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The government has deployed a muscular, no-nonsense foreign policy that has won it popularity at home. Many believe India had taken a passive, backroom approach to settling issues for too long, with few tangible benefits to show for it.
The way in which the new restrictions have been imposed mark a journey towards more discretionary regulation
The White House has stated that the IPEF will frame rules for the digital economy, including standards on cross-border data flows and data localisation. But officials say the new partnership is based on broad intent and not fixed outcomes.
Goa’s Information Technology Minister Rohan Khaunte has said the state government will work towards bridging the gap between the manpower availability and the industry’s requirements in the sector.
New Delhi will need to double down as red-hot inflation erodes purchasing power at the bottom of the pyramid, amidst the prolonged Russia-Ukraine war.
The LocalCircles study indicated that 55 per cent of households anticipate another 10 per cent increase in their expenses due to higher oil prices in the next three months
Rich economies such as the United States, European Union, United Kingdom and Canada have till now blocked a plan to temporarily waive global Intellectual Property Rights rules for COVID-19 vaccines at the WTO. Now they are actively diluting it before the all-powerful Ministerial Conference on June 12 in Geneva.
India's sugar harvest in the current season has been larger than Brazil, officials said.
The Cayman Islands, a famous offshore tax haven, was the fifth largest source of FDI for India in FY22, up from the sixth spot in FY21. The small Caribbean island has outpaced traditional FDI sources such as Japan, the UK and the UAE.
The universal Aadhaar identity, and widespread use of fintech for direct benefit transfers, made delivery of benefits efficient, and eliminated corruption
A growing world food crisis is precipitating protectionist moves by countries which are likely to compound the problem and could lead to a wider trade war, business leaders and policymakers at the World Economic Forum said.
The Fed's reverse repo window attracted a record $2.045 trillion on Monday, as financial institutions continued to flood the facility with liquidity in exchange for Treasury collateral. Monday's volume was one of a string of record highs for RRPs
Lagarde's comments implied an increase of at least 50 basis points to the ECB deposit rate and kept speculation alive of bigger rate hikes this summer to fight record-high inflation, partly due to rising energy prices over Russia's war against Ukraine as well as massive public-sector stimulus the pandemic.
Prime Minister Narendra Modi on Monday met Softbank Corporation founder and CEO Masayoshi Son to discuss the Japanese investment firm’s future participation in Indian technology, energy, finance, and R&D sectors.
Excise duty cut on petrol and diesel and rationalisation of customs duties on goods such as raw material for plastic and steel will help reduce logistics cost, promote competitiveness of manufacturing and exports of value-added goods, exporters said on Sunday.
Karnataka Chief Minister Basavaraj Bommai on Sunday boasted about the state's number one position across the country in attracting Foreign Direct Investment (FDI) inflow, as he departed to the Swiss ski resort town of Davos, to take part in the World Economic Forum's annual meeting.
A day after the Centre reduced excise duty on fuel, the Shiv Sena-led Maharashtra government on Sunday slashed the VAT on petrol by Rs 2.08 per litre and diesel by Rs 1.44 per litre.
The traders' body also nudged states to follow the footsteps of the central government and reduce the rates of Value Added Tax (VAT) to provide substantial relief to the public from inflation.
Finance Minister Nirmala Sitharaman on Sunday rebutted the Opposition's criticism of excise duty cut impacting share of states in central taxes, saying the Rs 8 a litre cut in petrol and Rs 6 reduction in diesel have been done in road and infrastructure cess levied on the two fuels, collection on which was never shared with states.
Reasons for time overruns as reported by various project implementing agencies include delay in land acquisition, delay in obtaining forest and environment clearances, and lack of infrastructure support and linkages
State governments wrote to the Union Education Ministry and sought exemption from CUET this year even as UGC wanted to make CUET-UG mandatory.
The rupee finally ended at 77.53, higher by 3 paise over its previous close of 77.56. According to Dilip Parmar, Research Analyst, HDFC Securities, the lack of dollar demand and rebound in domestic equities augur well for the rupee.
Switching to Western platforms is too expensive. Instead, the country needs to do the hard work of developing a viable domestic defence industry.
The higher education regulator has already been approached by a few foreign institutions to open their campuses in India, says UGC Chairman Jagadesh Kumar
