Tag: India news

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Rising Inflation & Unemployment Threaten India’s Position as World’s Fastest Growing Economy

Despite India recording a robust double-digit economic growth in the last quarter, economists polled by Reuters expect India’s economic growth to halve this quarter...

India Aiming For $20 Billion Marine Exports

India’s Commerce and Industry Minister Piyush Goyal urged relevant authorities to work together to boost marine exports to $20 billion within the next five...

Amended Foreign Exchange Rules Now Allow Indians to Invest in Overseas Fintech Companies

Following a series of negotiations and amendments to foreign exchange rules by the government, the stage is now clear for entrepreneurs and wealthy investors...

Skyrocketing Tea Prices Impact Indian Tea Exports to Asia and Europe

India’s tea exports to major markets in Europe and Japan have plummeted amid increasing tea prices and a resurgent Rupee that has continued to...

RBI Starts Implementing Regulatory Framework Through Digital Lending

The Reserve Bank of India said it is working assiduously to form a regulatory framework for guiding credit delivery via digital lending. This is...

Indian Banks Set to Approach RBI Amid Steep MTM Losses

Banks in India are set to lobby the Reserve Bank of India (RBI) for considerations to spread mark-to-market losses over several quarters. This came...

Prime Minister Modi Urges States to Prioritize Exports

India’s Prime Minister Narendra Modi has made an emphatic call for states to double down on imports and exports. He urged states to identify...

Indian Rupee Nears Record Low Amid a Strong Dollar

The Indian rupee, which has continued to trail the dollar for many months now, isn’t showing any signs of recovery, at least in the...

Indian Finance Minister Nirmala Sitharaman Makes Clarification on GST Levies

Indian Finance Minister, Nirmala Sitharaman, has defended her actions on inflation handling during her recent appearance in Parliament. The minister compared current prices to...

India’s Finance Minister Nirmala Sitharaman Rubbishes Inflation Concerns

India’s Finance Minister, Nirmala Sitharaman, has stated categorically that the country is in no way near a recession, adding that the relevant government agencies...

India’s Manufacturing PMI Rallies Amid Easing Price Pressure

India’s factory activities have continued to rally, supported by increasing demand amid easing price pressure. So far, India’s factory activity is at an eight-month...