India is set to accelerate its trade negotiations with many nations as a series of bilateral engagements is lined up this week.Fresh rounds of negotiations with the European Union began today as an EU team arrived in New Delhi and discussions opened formally, sources told ANI.Union commerce and industry minister Piyush Goyal is scheduled to…
Mutual Fund investments (AI image) The direct plan of the Jio BlackRock Flexicap Fund that opens later this month has a total expense ratio of 0.5%. The fund house claims that its efficient execution processes would lower costs and potentially increase portfolio returns for investors. The logic seems simple: the lower the cost, the higher…
Whilst Russia faces severe, crippling sanctions from Western nations, it has managed to mitigate some effects. (AI image) In an attempt to pile on economic pressure on Russia, the European Union is weighing a fresh set of sanctions on Russian banks and oil trade to get President Vladimir Putin to end the war against Ukraine.According…
India’s tourism and hospitality sector is projected to touch nearly $60 billion by 2028, driven by a sharp rise in domestic travel, according to a report by IDBI Capital.The study forecasts that domestic visitors will double from 2.5 billion in 2024 to 5.2 billion by 2030, clocking a compound annual growth rate (CAGR) of 13.4%….
File photo: Union minister Piyush Goyal Union minister of commerce and industry Piyush Goyal on Monday said India is poised to become one of the world’s top three economies in the next two to two-and-a-half years, underlining the country’s rapid transformation in recent years.As per news agency ANI, Goyal was speaking at the Platinum Jubilee…
The Indian apparel export sector has seen its outlook revised from Stable to Negative by rating agency ICRA, following an upward revision in US tariff rates, a move expected to dent export revenues in the coming fiscal.As per news agency ANI, ICRA stated, “Lower exports and pressure on pricing [are likely] to contract industry operating…
Escalating prices of gold have contributed to the slowdown in gold purchases. (AI image) After aggressively buying gold in the last year, central banks around the world have now slowed down their purchases of the yellow metal. Central bank gold acquisitions have come down compared to last year, indicating a more measured stance amid global…
Consumer goods companies have urged the government to allow them to sell products with existing packaging at a reduced price once new GST rates come into effect on September 22, aiming to avoid wastage of packaging material worth over Rs 2,000 crore.In letters sent via industry bodies to the finance ministry and department of consumer…
Vande Bharat sleeper train prototype Indian Railways is looking to roll out the first Vande Bharat sleeper train in the coming weeks. The prototype train set, built on the Vande Bharat platform, for long distance travel aims to offer faster and more comfortable passenger experience compared to the Rajdhani Express trains.Union railways minister Ashwini Vaishnaw…
File photo: US President Donald Trump and China’s President Xi Jinping (Picture credit: AP) China’s exports expanded in August but missed forecasts, weighed down by a sharp fall in shipments to the United States despite gains in Europe and Southeast Asia, official data showed Monday.According to news agency AFP, overall exports rose 4.4% year-on-year, lower…
