Latest News, Updates & Breaking Headlines
Are you a NRI who has moved back to India? As thousands of Non-Resident Indians (NRIs) return to India permanently, financial experts are advising them to take immediate steps to manage their money and investments effectively.These include converting NRE and NRO accounts to resident status and updating KYC details with banks to ensure compliance with…
Piyush Goyal talked about India-US trade talks progress NEW DELHI: Union Commerce and Industry Minister Piyush Goyal indicated on Tuesday that the government is maintaining contact with the United States at various levels concerning the proposed Bilateral Trade Agreement (BTA), suggesting potential progress towards the agreement.The minister, however, avoided specifying any timeline for completing the…
The Trump administration is reportedly planning to unveil a financial aid package to support American farmers who are hit hard by China’s boycott of US soybean.The package could cost more than $10 billion, though discussions involving both treasury and agriculture departments are still in the early stages, according to a source cited by CBS. Top…
Passenger vehicle retail sales jumped 35 per cent year-on-year during this year’s nine-day Navratri period, according to the Federation of Automobile Dealers Associations (FADA). Overall vehicle registrations grew 6 per cent in September, as sales remained muted in the first three weeks before picking up following the implementation of new GST rates on September 22.Passenger…
Missed the big online sales for your favourite festive buys? Don’t worry, the offers haven’t ended yet!Experts expect another wave of discounts, cashbacks, and easy EMI options as the festival of lights draws closer.September to November is the busiest time for India’s leading e-commerce platforms. Online marketplaces aim to grab maximum attention, while banks compete…
Pakistan’s claimed economic recovery is turning its back on the people who need it most, according to a new World Bank report. While the government celebrates growth under the IMF programme and stock markets hit record highs, the reality is quite grim for millions of citizens who continue to struggle with poverty and inequality, The…
NEW DELHI: India should leverage the recently signed UK FTA and negotiate EU access to overcome tariff disadvantages of over 10% on inputs compared to near-zero for Vietnam and Italy, enabling deeper integration into global value chains for the country’s leather and footwear exports, a report by the government’s policy think tank Niti Aayog said…
The verification process will utilise biometric information through Aadhar identification system. (AI image) Facial recognition and fingerprint authentication – these are the two new features that may be launched for payments made through the Unified Payments Interface (UPI), according to a Reuters report.The National Payments Corporation of India, UPI’s operator, intends to display this biometric…
Union finance minister Nirmala Sitharaman on Tuesday launched the foreign currency settlement system in GIFT city on Tuesday, at the sixth Global Fintech Fest in Mumbai. With this, the GIFT IFSC has joined a select group of international financial centres that can settle foreign currency transactions locally.At the event, the FM also highlighted that India…
BENGALURU: Eyewear retailer Lenskart and furnishings company Wakefit have received approval from Sebi to go public, paving the way for two startup IPOs. According to their draft papers, both startups plan to raise fresh capital while enabling existing shareholders to offload part of their stakes through offers for sale (OFS). Lenskart’s proposed IPO includes a…
