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India, UAE To Accelerate Local-Currency Settlement And Cross-Border Payment Integration

New Delhi, Sept. 29 -- India and the UAE have agreed to accelerate work on local-currency settlement and integration of their payment and financial messaging systems to facilitate cross-border trade a... Read More


India's Merchandise Exports Rise Over 15% In First Six Months Of FY27: Goyal

New Delhi, Sept. 29 -- India's merchandise exports have increased by more than 15 per cent during the first six months of the current financial year up to September 21, despite global economic uncerta... Read More


India's Crude Imports Rise 13% In September As Russian Supply Remains Dominant

New Delhi, Sept. 29 -- Russia remained India's largest source of crude oil in September, with shipments broadly maintaining the previous month's levels amid disruptions to supplies through the Persian... Read More


RBI Scrutiny Prompts Promoter Groups To Reassess NBFC, Holding Company Structures

New Delhi, Sept. 29 -- Rising scrutiny by the Reserve Bank of India (RBI) is prompting some promoter groups to reassess the structure of their holding companies and non-banking financial companies (NB... Read More


India, UAE Review Trade, Investment & Financial Cooperation at 14th Joint Task Force Meeting in Mumbai

New Delhi, Sept. 28 -- India and the UAE reviewed bilateral trade, investment projects and financial-sector cooperation at the 14th meeting of the India-UAE High Level Joint Task Force on Investments ... Read More


Broadening Inflation, Strong Growth Raise Expectations of RBI Rate Hike in October

New Delhi, Sept. 28 -- Broadening inflation, strong economic growth and rising global interest rates are increasing expectations of a rate hike by the Reserve Bank of India (RBI) at its October policy... Read More


India's BESS Set for Sharp Rise to 45-50 GWh Over Two Fiscal Years: Crisil

New Delhi, Sept. 28 -- India's battery energy storage system (BESS) capacity is expected to reach 45-50 GWh over the current and next financial years, compared with around 1 GWh installed by the end o... Read More


GST Council May Bring Metro Rail Under E-Way Bill Rules, Treat Permanent IPR Transfers as Services

New Delhi, Sept. 28 -- The GST Council is likely to consider a proposal to explicitly include metro rail in the modes of transport covered by e-way bill rules, potentially enabling businesses to gener... Read More


UP Targets 2.5-Fold Rise in Annual Exports to Rs 5 Lakh Crore by 2030: Piyush Goyal

Lucknow, Sept. 28 -- Uttar Pradesh is targeting an increase in annual exports from around Rs 2 lakh crore currently to Rs 5 lakh crore by 2030, Union Commerce and Industry Minister Piyush Goyal said a... Read More


CM Yogi Seeks Faster UP Budget Utilisation, Sets 70% Approval and 60% Spending Targets in Two Months

Lucknow, Sept. 28 -- Uttar Pradesh Chief Minister Yogi Adityanath has directed state departments to speed up financial approvals and improve budget utilisation, setting a target of achieving 70 per ce... Read More