current context mayleave scope open…

Updated: April 28, 2022 14:42 IST

A manufacturing growth formula for Indian policymakers

The growth trajectory for Indian manufacturing must take into account not just the current value added, but also the challenges…

April 28, 2022 03:45 IST

FM Nirmala Sitharaman assures investors of addressing pain points to encourage investments

Addressing a roundtable on ‘Investing in India’s Digital Revolution’ in San Francisco, the minister encouraged constant engagement with investors to…

Updated: April 27, 2022 12:04 IST

India faces difficult growth-inflation tradeoffs: IMF

The IMF last week trimmed its FY23 India outlook by 80 basis points from an earlier forecast to 8.2%, citing…

April 27, 2022 06:00 IST

Downside risks to global growth: Downward revision cycle for global economic outlook has begun

Despite the IMF and other forecasters’ prediction of a soft landing, several reasons lead us to believe that this can…

April 27, 2022 03:45 IST

As G-20 chair, India has a unique role in addressing global challenges: IMF chief

IMF Managing Director Kristalina Georgieva made the remarks at a joint news conference with Nadia Calviño, Chair, the International Monetary…

Updated: April 22, 2022 10:59 IST

Sitharaman reaffirms India’s commitment to fighting money laundering, terror financing; lauds FATF

Sitharaman said this as she attended the FATF Ministerial Meeting conducted here alongside the 2022 Spring Meetings of the International…

April 22, 2022 10:05 IST

But even these revised forecasts are fraught with heightened uncertainties, with risks tilted to the downside, it has warned.

Finance Minister Nirmala Sitharaman calls for joint efforts to protect economies from shocks

The Russia-Ukraine war has driven by global crude oil and food prices, disrupted supply chains and posed renewed risks to…

April 22, 2022 03:30 IST

Historic India-UAE trade pact effective from May 1: Emirati minister

The agreement will provide significant benefits to Indian and UAE businesses, including enhanced market access and reduced tariffs.

April 21, 2022 15:31 IST

Commerce ministry to conduct outreach programmes to promote UAE, Australia trade pacts

“The main objective of these programmes is to inform Indian exporters about the export opportunities which these trade agreements will…

April 21, 2022 14:51 IST

World Bank President David Malpass welcomes India’s move of selling oil from its stockpiles

Speaking on the sidelines of the annual Spring meeting of the IMF and the World Bank held here, Malpass told…

April 21, 2022 12:00 IST

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Reliance Retail bold quick commerce push – adds 600 dark stores to speed up deliveries

Business25 min ago

Reliance Industries’ Q2 earnings show a strong emphasis on retail and quick commerce, with 600 dark stores and 3,000 physical stores added. BNP Paribas predicts this will drive future growth, supported by a 19% revenue increase and 200% surge in quick commerce orders. Expansion into tier-2 and tier-3 cities, new brand launches, and wider distribution have also contributed to the company’s success.

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