Finance Minister Nirmala Sitharaman has assured that the government is keeping a close watch on the Indian rupee, even as several global currencies have weakened against the U.S. dollar. She emphasized that India’s...
Finance Minister Nirmala Sitharaman has assured that the government is keeping a close watch on the Indian rupee, even as several global currencies have weakened against the U.S. dollar. She emphasized that India’s...
Gold has been on a strong upward run globally, but central banks, including the Reserve Bank of India (RBI), are slowing down their purchases amid elevated prices and geopolitical uncertainty. While gold continues...
India and Israel are expected to sign a long-awaited Bilateral Investment Treaty (BIT) next week, a move aimed at strengthening economic ties, protecting cross-border investments, and boosting investor confidence. The treaty will provide...
India has urged member nations of the Shanghai Cooperation Organisation (SCO) to exercise caution and avoid the misuse of export measures that could distort trade flows and undermine global supply chains. Speaking at...
Commerce and Industry Minister Piyush Goyal has called on Indian businesses to ensure that the benefits of GST rate cuts are fully passed on to consumers. Emphasizing that reforms under GST 2.0 aim...
Finance Minister Nirmala Sitharaman chaired three separate high-level meetings to review the preparedness of the Goods and Services Tax Network (GSTN) for the rollout of GST 2.0. The meetings, held over the past...
The U.S.-India Business Council (USIBC) has hailed India’s recent GST reforms as a landmark step that will strengthen business confidence, attract investment, and enhance ease of doing business. By rationalizing slabs and simplifying...
The Indian government is preparing to greenlight a fresh set of incentives to accelerate green steel production, aligning with the country’s climate commitments and industrial transition goals. By supporting low-carbon steelmaking technologies, the...
India’s foreign exchange reserves rose by $3.51 billion to reach $694.2 billion in the week ending August 29, 2025, according to data released by the Reserve Bank of India (RBI). The increase was...
Finance Minister Nirmala Sitharaman has described GST 2.0 as the “final piece in India’s big tax reforms,” stressing that the overhaul was guided by the principles of affordability and Aatmanirbharta (self-reliance). The minister...
India’s microfinance sector is showing strong signs of revival, with improved credit quality and stable loan performance, according to the latest report by Microfinance Institutions Network (MFIN). After years of stress caused by...
The GST Council’s latest round of tax reforms is expected to act as a powerful stimulus for India’s economy by driving consumption and spurring growth. With rationalized slabs and targeted relief on essential...
Fintechs and lenders are projecting a sharp surge in consumer demand this festive season, driven by the government’s recent GST rate cuts on food, textiles, and daily-use items. By reducing tax burdens, the...
The Reserve Bank of India (RBI) is conducting a comprehensive review of the impact of steep U.S. tariffs on Indian exports while simultaneously assessing strategies to strengthen financial inclusion across the country. The...
The Reserve Bank of India (RBI) has announced that money markets, foreign exchange (forex) markets, and government securities (G-Sec) transactions will remain closed on September 8, 2025. The closure is due to a...
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