Seville (Spain)India supports reforms to the international financial architecture to enhance inclusivity and equity, including Multilateral Development Bank (MDB) reforms and fairer credit rating systems, Finance Minister Nirmala Sitharaman has stressed.
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An internal Reserve Bank of India committee is likely to recommend maintaining the current inflation target of 4%, with a 2%-6% tolerance band, in the upcoming government review. The panel favors retaining the consumer price index as the target, citing…
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As GST enters its ninth year, a key question looms: Can it become truly business-friendly without fixing tribunals and compliance burdens? CFOs say despite improved transparency and collections, the regime remains weighed down by unresolved disputes, blocked capital, and complex…
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A project management agency is likely to be appointed within a month to screen the applications, the official said, adding that approvals will follow soon after.
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US President Donald Trump announced that the US and India are nearing a trade deal with reduced tariffs, aiming for fair competition. Negotiations are intensifying before the July 9 deadline to avoid the reinstatement of 26% reciprocal tariffs. India is…
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MSME lending outpaced retail and services sectors in FY25, growing by 14.1% amid overall deceleration in bank credit. The surge was supported by improved asset quality, with a decline in subprime borrowers and gross NPA ratio. Government credit guarantee schemes…
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