FM Sitharaman to meet PSB chiefs to review foreign currency deposit drive
Finance Minister Nirmala Sitharaman will review public sector banks’ progress in mobilising foreign currency deposits on Monday following RBI incentives.…
Category: Business
India’s Russian crude imports hit record in Jun even as Moscow’s oil revenues slip
India’s Russian crude oil imports climbed 34 per cent to a record high in June, reaching EUR 4.5 billion despite…
Rewind: India’s Rs 11.76 lakh crore illicit trade economy — a silent economic emergency
The country cannot become a developed nation while smuggling and counterfeiting fuel a parallel economy. Combating illicit trade must become…
India is a launchpad for global growth, PM Modi tells New Zealand CEOs
Prime Minister Narendra Modi urged New Zealand business leaders to invest in India, calling the country a “launchpad for global…
NITI Aayog discusses SHANTI Act rollout to boost private nuclear power
NITI Aayog held consultations on implementing the SHANTI Act, 2025, which permits private participation in India’s nuclear power sector. Discussions…
Gold prices fall 1.47 per cent as Fed minutes weigh on sentiment
Gold prices declined 1.47 per cent during the week after the US Federal Reserve’s latest meeting minutes reinforced expectations of…
PM Modi meets NZ opposition leader Chris Hipkins, discusses bilateral ties
Prime Minister Narendra Modi met New Zealand Opposition Leader Chris Hipkins in Auckland to discuss strengthening bilateral ties, trade and…
Global oil demand set to recover strongly by October: IEA
Global oil demand is recovering from its May low and is expected to surpass 2025 levels by October, according to…
Indian stock markets post weekly losses despite Friday rally
Indian equity benchmarks ended the week with modest losses as rising West Asia tensions pushed crude oil prices higher. Strong…
India’s forex reserves jump $7.26 bn on gold, FCNR-B inflows
India’s foreign exchange reserves jumped by $7.26 billion to $674.19 billion in the week ended July 3, reversing the previous…