Economy
India flags UN's unpaid assessments, says over 90% of regular budget dues owed by one country
Adhana delivered India’s national statement at the 81st Main Session of the Fifth Committee of the UN General Assembly on ‘Improving the financial situation of the United Nations’.
BUSINESS
India-New Zealand FTA to give 100% of Indian exports duty-free access from October 20
The trade pact also provides for $20 billion in investment from New Zealand over 15 years and excludes sensitive sectors such as dairy and onions.
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BUSINESS
India's forex reserves decline by $8.58 billion to $726 billion
For the week ended October 9, foreign currency assets, a major component of reserves, decreased by $7.142 billion to $597.605 billion, according to the data released by the Reserve Bank of India.
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BUSINESS
India releases draft National Steel Policy 2047, targets 604 MT capacity
The policy seeks to reduce import dependence through domestic mining, washery expansion, asset acquisition, long-term supply arrangements, and AI-based optimisation of coal blends.
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BUSINESS
SEBI revises new settlement rules, fast-track routes for cases up to Rs 10 lakh
Under the new framework, settlement terms will comprise the settlement amount, disgorgement of wrongful gains, wherever applicable, and remedial and regulatory terms(RRT).
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BUSINESS
How will RBI’s new repo rate of 5.5% impact common people? Explained
Financial expert Nikhil Gopalakrishnan, CEO of Pentad Securities, explains how the changed repo rates affect the common people of this country.
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BUSINESS
SEBI mandates colour-coded Credit Risk-o-Meter for debt securities
Under the framework, the Credit Risk-o-Meter will be mandatory in offer documents, abridged prospectuses, private placement memorandums, advertisements and OBPPSs
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BUSINESS
Commerce Ministry sets up FTA utilisation cell to tap global markets
Rajesh Agarwal said the FTA utilisation cell will work closely with industry associations, EPCs and state governments to help businesses tap FTAs and identify new market opportunities.
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BUSINESS
World Bank ups India's GDP growth projection to 7.1% for FY27
The forecast has been upped from 6.6% in April, with India's exports likely to provide the main upside to the FY27 growth outlook.
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BUSINESS
Piyush Goyal meets global business leaders during G20 meet; explores investment opportunities
Goyal emphasised that India’s resilient macroeconomic fundamentals and deepening capital markets offer remarkable opportunities for global investors.
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INDIA
Uncertainty has decided to stay. Nirmala Ji is taking notes | And then they said
Can something called “uncertainty” really become a standing condition? Apparently, yes. 'Nirmala Tai' has the paperwork.
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BUSINESS
India, Canada to hold fifth round of CEPA talks in Ottawa from October 5
The talks are moving at a faster pace as both countries are aiming to conclude the negotiations by the end of this year.
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WORLD
Iran receives US response to proposal to end seven-month war, details unclear
Trump swiftly rejected the proposal, saying Iran wanted to make a deal because it was 'losing so badly' but that its offer 'would not be acceptable.'
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BUSINESS
Windfall tax cut on diesel, ATF exports from today
The special additional excise duty (SAED), along with the road and infrastructure cess on diesel exports, will now be Rs 16 per litre, down from Rs 20 per litre.
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BUSINESS
India office leasing rises 7%, Bengaluru leads demand
Bengaluru and Hyderabad remained the preferred markets for technology companies, together accounting for more than 55 per cent of conventional office demand from the sector.
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INDIA
India, Chile working towards CEPA to deepen trade, economic ties
The event recognised Sunita Shahaney's 27 years of distinguished service as Honorary Consul of Chile in Chennai.
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