Amid tensions between Maldives and India, the Directorate General of Foreign Trade on Monday issued a notification imposing port restrictions for the export of essential commodities to the island nation during the fiscal year 2024-25. What has Happened? The Directorate General of Foreign Trade has imposed port restrictions on exporting essential commodities to the Maldives …
In a bid to enhance transparency and protect consumers, the Reserve Bank of India (RBI) has introduced new regulations for retail and MSME term loans. These changes, effective from October 1, 2024, are set to revolutionize the lending landscape in India. The cornerstone of these regulations is the Key Fact Statement (KFS), which aims to …
Indian Railways, often referred to as the “lifeline of the nation,” plays a crucial role in connecting people, industries, and regions across India. As the country gears up for elections, the focus on railway development has intensified. In this article, we delve into the ambitious plans and projects that Indian Railways aims to undertake post-elections. …
India’s retail inflation eased to 4.85 per cent on an annual basis in March as against 5.09 per cent in the previous month, Analysts had estimated the number to come down to 4.91 per cent. Meanwhile, industrial production surged to a four-month high of 5.7 per cent in February compared with 4.2 per cent in …
Last week in the US, the consumer price index (CPI) came in hotter than expected in March, and as a result, the rising inflation number threw cold water on hopes of a slashing of interest rates from the US Federal Reserve in the month of June. Let’s now deep dive into the crux of this …
The coal sector has exhibited the highest growth of 11.6 % (provisional) among the eight core industries for the month of February 2024 as per the Index of Eight Core Industries (ICI) (Base Year 2011-12) released by the Ministry of Commerce & Industries. During February 2024, the index of the coal industry reached 212.1 points …
In a significant move towards fostering international cooperation in sustainable technology, the European Union (EU) and India have jointly initiated an Expression of Interest (EoI) for startups specializing in Battery Recycling Technologies for Electric Vehicles (EVs). This initiative aims to facilitate collaboration between European and Indian Small and Medium-sized Enterprises (SMEs) and startups within the …
Inflation is the rate at which the general level of prices for goods and services is rising, and subsequently, purchasing power is falling. Central banks attempt to limit inflation and avoid deflation, in order to keep the economy running smoothly. Deflation, on the other hand, is the decrease in the general price level of goods …
ICRA Forecasts Modest Growth for the Road Logistics Sector ICRA’s analysis suggests a measured pace of expansion for the Indian road logistics industry. The report acknowledges several factors influencing this growth trajectory. One key aspect is the limited ability of logistics players to raise freight rates. Additionally, the upcoming elections in India are expected to …
Blackstone, a leading global investment firm, considers India a critical market and has earmarked substantial capital for future investments. India currently ranks as Blackstone’s third-largest investment destination globally, following the US and UK. The firm currently manages a sizable USD 50 billion portfolio in India across private equity and real estate sectors. Notably, India has …
