MSMEs hold the key towards becoming a Viksit Bharat

IANS | May 31, 2025 11:01 AM

New Delhi, May 31 (IANS) Micro, small and medium enterprises (MSMEs) are the key towards becoming a Viksit Bharat by 2047, and it is the right time to speak about Industry and MSME collaboration to celebrate their contribution to India’s aspirations, a top government official has stressed.

Indian economy poised to remain fastest-growing one in FY26: SBI report

IANS | May 31, 2025 10:04 AM

New Delhi, May 31 (IANS) The Indian economy is poised to remain the fastest-growing major economy in FY26 by leveraging its sound macroeconomic fundamentals, robust financial sector and commitment towards sustainable growth, according to a State Bank of India (SBI) report.

Trump to double steel tariffs to 50 pc from next week

IANS | May 31, 2025 9:48 AM

Washington, May 31 (IANS) US President Donald Trump has said that he planned to double tariffs on foreign imports of steel to 50 percent starting next week, further casting a cloud on steelmakers around the globe.

India-Chile economic pact to boost global value chains

IANS | May 31, 2025 9:40 AM

New Delhi, May 31 (IANS) The India-Chile Comprehensive Economic Partnership Agreement (CEPA) will pave the way for a deeper economic partnership and the creation of strengthened global value chains between the two countries, the government has said.

India's forex reserves rise by $6.99 billion to cross $692.7 billion

IANS | May 30, 2025 6:50 PM

New Delhi, May 30 (IANS) India's foreign exchange reserves recorded a robust increase of $6.99 billion to $692.72 billion for the week ended May 23, according to RBI’s weekly data released on Friday. Foreign currency assets, a major component of the reserves, surged by $4.52 billion to $586.17 billion, the figures showed.