Former Niti Aayog Vice Chairman Rajiv Kumar has called for the removal of restrictions on Chinese investments in India, arguing that such a step could boost domestic manufacturing and create jobs. In an interview with PTI Videos, Kumar said, “I think the time has come to seriously consider permitting Chinese investments into India.”Kumar suggested scrapping…
File photo: AP US President Donald Trump and Russian President Vladimir Putin are poised to meet on Friday for high-stakes talks that will center around the grinding war in Ukraine, along with “huge” economic potential between their countries. Moreover, the success of the talks matter for India as well as the country faces additional 25%…
Gold rate today: Gold prices in the national capital rose Rs 400 to Rs 1,01,420 per 10 grams on Thursday, supported by fresh buying from stockists and firm global trends, according to the All India Sarafa Association. The yellow metal of 99.9% purity had closed at Rs 1,01,020 in the previous session.Gold of 99.5% purity…
AI image India’s manufacturing industry has a ‘rare opportunity to leapfrog global incumbents’ by moving away from its low-cost production image and embracing innovation-led growth, according to Accel’s Advanced Manufacturing Report 2025, released on Thursday.As per news agency PTI, the global venture capital firm identified precision engineering, aerospace, EV components, semiconductors, robotics, and advanced materials…
India’s merchandise exports touched $37.24 billion in July, marking a 7.29% increase from $34.71 billion a year earlier, according to government data released Thursday. The trade deficit for the month came in at $27.35 billion.Imports rose 8.6% year-on-year to $64.59 billion in July, PTI reportedCumulatively, in April–July 2025-26, exports grew 3.07% to $149.2 billion, while…
But many taxpayers make the mistake of not mentioning exempt incomes in their income tax return. (AI image) ITR filing FY 2024-25: PPF interest is tax free. So is the interest coming from tax free bonds. The maturity proceeds of life insurance plans are also exempt from tax. But while the taxman lets you pocket…
India’s credit-to-deposit ratio remains under 80% as lending growth continues to trail deposit inflows, according to a report by CareEdge Rating. According to news agency ANI, while both credit offtake and deposits have grown sequentially, the pace is slower than last year, narrowing the gap between the two.The report stated, “Credit to Deposit Ratio Remains…
India is on track to become the world’s most sought-after consumer market while undergoing a major energy transition, witnessing a rise in the credit-to-GDP ratio, and seeing manufacturing take a bigger share of GDP, according to a Morgan Stanley report.The report noted that the falling intensity of oil in GDP, a rising share of exports—particularly…
Representative image (PTI photo) NEW DELHI: The number of days taken for finalisation of the insolvency resolution plan has dropped from 752 days at the end of the March quarter to 694 days at the end of June, but remains significantly higher than the prescribed 180 days, which can be extended by another 90.According to…
MUMBAI: An RBI panel examining the responsible use of AI in finance has urged regulators to adopt a “tolerant supervisory stance” towards mistakes made by AI systems. The idea is to allow institutions some leeway for first-time errors if they have adequate safety measures in place. The aim, the panel argues, is to encourage innovation…
