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GDP Growth slows to 5.4% in Q2, but recovery on track : FM Sitharaman

December 18, 2024 Trade, Business, COMMERCE, Economy, Finance, Global Trade, Trending News
NEW DELHI : Finance Minister Smt Nirmala Sitharaman on Tuesday said that economic expansion rate in the last three years had averaged 8.3% and that the “less than expected” 5.4% growth in the September

Mobility, not migration, key in FTA negotiations : Commerce Secretary

December 14, 2024 Trade, COMMERCE, Economy, Finance, Trending News
NEW DELHI : India is prioritising the mobility of professionals over migration in its Free Trade Agreement (FTA) negotiations, ensuring recognition of qualifications and facilitating smoother access for Indian professionals abroad, Commerce Secretary Sunil

3rd India-UK Financial Markets Dialogue: Joint Statement

December 14, 2024 Trending News, Economy, Finance, Global Trade, Trade
GANDHINAGAR : The 3rd India – UK Financial Markets Dialogue (FMD) took place on 12th December 2024 at GIFT City in Gujarat, India. The Dialogue was led by senior officials from the Indian Ministry of Finance

FM stresses sustainable debt management to protect future generations

December 13, 2024 Trade, Economy, Finance, Global Trade, Trending News
NEW DELHI : Highlighting the growing challenge of inter-generational debt, Finance and Corporate Affairs Minister Smt. Nirmala Sitharaman on Wednesday underscored the need for economies to prioritise “debt management and financial security” in the

Retailers urge FinMin and GST Council not to go for higher 35% tax rate

December 13, 2024 Trade, Economy, Finance, Trending News
NEW DELHI : Indian Sellers Collective, an umbrella body of trade associations and sellers across the country, has urged the finance minister and the GST Council not to accept some of GST rate rationalisation

Indian shipping directorate consults on India P&I Club

November 29, 2024 Shipping, Maritime, Trending News
NEW DELHI : The plan for a new Indian Protection & Indemnity (P&I) Club has taken a step closer to reality with news that the Indian Directorate General of Shipping has issued a tender

Fin-Min highlights export hurdles amid weakening demand in developed nations

November 27, 2024 Export - Import, Economy, Finance, Global Trade, Trending News
NEW DELHI : India’s export recovery may face challenges due to softening demand in developed markets, the Ministry of Finance stated in its monthly report on Monday. Merchandise exports registered moderate growth during the

MSMEs will get collateral free loans of upto Rs 100 Crore via New Credit Model : FM Sitharaman

November 11, 2024 Trade, Business, Economy, Finance, Global Trade, Trending News
BENGALURU : Union Finance Minister, Smt. Nirmala Sitharaman said at National MSME Cluster Outreach Programme here, that a new credit assessment model by public sector banks will be rolled out soon. This model will help the

India to impose FDI restrictions to safeguard national interest : FM Sitharaman

October 25, 2024 Trade, Economy, Finance, Global Trade, Trending News
WASHINGTON D.C. : India will impose restrictions on foreign direct investment (FDI) in the national interest to ensure safeguards due to its location in a highly sensitive neighbourhood said Finance Minister Smt. Nirmala Sitharaman

India to be World’s 3rd Largest Economy by 2027: FM Sitharamam

October 23, 2024 Trade, Economy, Finance, Global Trade, Trending News
NEW YORK : Finance Minister Smt. Nirmala Sitharaman on Monday said India is poised to continue its growth trajectory and is likely to become the world’s third-largest economy by 2027. India currently is the
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