Search result for 'consensus'

India Proposes Retaliatory Duties on EU Steel Safeguards

March 28, 2025 21:52

India has proposed retaliatory duties on EU imports after the EU extended safeguard measures on certain steel products, causing a significant trade loss for India. The two sides failed to reach a...

McLeod Russel Debt Transferred to NARCL at 36% Discount

March 16, 2025 19:37

McLeod Russel India Limited's Rs 1,104.69 crore debt has been transferred to NARCL for Rs 700 crore, representing a 36% haircut. The debt transfer aims to help the tea producer restructure and...

NMDC Worker Unions Protest Despite Wage Talks

March 9, 2025 14:14

NMDC worker unions continue protesting despite ongoing wage revision talks, impacting production and potentially hurting the company's financial performance.

G20 Calls for UN Reforms, Security Council Overhaul

February 21, 2025 20:16

G20 Foreign Ministers call for urgent UN reforms, including changes to the Security Council, at a meeting in South Africa. The group also addressed global conflicts and the need to accelerate...

G20 Must Lead Global Agenda: Ramaphosa

February 20, 2025 21:16

South African President Cyril Ramaphosa calls for G20 leadership on global challenges including climate change, poverty, and conflict, emphasizing solidarity and inclusivity.

Sri Lanka & India Partner for Solar Power Plants in Trincomalee

February 20, 2025 17:48

Sri Lanka and India have agreed to build solar power plants in Trincomalee, replacing a planned coal plant. The project will be a joint venture between the Ceylon Electricity Board and National...

Xi Jinping Urges Chinese Business Leaders to Boost Economy

February 17, 2025 18:21

Chinese President Xi Jinping met with top business leaders including Jack Ma, calling on them to unleash their talents to shore up the economy and reverse the slowdown. Xi assured private...

Indian Standards Priority: Consumer Affairs Secy Urges Ministries

February 13, 2025 20:33

India's Consumer Affairs Secretary urges all ministries to prioritize Indian standards, emphasizing the importance of Quality Control Orders (QCOs) for boosting domestic market and curbing...

PM Modi: AI Won't Eliminate Jobs, It Will Transform Them | AI Action Summit

February 11, 2025 19:01

Prime Minister Modi addresses AI's impact on jobs, emphasizing its transformative nature and urging investment in reskilling. He also calls for a global framework for AI based on open source and...

Viksit Bharat by 2047: NITI Aayog's Key Reforms

February 7, 2025 15:47

NITI Aayog emphasizes bold reforms, sustainable energy, global trade leadership for achieving Viksit Bharat by 2047. Key areas include private investment, fiscal consolidation, and strategic...

India to Re-Evaluate OECD Tax Deal After US Withdrawal

February 4, 2025 14:38

India is reconsidering its participation in the OECD's global tax deal following the US's withdrawal, citing its impracticality without US involvement. The deal aimed to establish a 15% minimum...

Budget Hopes for Auto Industry: Maruti Suzuki Seeks Consumption Boost

January 29, 2025 19:27

Maruti Suzuki India expects the upcoming budget to boost consumption, aiding the auto industry's sluggish growth. The carmaker anticipates retail sales to grow around 3.5% in Q4 FY25.

Trump's Exit from Global Tax Deal: No Impact on India, Experts Say

January 21, 2025 19:58

Trump's withdrawal from the OECD's global tax deal won't affect India's tax collection, but experts warn of setbacks in reaching an international consensus on global minimum tax.

Reliance Back on Growth Path: Catalysts for Performance

January 19, 2025 10:30

Reliance Industries Ltd is back on a growth path, with brokerages citing multiple catalysts for strong performance. Key drivers include retail, new energy, and digital.

Market Crash: Investors Lose Rs 10.98 Lakh Crore

January 6, 2025 17:46

Indian markets crashed today, wiping out Rs 10.98 lakh crore of investor wealth due to concerns over earnings and foreign fund outflows. The Sensex plunged 1.59% and the Nifty fell 1.62%.

BRICS Influence Grows in Global South: China

December 24, 2024 19:54

China highlights the growing influence of the BRICS bloc among Global South nations, emphasizing its role in promoting cooperation and solidarity.

GST Council to Form GoM on Andhra's Calamity Cess Demand

December 21, 2024 18:57

The GST Council will form a group of ministers to examine Andhra Pradesh's request for a 1% calamity cess on luxury goods to recover from recent floods. The cess is intended to help the state...

GST Rate Rationalization Report Delayed: GoM defers submission

December 21, 2024 13:55

The GoM on GST rate rationalisation has deferred submission of its report to the GST Council, which suggested rate rationalisation in 148 items, including a higher tax on sin goods.

GST Council to Rejig Tax Rates on Insurance, Watches, Shoes & More

December 20, 2024 12:06

The GST Council is set to discuss rate changes on insurance premiums, luxury items like watches and shoes, and a potential new 35% tax slab for sin goods. The meeting will also deliberate on...

Sri Lanka Completes ISBs Exchange, Restructuring Debt

December 14, 2024 22:53

Sri Lanka successfully completes its International Sovereign Bonds exchange offer, securing debt restructuring and new securities with 98% participation. This move helps the nation maintain debt...

South Africa to Use G20 Presidency for Shared Goals

December 11, 2024 10:42

South Africa, assuming the G20 Presidency, plans to prioritize shared goals including debt sustainability, energy transition, and inclusive growth. The country will focus on fostering...

South Africa to Use G20 Presidency for Shared Goals

December 11, 2024 03:11

South Africa will use its G20 Presidency to push shared goals, including debt sustainability, energy transition, and critical minerals for inclusive growth.

Sanjay Malhotra New RBI Governor: Consensus Builder, Princeton Alum

December 9, 2024 20:43

Sanjay Malhotra, a Princeton-educated consensus builder and revenue secretary, takes over as RBI Governor, facing challenges of slow growth and high inflation.

RBI Governor Shaktikanta Das Steps Down After 6 Years

December 9, 2024 18:31

Shaktikanta Das, the 25th Governor of the Reserve Bank of India, demits office on Tuesday after six years, leaving behind a legacy of navigating challenging economic periods and ensuring robust...

WTO Reappoints Ngozi Okonjo-Iweala as DG

November 29, 2024 21:05

The World Trade Organization (WTO) has reappointed Ngozi Okonjo-Iweala as its Director-General for a second four-year term, starting September 1, 2024.

Vulgar Ads in Kids' Content: 60% Parents Report Issue - LocalCircles

November 27, 2024 16:29

A LocalCircles survey reveals 60% of parents have encountered age-inappropriate ads in content marked for kids, including gambling, undergarments, and sexual wellness. The report calls for stricter...

Sri Lanka Ratifies Debt Restructuring: IMF Bailout Key

November 26, 2024 16:46

Sri Lanka's new government has ratified a debt restructuring agreement, a crucial step in securing the fourth tranche of a USD 3 billion IMF bailout package. The agreement, reached under the...

COP29 in Crisis: Climate Finance Draft Rejected

November 21, 2024 22:14

Developing countries reject COP29 climate finance draft, demanding at least USD 1.3 trillion annually. Developed nations are pushing for a broader investment goal, drawing criticism.

COP29 Crisis: Climate Finance Draft Rejected

November 21, 2024 18:52

All countries reject climate finance draft at COP29, leaving the future of climate action uncertain. Developing nations demand USD 1.3 trillion annually, while developed countries struggle to agree...

India Remains Top 10 Climate Performer Despite Drop: Report

November 20, 2024 17:12

India ranked 10th in the Climate Change Performance Index (CCPI 2025) despite dropping two spots, attributed to its low per capita emissions and renewable energy growth.

CCPA Regulates Diamond Industry: Lab-Grown vs. Natural

November 19, 2024 16:05

The CCPA is setting guidelines for the diamond industry to ensure clear labelling and certification of diamonds, especially distinguishing between natural and lab-grown diamonds.

India's Maritime Power: PM Modi on Oceans & Security

November 19, 2024 14:42

Prime Minister Narendra Modi emphasizes the importance of oceans for national security and prosperity, highlighting India's maritime capabilities and initiatives like Sagarmanthan and the Indo...

Coal India Relocates Township for Coal Mining in MP

November 17, 2024 12:08

Coal India's NCL plans to relocate Morwa township in Singrauli, MP, due to 600 million tonnes of mineable coal underneath. The project involves 30,000 families and is estimated to cost over Rs...

Indian Markets Tank 10% Amid FII Exodus, Weak Earnings

November 15, 2024 16:52

Indian stock markets have tumbled over 10% from record highs due to FII outflows, weak Q2 earnings, and elevated valuations. Experts weigh in on the factors driving the correction and outlook for...

Sensex, Nifty Rise After Correction: HDFC Bank, Reliance Lead | Markets News

November 14, 2024 10:04

Indian benchmark indices Sensex and Nifty rebounded in early trade on Thursday, driven by domestic institutional buying and gains in HDFC Bank and Reliance Industries.

India Confident of G20 Declaration Despite Conflicts

November 13, 2024 20:27

India expresses confidence in Brazil's ability to reach a consolidated G20 leaders' declaration despite conflicts in Ukraine and West Asia. The upcoming summit will mark the African Union's full...

COP29: Urgent Climate Finance Goal Push

November 11, 2024 17:44

Azerbaijan hosts COP29 urging nations to agree on a new climate finance goal to address climate change impacts. Developing countries seek more grant-based funding.

COP29: Urgent Call for Climate Finance Agreement

November 11, 2024 14:29

Azerbaijan, hosting COP29, urges nations to urgently resolve differences on a new climate finance goal to aid developing countries combat climate change.

SJVNL to Respond on 3 Power Projects by Jan 15: Sukhu-Khattar Meet

November 7, 2024 18:06

Himachal Pradesh CM Sukhvinder Singh Sukhu and Union Power Minister Manohar Lal Khattar discussed power issues, including SJVNL's royalty on 3 projects and the return of the Shanan Project. The...

India Commits to Sendai Framework for Disaster Risk Reduction

November 2, 2024 11:46

India reaffirms its commitment to the Sendai Framework for disaster risk reduction, calling for global collaboration on knowledge sharing, technology transfer, and sustainable development to...

India Seeks Compensation from Turkiye over Polyester Fiber Exports

October 27, 2024 16:29

India demands compensation from Turkiye for losses due to extended safeguard measures on polyester staple fibres, impacting Indian exports.

IMF Talks with Sri Lanka on Programme Review

October 25, 2024 20:25

The IMF is in talks with Sri Lanka's new administration on continuing its Extended Fund Facility programme. The third review of the bailout package is expected to start soon.

India's DPI: Inclusive Infrastructure for Global South

October 25, 2024 18:32

Experts discuss India's Digital Public Infrastructure (DPI) as a global model for inclusive, scalable infrastructure, emphasizing its role in socio-economic transformation and achieving Sustainable...

India Opposes WTO Facilitator-Led Agri Process

October 21, 2024 21:50

India has raised concerns over a facilitator-led process at the WTO to discuss agricultural issues, arguing it could undermine ministerial mandates and hinder progress. The official highlighted the...

UN Climate Chief Calls for New Climate Finance Goal

October 17, 2024 17:43

UN Climate Change Executive Secretary Simon Stiell urges a new climate finance goal at COP29 in Baku, prioritizing public finance to meet the needs of developing countries.

Generative AI Crucial for Indian Biz: Survey

October 15, 2024 20:08

99% of Indian business leaders see generative AI as crucial for future success, but accessibility and governance concerns remain, according to a Salesforce survey.

EU Deforestation Rules, Carbon Tax Unfair: Goyal

October 11, 2024 18:13

India's Commerce Minister Piyush Goyal criticizes EU's deforestation regulation and carbon tax, saying they are unfair and will impact Indian industries. He also raises concerns about EU's...

UN's 'Pact of the Future' Falls Short on Security Council Reform: India

October 8, 2024 21:23

India criticizes the UN's 'Pact of the Future' for failing to adequately address calls for Security Council expansion and text-based negotiations. India emphasizes the need for reform within a...

India Aims to Be Clean Energy Exporter by 2030: Amitabh Kant

October 7, 2024 20:52

Former NITI Aayog CEO Amitabh Kant calls for India to reach 750 GW of renewable energy capacity and become a clean energy exporter by 2030, highlighting the need for strong financial systems and...

US Dockworkers' Strike Impacts India's Exports

October 3, 2024 17:10

The US East Coast and Gulf Coast dockworkers' strike is expected to hurt India's exports to America, impacting shipments and causing delays. Exporters are concerned about the impact on their...

Raghuram Rajan Against Excluding Food Inflation From Interest Rates

October 2, 2024 14:58

Former RBI Governor Raghuram Rajan opposes excluding food inflation from benchmark interest rates, arguing it would erode public trust in the central bank's inflation control mandate.

Tax Non-Alcoholic Beverages Based on Sugar: Indian Beverage Association

September 30, 2024 17:52

The Indian Beverage Association calls for a rationalized GST structure based on sugar content for non-alcoholic beverages. This could boost the sector to Rs 1.5 lakh crore by 2030. Read more.

GST on Fuels: Puri Wants Consensus, States Differ

September 27, 2024 23:13

Union Minister Hardeep Singh Puri reiterates support for bringing petrol and diesel under GST, but stresses on unanimous state agreement. Current VAT discrepancies pose a hurdle.

Raghuram Rajan: India's Infra Good, But Needs More for Manufacturing

September 26, 2024 14:35

Former RBI Governor Raghuram Rajan says India has made progress in infrastructure but needs to boost manufacturing and job creation. He stresses the importance of ease of doing business and education.

GST Rate Rationalisation: GoM to Discuss Tax Cuts

September 26, 2024 12:56

The GST Council's GoM on rate rationalisation discussed lowering taxes on several items, including bicycles and bottled water, aiming for relief to the common man. The next meeting is on October 20.

GST Exemption on Land Lease Rejected by GoM

September 25, 2024 08:30

The GoM on real estate has decided against further GST exemption on long-term land leases by private entities. The meeting also discussed taxability of construction services by housing societies...

India Calls UN Pact on Security Council Reform a 'Good Beginning'

September 24, 2024 11:00

India has welcomed the inclusion of a detailed paragraph on Security Council reform in the UN's 'Pact of the Future,' calling it a 'good beginning.' The pact also includes language on expanding the...

India to Impose Retaliatory Duties on EU Steel Safeguards

September 20, 2024 20:29

India proposes retaliatory customs duties on EU's safeguard measures on steel products after failing to reach a consensus. This move follows the EU's extension of safeguard duties on steel imports,...

COP29: Azerbaijan Calls for 6-Fold Energy Storage Increase by 2030

September 17, 2024 20:09

Azerbaijan, host of COP29, urges nations to commit to a six-fold increase in energy storage capacity by 2030 and calls for a climate action fund. Read more.

Pakistan Delays Controversial Constitutional Amendment Bill

September 16, 2024 16:56

Pakistan's government has delayed a constitutional amendment bill due to a lack of support, raising concerns about potential judicial reforms and the influence of the judiciary.

FPIs Invest Rs 27,856 Cr in Indian Equities: US Rate Cut Expectations

September 15, 2024 12:10

Foreign investors have poured Rs 27,856 crore into Indian equities in September, driven by US rate cut expectations and the resilience of the Indian market. Read more.

US Fed Interest Rate Decision to Drive Market This Week

September 15, 2024 10:01

Investors are watching the US Federal Reserve's interest rate decision this week, which is expected to drive global markets, including the Indian stock market. Other key factors include...

Punjab Seeks GST Compensation to Offset Revenue Loss

September 11, 2024 22:19

Punjab Finance Minister Harpal Singh Cheema has sought GST compensation to offset revenue losses in the state, highlighting the impact of GST on Punjab's economy. He also advocated for exempting...

MP Govt Hands Over Dairy Operations to NDDB: Sanchi Brand Under Threat

September 11, 2024 13:33

Madhya Pradesh government hands over state cooperative dairies to NDDB for 5 years, sparking concerns over Sanchi brand takeover by Amul. Congress opposes the move.

India's Semiconductor Potential: PM Modi Assures Trusted Partnership

September 10, 2024 21:06

PM Modi highlights India's capability to become a trusted partner in the semiconductor supply chain, assuring a stable policy regime and a skilled workforce. CEOs express confidence in India's...

GST Council to Cut Health, Life Insurance Premiums Tax in Nov

September 9, 2024 20:23

The GST Council will decide on reducing tax rates for health and life insurance premiums at its next meeting in November, following a recommendation from a Group of Ministers.

GST Council to Cut Taxes on Insurance Premiums

September 9, 2024 17:00

The GST Council is considering reducing GST on health and life insurance premiums from 18% to a lower rate. A final decision is expected at the next meeting.

India Plans Repairability Index for Mobile, Electronics - E-waste Solution

August 29, 2024 15:02

India is developing a repairability index for mobile phones and electronics to combat e-waste and encourage sustainable practices. The index will rate products on factors like ease of repair and...

Stock Market Outlook: Macro Data, F''O Expiry, Global Cues

August 25, 2024 15:12

Analysts predict stock market direction this week, influenced by macro data, F''O expiry, US Fed Chair's comments, and global cues.

India: Centre Urges States for Tech-Driven Farm Data

August 22, 2024 17:48

India's agriculture ministry urges states to adopt new technology initiatives like Digital Crop Survey and DGCES to improve farm data accuracy and production estimates.

Climate Finance Goal Crucial for Paris Agreement: LMDC

August 21, 2024 18:09

The Like-Minded Developing Countries (LMDC) warns that failure to deliver a meaningful climate finance goal could jeopardize the Paris Agreement, with developing nations lacking support to combat...

Global South Climate Finance Goal: India's Call at COP29

August 17, 2024 23:28

India urges the Global South to demand ambitious climate finance at COP29 in Baku. The new goal should be grant-based, concessional, and align with the needs of developing nations, says India's...

PM's Independence Day Speech: Vision for 'Viksit Bharat'

August 15, 2024 15:44

Prime Minister Modi outlines his vision for a 'developed India' by 2047 in his Independence Day speech, highlighting the need for ease of doing business and manufacturing growth.

India's Budget 2024-25: Parliament Approves Finance Bill

August 8, 2024 20:15

The Indian Parliament has completed the budgetary exercise for fiscal 2024-25, approving the Finance Bill and Appropriation Bill, with Finance Minister Nirmala Sitharaman emphasizing investment and...

Sensex, Nifty Crash on US Growth Fears: Market Update

August 5, 2024 13:12

Sensex and Nifty plummeted over 3% on Monday due to global market sell-off driven by US economic slowdown fears and weak job data. Read more.

Market Crash: Investors Lose Rs 9.51 Lakh Crore

August 5, 2024 11:13

Indian stock markets plunged on Monday, wiping out Rs 9.51 lakh crore of investor wealth. The Sensex tanked over 2,400 points, mirroring global market crashes driven by recession fears and...

Sensex, Nifty Crash on US Growth Fears: Market Update

August 5, 2024 09:54

Sensex and Nifty tumbled in early trade on Monday, mirroring global market weakness driven by US growth concerns and foreign fund outflows. Read more.

COP29: Climate Action, Finance Gaps, and Building Trust

August 4, 2024 11:28

Commonwealth Secretary-General calls COP29 crucial to bridge climate action and finance gaps, rebuild trust, and protect lives and livelihoods. Key issues include climate finance, fossil fuel...

Global Capability Centers: Job Creation Catalyst in India - Report

August 3, 2024 18:00

A new report finds that Global Capability Centers (GCCs) are seen as a key driver of job creation in India, particularly for temporary workers. The report, based on a survey of 1,033 professionals,...

NCLT Approves Record 269 Resolution Plans in FY24

August 2, 2024 18:20

NCLT approved 269 resolution plans in FY24, a 42% increase from the previous year. This rise is attributed to greater investor interest in stressed assets, appointment of new NCLT members, and...

India: Govt to Formulate Economic Policy for Next Generation Reforms

July 23, 2024 15:47

The Indian government will formulate an 'Economic Policy Framework' to guide the next generation of reforms, focusing on employment opportunities and sustained growth. This framework will aim to...

Bhu-Aadhaar for Rural Land, Urban Land Records Digitization: Budget 2023

July 23, 2024 13:59

India's Budget 2023 proposes 'Bhu-Aadhaar' for rural land parcels, digitization of urban land records, and other land reforms to boost economic growth and efficiency.

India's FY25 GDP to Surpass Forecast: Industry

July 22, 2024 18:01

Industry bodies are confident that India's GDP growth will exceed the Economic Survey's forecast, with potential for 8% growth. The survey highlights key areas for growth and reform.

COP29: Azerbaijan Launches Climate Fund, Shelves Fossil Fuel Levy

July 20, 2024 08:26

Azerbaijan, COP29 host, launches a new climate fund to invest in developing countries, shelving a planned fossil fuel levy. The fund aims to raise USD 1 billion annually from fossil fuel producers,...

COP29 President: Political Action Needed for Climate Finance

July 18, 2024 00:17

The COP29 president calls for political direction to resolve disputes on a new climate finance target for developing countries after 2025.

COP29 Baku: Finance Deal Key to Climate Action - Former Maldives Prez

July 14, 2024 15:41

Former Maldives President Nasheed warns of tough COP29 negotiations in Baku, emphasizing the need for a new finance goal to break the climate impasse. He calls for a climate damages tax on oil...

Climate Finance Key to COP29 Success: Former Maldives President

July 14, 2024 14:48

Former Maldives president warns of tough climate talks in Baku, emphasizing the need for a new finance goal to break the impasse. Learn more about COP29 and climate finance.

India, Singapore Poised for New Era: President Shanmugaratnam

July 12, 2024 06:04

Singapore President Tharman Shanmugaratnam outlines opportunities for India and Southeast Asia despite global economic headwinds, emphasizing collaboration and innovation.

Rich Nations Fail to Meet Climate Finance Promise: Oxfam

July 11, 2024 20:14

Oxfam claims rich nations provided only USD 35 billion in climate finance to developing countries in 2022, far less than the promised USD 100 billion. The report highlights the discrepancy between...

BRICS Parliamentary Forum: Birla Urges UNSC, WTO Reforms

July 11, 2024 17:55

Lok Sabha Speaker Om Birla advocates for greater democracy in global governance, calling for reforms in the UN Security Council and WTO during the 10th BRICS Parliamentary Forum.

India-UK FTA: New PM Keir Starmer Prioritizes Ties

July 5, 2024 21:17

New UK PM Keir Starmer signals a renewed focus on India-UK relations, prioritizing the stalled Free Trade Agreement negotiations. Experts discuss the future of the partnership.

PM Modi: 'Make in India' Key to Global Growth at SCO Summit

July 4, 2024 20:31

PM Modi emphasizes the 'Make in India' initiative's potential to boost global growth and democratize the economy at the SCO Summit, highlighting the importance of reliable supply chains.

GPAI Reaches Consensus on Future Vision

July 3, 2024 22:25

The GPAI Ministerial Council has agreed on a future vision for the partnership, recognizing AI's potential and addressing emerging risks and challenges.

AI Regulations: India Seeks Political Consensus - Vaishnaw

July 3, 2024 20:07

India is actively discussing AI regulations, with Union Minister Ashwini Vaishnaw highlighting the need for political consensus. The government aims to ensure responsible AI development and...

Global AI Risks: Vaishnaw Calls for Collective Action

July 3, 2024 12:26

Union Minister Ashwini Vaishnaw stresses global cooperation to address AI risks and dangers, highlighting the need for a comprehensive India AI Mission to be launched soon.

Global Compact on AI: India to Leverage AI for Citizen Services

June 30, 2024 14:32

Arundhati Bhattacharya, Salesforce India CEO, emphasizes the need for a Global Compact on AI to prevent misuse while highlighting its potential to revolutionize Indian public services.

CCPA Asks Appliance Makers to Clarify Warranty Start Date

June 22, 2024 20:08

The CCPA has asked electronic appliance manufacturers to clearly inform customers about the starting date of the warranty period and promptly address their grievances.

India has option to propose retaliatory duties on EU's safeguard measures on some steel products

June 17, 2024 18:12

India is considering retaliatory duties on EU steel imports after failing to reach a consensus on the EU's safeguard measures. The move follows the EU's extension of safeguard duties on certain...

Income Tax Relief for Lowest Slab: CII's Budget Proposal

June 16, 2024 12:05

CII suggests income tax relief for the lowest slab in the upcoming Budget, citing high inflation. The industry body also calls for reforms in land, labor, power, and agriculture.

CII Urges Modi 3.0 to Push Land, Labour, Agri Reforms

June 13, 2024 19:23

CII calls for reforms in land, labour, and agriculture to accelerate economic growth, aiming for 8% growth in the current financial year. The industry body also suggests GST rationalization and tax...

Pakistan Defence Budget Increased by 15% in 2024-25

June 12, 2024 21:09

Pakistan's defence budget has been hiked by 15% in the 2024-25 budget, reaching Rs 2,122 billion. This comes amidst efforts to secure a loan from the IMF.

BRICS: A Key Global Forum, Says South African Minister

June 12, 2024 19:17

South African Minister Naledi Pandor hails BRICS as a key global forum, emphasizing its role in shaping a more equitable world order.

India's Economic Growth: New Govt's Focus & Goals

June 4, 2024 16:14

India's new government inherits a strong economy with robust growth and plans to further accelerate reforms, aiming for a developed nation status by 2047. Learn about the key priorities and...

S&P to Watch India's Rating Upgrade: Fiscal Policies Key

May 31, 2024 15:37

S&P Global Ratings will monitor India's fiscal performance and pro-growth policies for the next 2 years before deciding on a sovereign rating upgrade. The agency expects India's growth to be...

IBC Success: FM Slams Congress for Regressive Policies

May 30, 2024 19:12

Finance Minister Nirmala Sitharaman highlights the success of the Insolvency and Bankruptcy Code (IBC), criticizing Congress for hindering economic growth with regressive policies.

India's Commerce Ministry Sets SOP for Free Trade Agreements

May 28, 2024 17:30

India's commerce ministry is working on a standard operating procedure for free trade pacts. This includes discussions on economic assessment, capacity building, and addressing contemporary issues...

WIPO Treaty Protects Genetic Resources, Traditional Knowledge: India's Key Role

May 25, 2024 15:44

A new WIPO treaty mandates disclosure of origin for genetic resources and traditional knowledge used in inventions. India, a biodiversity hotspot, played a key role in the agreement.

India Wealth Tax Proposal: 2% Tax on Rs 10 Crore+ Wealth

May 24, 2024 15:30

A new study suggests India impose a 2% tax on wealth exceeding Rs 10 crore and a 33% inheritance tax to tackle rising inequality. The proposal aims to generate 2.73% of GDP in revenue.

E-commerce Firms Back Anti-Fake Review Rules

May 15, 2024 18:48

E-commerce giants support mandatory compliance with quality norms for consumer reviews to combat fake reviews and protect consumer interests.

Chabahar Port Arbitration to be Referred to Muscat Tribunal

May 14, 2024 18:13

India and Iran have agreed to refer arbitration matters related to the Chabahar port to a tribunal in Muscat. The agreement paves the way for India's long-term operation of the strategic port.

GST Revenue Reaches Pre-GST Levels: Sitharaman

May 6, 2024 20:04

Finance Minister Nirmala Sitharaman highlights the success of GST implementation, stating revenues have reached pre-GST levels despite lower tax rates and a pro-poor approach.

IMF Approves $1.1 Billion Loan to Pakistan: Bailout && Economic Reforms

April 30, 2024 10:45

The IMF has approved a $1.1 billion loan to Pakistan as part of a bailout package, emphasizing economic reforms. This follows the completion of the second and final review of Pakistan's economic...

FPIs Pull Out Rs 5,200 Crore from India Amid Tax Treaty Changes

April 21, 2024 10:35

Foreign investors withdrew over Rs 5,200 crore from Indian equities in April, driven by concerns over changes in the tax treaty with Mauritius and rising US inflation.

Pakistan Seeks IMF Bailout: USD 6-8 Billion Request

April 20, 2024 11:29

Pakistan has formally requested a new IMF bailout package of USD 6-8 billion, seeking to address its economic challenges and secure macroeconomic stability.

India's G20 Presidency Applauded at IMF & WB Meetings

April 20, 2024 09:12

India's role in building consensus on key global issues during its G20 presidency has been widely praised at the IMF & World Bank Spring Meetings. Read more.

Bitcoin Halving: What It Means & Impact on Price

April 20, 2024 06:24

Bitcoin's halving event has arrived, reducing mining rewards and potentially impacting its price. Learn about its effects, implications for miners, and the environment.

BJP Never Faced Split, Focused on Ideology: Fadnavis

April 6, 2024 12:13

Maharashtra Deputy CM Devendra Fadnavis asserts that BJP's ideology has kept it united, unlike other parties like Shiv Sena and NCP which have witnessed splits. He also emphasizes the party's...

BJP Never Faced Split, Focused on Ideology: Fadnavis

April 6, 2024 12:12

Maharashtra Deputy CM Devendra Fadnavis asserts BJP never faced internal divisions, highlighting the party's ideological foundation and its commitment to national interests. He also praises PM...

Russia, West Unite Against 'Blood Diamonds' Despite Feud

April 4, 2024 11:18

Despite tensions, Russia and Western allies united to support the Kimberley Process, which aims to eliminate the trade in 'blood diamonds' used to fund conflicts in Africa.

China Boosts Defence Budget by 7.2%, Reaches USD 232 Billion

March 5, 2024 14:37

China increases its defence budget to USD 232 billion amidst tensions over Taiwan, South China Sea, and rivalry with the US. The budget hike comes as China seeks to modernize its military and...

Singapore Raises Retirement Age, Funds Global Leadership Training

March 4, 2024 18:20

Singapore addresses workforce challenges by raising retirement age, funding overseas training for local employees to boost their global leadership potential.

India Blocks China-Led WTO Pact: Experts Say It Promotes Multilateralism

March 3, 2024 18:17

India's move to block a China-led investment facilitation pact in the WTO promotes multilateralism, experts say. India opposed the agreement, arguing it could limit policy space for development and...

Pakistan's New PM Shehbaz Sharif Vows to Revive Economy

March 3, 2024 16:47

Pakistan's new PM Shehbaz Sharif pledges to revive the ailing economy, tackle debt, and secure G20 membership by 2030.

India Retains Policy Space for Farmers, Fishermen at WTO: Goyal

March 2, 2024 09:49

India secured its policy space to protect farmers and fishermen at the WTO ministerial conference. Commerce Minister Piyush Goyal said India is satisfied with the outcome, despite no agreement on...

WTO Ministerial Meet Deadlocked: India Pushes for Farmer, Fishermen Interests

March 1, 2024 19:23

The 13th WTO ministerial conference in Abu Dhabi has been extended as members struggle to reach consensus on key issues including agriculture, fisheries subsidies, and e-commerce moratorium. India...

E-bill Platform & Cyber Security: Finance Secretary's Directive

March 1, 2024 14:33

Finance Secretary T V Somanathan urges government departments to adopt the e-bill platform and strengthen cyber security measures to safeguard India's payment network.

WTO Talks Stalemate: Agri, Fisheries Issues Block Progress

February 29, 2024 22:32

WTO ministerial meeting extended as negotiations over agriculture, fisheries subsidies, and e-commerce face deadlock between developed and emerging economies.

WTO Talks Extend to Day 5: India Pushes for Farmer Interests

February 29, 2024 20:51

WTO ministerial meeting likely to extend into a fifth day as talks continue on agriculture, fisheries subsidies, and e-commerce moratorium. India emphasizes protection of farmers and fishermen.

India''s Role at WTO: Goyal Criticizes Nations Blocking Consensus

February 29, 2024 00:49

India''s Commerce Minister Piyush Goyal criticizes certain nations for hindering consensus at the WTO, highlighting India''s role as a consensus builder.

India Blocks China-Led Investment Pact at WTO

February 28, 2024 21:46

India, supported by South Africa, blocked a China-led attempt to include an investment facilitation pact in the WTO ministerial conference agenda. The proposal, which aimed to be binding on...

WTO Neglects Services Trade: Experts - PTI

February 28, 2024 11:15

Despite accounting for over 20% of global trade, services trade receives little attention at the WTO, say experts, who criticize developed nations for pushing their own agendas.

India Opposes China's WTO Investment Proposal: Non-Trade Issue

February 27, 2024 22:36

India has rejected a China-led proposal for investment facilitation at the WTO, arguing it falls outside the trade body's mandate. India states it's a non-trade issue and the proposal is...

QSR Revenue & Margin Under Stress: Recovery Delayed

February 26, 2024 17:55

Food delivery apps impact QSR revenue and margin, recovery delayed due to competition and inflation. Report highlights challenges for industry.

India Urges WTO to Resolve Food Stockpile Issue at Abu Dhabi Meet

February 26, 2024 17:35

India calls for a permanent solution to the public food stockpile issue at the WTO ministerial conference in Abu Dhabi, linking it to achieving zero hunger by 2030.

WTO Warns of Global Economy Risks: War, Uncertainty & Instability

February 26, 2024 13:38

The WTO Director-General warns that war, uncertainty, and instability are weighing down the global economy and calls for reform. Read more about the challenges facing the WTO.

Global Economy: WTO Warns of Uncertainty & Instability

February 26, 2024 13:37

The head of the World Trade Organisation warns of global economic challenges due to war, uncertainty, and instability. The WTO faces pressure from the US and other nations while dealing with a...

WTO to Debate Tax-Free Online Media

February 25, 2024 12:37

The WTO is debating whether to end the tax-free status of online media like Netflix and Spotify, with developing countries pushing for revenue and industry groups opposing the change.

WTO Meet: India Pushes for Food Security & Fishermen's Interests

February 25, 2024 11:10

India will strongly oppose a China-led proposal at the WTO ministerial meeting, focusing on food security, fishermen's interests, and a permanent solution for MSP.

India's Problem: Under-employment, Not Unemployment - Panagariya

February 24, 2024 18:06

Former NITI Aayog Chairman Arvind Panagariya says India's challenge is under-employment, not unemployment, and calls for labor reforms to boost productivity and create well-paid jobs.

WTO Investment Facilitation Proposal Raises Concerns: Experts

February 22, 2024 13:00

Experts warn of systemic concerns with China-led investment facilitation proposal at WTO, potentially impacting developing nations. India and South Africa oppose the agreement.

Farmers' Protests: Govt Urges Peace, Invites Talks

February 21, 2024 20:02

India's Agriculture Minister calls for peace during farmer protests and invites them for further discussions on MSP and other demands.

Pakistan Stock Market Soars After Coalition Deal

February 21, 2024 13:53

Pakistan's stock market surged after PML-N and PPP agreed to form a coalition government. Analysts expect further gains as the new government unveils its economic strategy.

India Opposes China-Led Investment Facilitation at WTO

February 20, 2024 19:02

India objects to a China-led proposal on investment facilitation at the WTO, arguing it falls outside the global trade body's mandate. The proposal, aimed at easing investment, is being pushed by a...

Pakistan's Political Uncertainty Threatens IMF Deal - Fitch

February 19, 2024 22:42

Fitch Ratings warns that Pakistan's political uncertainty could hamper its efforts to secure an IMF deal, putting the country's economic stability at risk.

Farmers' Agitation: Rs 500 Crore Daily Loss to Northern States - PHDCCI

February 16, 2024 21:48

The PHDCCI estimates a daily economic loss of Rs 500 crore due to the ongoing farmers' agitation, impacting northern states like Punjab, Haryana and Delhi. The agitation is severely affecting MSMEs...

Insolvency Mediation: Expert Panel Recommends Voluntary Mechanism

February 14, 2024 21:25

An expert panel suggests a voluntary mediation mechanism under India's insolvency law, aiming to enhance dispute resolution and efficiency in the process.

India-US AI Regulation Cooperation: Satya Nadella

February 7, 2024 15:20

Microsoft CEO Satya Nadella emphasizes the need for India and the US to collaborate on AI regulations, highlighting the technology's potential for economic growth and equitable distribution.

India's G20 Presidency: Success && Consensus Building - Jaishankar

February 3, 2024 08:23

India's G20 presidency, marked by consensus building && a focus on multilateralism, was a 'notable period' in India's diplomatic history, says Jaishankar.

India's G20 Presidency: Consensus Builder & Friend - Jaishankar

February 2, 2024 23:36

India's G20 presidency was a success, with External Affairs Minister S Jaishankar highlighting the country's role as a 'consensus builder' and 'friend'. Learn about the key achievements and...

India Budget 2024: Infra Boost, Agri Focus, No Populism

February 1, 2024 21:07

India's interim budget focuses on infrastructure spending, agriculture measures, and fiscal consolidation, shunning populist measures ahead of general elections.

India Budget 2024: Infra Spend, Agri Focus, No Populism

February 1, 2024 17:07

India's interim budget focuses on infrastructure development, agricultural sector, and fiscal consolidation, with no populist measures ahead of the 2024 elections. Learn more.

India Budget 2024: Capital Spend Hike, Deficit Cut - PTI

February 1, 2024 12:26

India's Finance Minister Nirmala Sitharaman presented an interim budget for 2024-25, hiking capital expenditure and trimming the fiscal deficit. No changes in income tax rates were announced.

India Nears Rural Housing Target: FM

February 1, 2024 11:45

India is close to achieving the target of 3 crore houses under the rural housing scheme and 2 crore more will be constructed in the next five years, Finance Minister Nirmala Sitharaman said.

AI in Education: Educators Call for Govt Oversight

January 28, 2024 15:25

Majority of Indian educators want government regulation of AI in education, citing concerns over ethical implications and potential risks. Read the report on the impact of AI on education.

PLI Scheme Boosts Air Conditioner Industry: Panasonic

January 28, 2024 12:12

Panasonic Life Solutions India highlights the success of the PLI scheme for air-conditioners, increasing domestic value addition to 45% within 18 months.

US Economy Grew 2% in Q4, Resilient Despite Slowdown

January 25, 2024 10:50

The US economy expanded 2% in the fourth quarter, showing resilience despite a slowdown from the previous quarter. Inflation has eased, but prices remain high. Read more.

WTO Reform Prospects Dim: GTRI Report

January 21, 2024 13:12

A new report from the Global Trade Research Initiative suggests that WTO member countries are unlikely to reach consensus on reforming the dispute settlement system at the upcoming ministerial...

Taxing Rich Farmers: MPC Member's View

January 17, 2024 17:01

Reserve Bank MPC member Ashima Goyal suggests taxing rich farmers to ensure fairness in India's tax structure, while also discussing coalition governments and economic growth.

Khattar Invites Investment in Haryana at Vibrant Gujarat Summit

January 11, 2024 22:04

Haryana Chief Minister Manohar Lal Khattar attends the Vibrant Gujarat Global Summit 2024, seeking investment from leading companies and discussing collaborations in hydrogen policy, AI, and...

India Economy to Grow 6.2% in FY25: Report

January 9, 2024 22:13

India's economy is projected to grow at 6.2% in the next fiscal year, driven by positive credit momentum and manageable macroeconomic conditions. The report highlights factors like rising household...

Haryana DyCM Orders Fire System Checks in Industrial Units

January 8, 2024 22:32

Haryana Deputy Chief Minister Dushyant Chautala has directed a thorough check of firefighting systems in industrial units across the state, emphasizing immediate repairs for faulty systems. The...

BRICS Expands: 5 New Members, Putin Hints at More

January 2, 2024 19:18

BRICS, a bloc of emerging economies, welcomes 5 new members (Egypt, Ethiopia, Iran, Saudi Arabia, UAE). Russian President Putin suggests further expansion.

BRICS Expands: 5 New Members Join Bloc

January 2, 2024 14:59

BRICS, a bloc of top emerging economies, has expanded to include five new members: Egypt, Ethiopia, Iran, Saudi Arabia, and the UAE. This move signifies the growing influence of the bloc in global...

Pakistan's Economic Model Needs Change: World Bank

December 28, 2023 14:31

World Bank warns Pakistan's economic model is failing, urging policy changes to address poverty, climate impacts, and promote sustainable growth.

India Focuses on Coal-fired Power for 24x7 Electricity in 2024

December 25, 2023 12:49

India plans to increase coal-fired power generation capacity alongside renewables to ensure 24x7 electricity supply in 2024, amid economic growth and energy security concerns. This move aims to...

FMCG Outlook 2024: Double-Digit Growth, Rural Revival & More

December 24, 2023 12:02

India's FMCG sector is poised for double-digit growth in 2024, driven by rural demand revival, favorable commodity prices, and innovation. Read more.

India Objects to WTO Investment Facilitation Talks

December 22, 2023 19:09

India has strongly objected to investment facilitation talks at the WTO, arguing it falls outside the organization's mandate and should be addressed bilaterally.

FPIs Invest Rs 1.5 Lakh Crore in Indian Equity Markets in 2023

December 17, 2023 11:30

Foreign portfolio investors (FPIs) have invested nearly Rs 1.5 lakh crore in Indian equity markets in 2023, driven by optimism over the country's economic fundamentals.

Dharavi Redevelopment: Adani Group Defends Project Award

December 16, 2023 21:21

Adani's Dharavi Redevelopment Project Pvt Ltd (DRPPL) says the Dharavi slum redevelopment project was awarded through a fair and open international bidding process.

Adani Dharavi Redevelopment: Open Bidding, Previous Govt Awarded

December 16, 2023 20:01

Adani Group says Dharavi redevelopment project awarded through open bidding by previous MVA govt, refutes claims of favoritism. Project aims to transform the slum.

India's Potential in AI: Global South Focus - GPAI Summit 2023

December 14, 2023 22:40

India's Meity Secretary highlights the country's potential to develop AI models and applications for the Global South, addressing existing biases in AI.

India-US Relations Strengthen: Trade, Defence & QUAD Alignment

December 14, 2023 09:40

USISPF CEO Mukesh Aghi highlights positive trajectory in India-US relations, emphasizing trade growth, defense cooperation, and QUAD alignment.

Global AI Partnership Adopts New Delhi Declaration

December 13, 2023 22:40

The Global Partnership on AI, with 29 member nations, unanimously adopted the New Delhi Declaration, committing to safe and trusted AI development and governance. The declaration prioritizes...

India's 6Ghz Spectrum Stance at Global Meet: COAI Alleges Deviation

December 13, 2023 20:59

COAI alleges India's delegation at the ITU World Radiocommunication Conference is deviating from agreed upon stance on 6 Ghz spectrum allocation, potentially harming 5G development.

India Should Focus on Proven Tech for Climate Goals: GTRI

December 13, 2023 19:48

Think tank GTRI advises India to prioritize functional and proven technologies over fancy solutions and costly subsidies to achieve climate goals. It also suggests India should remain committed to...

GSMA Urges India to Allocate 6 GHz Spectrum for 5G

December 13, 2023 11:52

Global telecom body GSMA calls on India to allocate 5G spectrum in the 6 GHz band, highlighting its benefits for network capacity and digital leadership. The body emphasizes the need for India to...

COP28 Climate Talks Stalemated on Fossil Fuel Phase-Out

December 12, 2023 16:16

The COP28 climate summit is facing a stalemate over fossil fuels, with some countries pushing for a phase-out while others resist. The final agreement remains uncertain as negotiators scramble to...

GPAI Summit: India Aims for AI Declaration Document - PTI

December 11, 2023 20:39

India will push for a consensus-based declaration document on AI opportunities and risks at the GPAI Summit, emphasizing AI for sustainable agriculture and a collaborative structure for harnessing...

GPAI Summit in India: AI Consensus & Declaration Document

December 11, 2023 16:02

India hosts the GPAI Summit, aiming for a consensus-based declaration on responsible AI, risk mitigation, and opportunities. Discussions focus on sustainable agriculture, AI governance, and the...

COP28: Fossil Fuels & Adaptation Stalemate as Climate Talks Heat Up

December 10, 2023 17:18

COP28 negotiations face roadblocks on fossil fuel phase-out and adaptation funding as pressure mounts to avert climate disaster.

Indian Market Outlook: Macro Data, Global Trends & Fed Policy

December 10, 2023 15:12

Analysts predict Indian equity markets will be driven by global trends, macroeconomic data, and the US Fed policy meeting this week. Inflation, industrial production, and the Fed's decision will...

Digital India Act Delay: Next Election Unlikely - MoS IT

December 6, 2023 21:53

India's Digital India Act, replacing the IT Act 2000, may not be in place before the next general election due to extensive consultation needed. The Minister of State for Electronics and IT, Rajeev...

India''s Economy to Grow 6.8% in FY24: CII

December 6, 2023 17:20

CII expects India''s economy to grow at 6.8% in the current fiscal year, driven by infrastructure development and ease of doing business. The chamber forecasts 7% growth in FY25.

Digital India Act Delayed: MoS IT Rajeev Chandrasekhar

December 6, 2023 11:43

India's Digital India Act, replacing the outdated IT Act 2000, is unlikely to be implemented before the next general election due to extensive consultation required. The Minister of State for...

Pakistan, Saudi Arabia Seal GCC Free Trade Agreement

December 3, 2023 13:59

Pakistan and Saudi Arabia have reached a consensus on investment terms, paving the way for a long-awaited free trade agreement with the Gulf Cooperation Council (GCC).

PM Modi: Rich Nations Should Reduce Carbon Footprint Before 2050

December 1, 2023 19:09

Prime Minister Narendra Modi calls for rich nations to reduce their carbon footprint before 2050 and for concrete progress on climate finance commitments at COP28.

COP28 Presidency & IEA: Decarbonisation Initiatives for 1.5°C

December 1, 2023 14:35

COP28 Presidency and IEA highlight decarbonisation initiatives to keep 1.5°C within reach, calling for tripling renewable energy capacity and phasing down fossil fuel demand.

UN Backs Nuclear Power at COP28 Amid Proliferation Concerns

November 30, 2023 21:07

The head of the UN nuclear watchdog says the world wants more nuclear energy to fight climate change, but warns of the risks of proliferation, particularly in Iran. COP28 is seeing a shift in...

OPEC+ Struggles to Agree on Oil Cuts Amid Price Tumble

November 30, 2023 20:13

OPEC+ members struggle to agree on oil production cuts as prices fall despite efforts to prop them up, impacting economies and the global oil market.

OPEC+ Struggles to Cut Oil Production as Prices Tumble

November 30, 2023 10:49

OPEC+ nations are struggling to agree on oil production cuts despite falling prices, raising concerns about their ability to influence the market.

Web3 Jobs Boom: 2 Million High-Paying Roles in India - Report

November 29, 2023 15:27

A new report predicts Web3, based on blockchain technology, will create 2 million high-paying jobs in India within a decade. India is already a leader in Web3 development, with a thriving...

China Calls for G20 Action on Development, Not Politics

November 23, 2023 11:21

Chinese Premier Li Qiang urges G20 members to prioritize development cooperation and implement the New Delhi summit consensus, emphasizing the need for practical steps to address global economic...

AI Safety && Growth: India's Balanced Approach

November 3, 2023 22:17

India prioritizes AI safety alongside its ambition to foster AI growth and startup innovation, aiming for a balanced approach that avoids stifling progress.

WTO Dispute Settlement Body Reforms: Experts Urge Developing Nations to Push for Formal Talks

November 1, 2023 17:18

Trade experts advise developing WTO members to advocate for formal negotiations on dispute settlement body reforms, emphasizing the need to address their concerns and avoid a US-EU dominated process.

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