The Reserve Bank of India (RBI) has announced a new measure to increase liquidity in the banking system. On March 24, the central bank will conduct a $10 billion USD/INR Buy/Sell swap auction to provide additional funds to banks. This auction will have a 36-month tenure, according to an official RBI statement. How the Swap …
New Delhi, Mar 11 (PTI) India has extended duty-free imports of Urad for another year until March 31, 2026, according to a government notification. The provision was earlier in place until the end of March this year. Myanmar is the main exporting country of Urad to India. “The free import policy of Urad stands extended …
Kolkata, Mar 11 (PTI) The Centre has drawn up a slew of schemes, in the form of subsidies, to support the food processing industry, from micro to large units, a senior official said. Secretary of the Ministry of Food Processing Industries, Subrata Gupta, said that a lot of food, particularly fruits and vegetables, go to …
CRISIL’s Roti-Rice-Rate report shows that the price of a simple home-made home-cooked vegetarian thali reduced by 1% y-o-y in February 2025. Meanwhile, the cost of a non-vegetarian thali surged by nearly 6%. This was attributed to the reduction in LPG and tomato prices and the rising costs of broiler chickens. Comprehensive Cost Breakdown: Veg Thali …
New Delhi, Mar 10 (PTI) Falling for the third day in a row, gold prices retreated by Rs 150 to Rs 88,750 per 10 grams in the national capital on Monday amid a weak trend in the overseas markets, according to the All India Sarafa Association. The precious metal of 99.9 per cent purity had …
India is approaching a decisive moment regarding the reduction of Goods and Services Tax (GST) rates and restructuring its tax slabs, as indicated by Finance Minister Nirmala Sitharaman at the 25th ET Awards for Corporate Excellence, as per news reports. Addressing GST Concerns: A Move Towards Lower Tax Rates Dispelling concerns that GST has increased …
New Delhi, March 10 (IANS) The artificial intelligence (AI) sector is poised to surpass 2.3 million job openings by 2027, according to a report on Monday. The report by Bain & Company showed that reskilling and upskilling existing talent is key to meeting the growing demand in the country. It showed that the AI talent …
Mumbai, March 10 (IANS) India is witnessing strong growth in its Real Estate Investment Trust (REIT) market, driven by increasing demand for high-quality commercial properties, growing investor interest, and evolving regulations, a new report said on Monday. According to CareEdge Ratings, India presents significant opportunities for the development of REIT-able assets, with new REIT launches …
Govt extends duty-free import of yellow peas to keep inflation in check New Delhi, March 9 (IANS) The Government has extended the duty-free import of yellow peas by three months till the end of May and clamped a duty of 10 per cent duty on imports of lentils (masur) with immediate effect, according to an …
New Delhi, March 10 (IANS) The domestic commercial vehicle (CV) industry’s wholesale volumes is set to witness a year-on-year growth of 3-5 per cent in FY26, demonstrating some recovery, a report showed on Monday. This follows a flat volume movement estimated in FY2025, marred by the demand slowdown in the first half of the fiscal …
