Commerce Minister Piyush Goyal embarks on a visit to Brussels this week for critical discussions on a proposed trade pact with the European Union. Negotiations are in their final stages. Goyal will also visit Liechtenstein to explore boosting trade and…
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A major trade deal between India and the United Kingdom is set for implementation in early 2026. This agreement aims to significantly boost trade between the two nations. Indian exporters will gain duty-free access to the UK market for most…
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State-run banks saw steady balance sheet growth in the December quarter, with loans continuing to grow faster than deposits. Average credit growth was about 14%, compared with deposit growth of nearly 11%, highlighting ongoing funding pressures. Brokerages expect loan growth…
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Old income tax demands from as early as 2005 are resurfacing on tax portals, with accumulated interest often exceeding the principal amount. This digitisation effort has created a piquant situation, as taxpayers may challenge the validity of these demands due…
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The RBI warned in its Financial Stability Report that financial stability risks could increase materially if there is a deeper correction in AI-driven asset prices, given the elevated valuations, rising leverage, and growing interconnectedness within the sector.
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India’s forex reserves rose by $3.3 billion to $696.61 billion in the week ended December 26, RBI data showed. The increase was led by a sharp $2.95 billion jump in gold holdings and a modest rise in foreign currency assets.…
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