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State-owned banks asked to build buffers

New Delhi, June 4 -- The finance ministry has asked public sector banks (PSBs) to build additional provisioning buffers against emerging stress in retail, MSME (micro, small and medium enterprises) an... Read More


State-owned banks asked to build buffers

New Delhi, June 4 -- The finance ministry has asked public sector banks (PSBs) to build additional provisioning buffers against emerging stress in retail, MSME (micro, small and medium enterprises) an... Read More


US proposes new forced-labour tariffs; India says it will fight the levies

New Delhi, June 3 -- The Office of the United States Trade Representative (USTR) has proposed sweeping new import tariffs on 60 global economies, including India, after concluding a series of major tr... Read More


India, UK step up efforts to operationalize trade pact

New Delhi, June 2 -- India and the UK on Tuesday reviewed progress in implementing their Comprehensive Economic and Trade Agreement (Ceta), with senior officials and ministers from both sides discussi... Read More


India to unveil revamped WPI, producer price indices on 15 June

New Delhi, June 2 -- The government will this month roll out a revised Wholesale Price Index (WPI) with a new 2022-23 base year and introduce a new set of Producer Price Indices (PPIs), marking a majo... Read More


Confident of concluding first phase of India-US BTA soon, says minister Piyush Goyal

New Delhi, June 1 -- India and the US are closing in on the first tranche of a bilateral trade agreement (BTA), with both sides signalling that only minor issues remain before finalization, commerce a... Read More


India-Oman free trade pact kicks in, opens duty-free access for 99% exports

New Delhi, June 1 -- The India-Oman Comprehensive Economic Partnership Agreement (CEPA) came into force on Monday, granting duty-free access to most of India's exports to the Gulf country and marking ... Read More


India, Canada aim to conclude trade pact by year-end; launch new investment forum

New Delhi, May 29 -- India and Canada on Friday reaffirmed their commitment to strengthening bilateral trade and investment ties, with both sides aiming to conclude negotiations for the proposed Compr... Read More


Ten years of recovery: How a bankruptcy legislation turned India's banks around

New Delhi, May 28 -- A decade ago, the banking system was facing ballooning bad loans. Public sector banks were loaded with bad debts, and defaulting promoters retained control of failing companies wh... Read More


India, US to hold fresh round of talks on bilateral trade agreement in Delhi from 1-4 June

New Delhi, May 27 -- A delegation from the United States will visit New Delhi from 1-4 June for another round of negotiations on the proposed India-US Bilateral Trade Agreement (BTA), as both sides in... Read More