Net FDI nearly doubles to $6.2 bn in India in April‑October period

IANS | December 23, 2025 1:04 PM

New Delhi, Dec 23 (IANS) Net foreign direct investment (FDI) in India nearly doubled to $6.2 billion during April‑October from $3.3 billion a year earlier, primarily due to fall in repatriation of foreign capital despite a rise in outward FDI, an official statement has said.

Trade deal crucial to deepen US-India economic ties: Keshap

IANS | December 23, 2025 11:07 AM

Washington, Dec 23 (IANS) The United States and India must conclude a long-pending trade agreement to unlock deeper economic integration and reinforce business confidence on both sides, Atul Keshap, President of the US-India Business Council (USIBC), said following a recent visit to India.

Piyush Goyal lauds public sector banks, calls them key to MSME growth

IANS | December 23, 2025 10:42 AM

New Delhi, Dec 23 (IANS) Union Minister of Commerce and Industry Piyush Goyal said that public sector banks (PSBs) have emerged as strong and competitive institutions, standing shoulder to shoulder with private and foreign banks in supporting India’s growth.

Indian rupee stable in real effective terms, forex reserves adequate: RBI

IANS | December 23, 2025 10:37 AM

New Delhi, Dec 23 (IANS) In real effective terms, the Indian rupee remained stable in November, as depreciation of the INR in nominal effective terms was offset by higher prices in India compared to its major trading partners, according to the Reserve Bank of India’s (RBI) December Bulletin.

India’s rapid transformation impresses USIBC President

IANS | December 22, 2025 11:54 PM

Washington, Dec 22, (IANS) India’s economic acceleration and digital transformation are reshaping the country at a pace that many outside observers may underestimate, Atul Keshap, President of the US-India Business Council (USIBC), said after a recent visit.