India and the 27-nation European Union (EU) bloc will start the tenth round of negotiations for a proposed free trade agreement from Monday in Brussels amid Trump tariff threats, according to an official. The talks are expected to focus on resolving remaining issues so that the agreement can be finalised by the end of this … Read more
Consumer prices fell in China in February for the first time in 13 months, as persistent weak demand was compounded by the early timing of the Lunar New Year holiday. The National Bureau of Statistics said Sunday that the consumer price index dropped 0.7% in February compared to a year ago. On a monthly basis, … Read more
Finance Minister Nirmala Sitharaman provided an important update on the government’s efforts to simplify the Goods and Services Tax (GST) system. Speaking at the ET Awards event, she said that the government is is very close to finalising its stance on GST rate and slab reductions. Speaking on the Revenue Neutral Rate (RNR), she said, … Read more
‘Growing Feminisation’ is the new buzz in India with women today seen in almost every professional field, and there is ample statistical evidence illustrating the growing feminisation of India’s demography. Feminisation is linked to several dimensions, like, political, economical, geographical etc. In traditionally male dominated bastions, many women leaders have emerged, making waves with their … Read more
The global economy may be stabilising, but growth remains worryingly low, warned Anna Bjerde, Managing Director of Operations at the World Bank, in an exclusive interview with CNBC-TV18. While acknowledging positive signs of stabilisation, Bjerde stressed that slowing growth in both developed and emerging markets is hindering poverty reduction and economic recovery. She also highlighted … Read more
The Maharashtra government has assured that all pending cases on MahaRERA (Maharashtra Real Estate Regulatory Authority) will be resolved within the next three months. Revenue Minister Chandrashekhar Bawankule announced this in the Legislative Council while responding to a query by MLC Niranjan Davkhare on Thursday (March 6). The minister said 1,124 cases of homebuyer fraud … Read more
Zarin Daruwala, CEO, India and South Asia at Standard Chartered Bank, expects a further rate cut in the RBI monetary policy scheduled for April. Daruwala said, “Our house view is that there will be one more cut in April’s credit policy. Deposit cuts will happen. It’s a function of liquidity. Right now, deposit rates are … Read more
The Reserve Bank of India (RBI) is set to conduct $10 billion worth of buy/sell swaps on March 24, along with purchase bonds worth ₹1 lakh crore. This move is part of their broader strategy to manage liquidity. In the past few months—November, December, and January—the RBI intervened in the currency market but did not … Read more
India should proactively offer zero tariffs on industrial goods to the United States before April 2 to avoid being hit by reciprocal tariffs under Donald Trump’s trade policies, according to Ajay Srivastava, Founder of the Global Trade Research Initiative. Srivastava said India has already granted similar concessions in its Free Trade Agreements (FTAs) with ASEAN, … Read more
China plans to issue 500 billion yuan ($69 billion) in special sovereign bonds as it seeks to boost capital at its biggest banks to support the economic recovery, according to the government’s annual work report. The debt will be issued to replenish core tier-1 capital at big state-owned banks, beef up their operations and their … Read more