New Delhi, Sep 4 (IANS) India’s recent currency depreciation has not translated into a strong export recovery because a missing middle of mid‑technology and intermediate goods is failing to respond, a report said on Friday, adding that trade deals and lower export tariffs could solve this issue.
New Delhi, Sep 4 (IANS) The Reserve Bank of India could raise its key repo rate to 5.75-6 per cent in the second half of FY27 as it seeks to contain excess banking liquidity and rising inflation amid strong economic growth, according to a report.
New Delhi, Sep 4 (IANS) Finance Minister Nirmala Sitharaman held a series of discussions with CEOs of global companies in New York on the new investment opportunities in digital infrastructure opening up in India’s fast growing economy, according to an official statement posted on X on Friday.
New Delhi, Sep 4 (IANS) The non‑tech Global Capability Centre (GCC) roles in India are likely to reach about five lakh by 2028 with digitally enabled business functions emerging as an important growth engine, a report said on Friday.
New Delhi, Sep 4 (IANS) State-run Steel Authority of India Ltd (SAIL) on Friday said it reported a 13 per cent year-on-year increase in sales to 1.87 million tonnes in August, while its production of hot metal, crude steel and saleable steel reached record levels for the month.
New Delhi, Sep 4 (IANS) Tata Chemicals said on Friday that its Kenya subsidiary -- Tata Chemicals Magadi Limited (TCML) -- was fully compliant with regulatory requirements and was awaiting the government's review of documents it had submitted as a dispute over the unit's operations escalates.
New Delhi, Sep 4 (IANS) The Reserve Bank of India's measures to attract foreign inflows have been a resounding success which will help India maintain a balance‑of‑payments surplus of $65–75 billion in fiscal 2027, a new report has said.
New Delhi, Sep 4 (IANS) The pilot-in-command of Air India flight from Phuket to Delhi tested positive for a psychoactive substance in a confirmatory test following an altitude upset during cruise and it is a serious concern, according to a preliminary report released on Friday by the Aircraft Accident Investigation Bureau (AAIB).
Mumbai, Sep 4 (IANS) India need not worry about repayment of foreign currency non‑resident (bank) FCNR (B) deposits when they mature in five years, World Bank Executive Director for India, Neelkanth Mishra, as the instrument is a relatively cheap source of capital that can be rolled over if global financing conditions remain unfavourable.
New Delhi, Sep 4 (IANS) The surge in data‑centre investment in India is likely to make a modest direct contribution to gross domestic product (GDP), adding 0.13 per cent to it, a new report has said.
