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World Bank Backs India's Rooftop Solar Plan With USD 890 Mn Funding

New Delhi, July 11 -- The World Bank's Board of Executive Directors on Friday approved a USD 890 million financing package to support India's national rooftop solar programme, aimed at expanding clean... Read More


Govt Prolongs Anti-Dumping Duty On Chinese Steel Tubes, Pipes Till Jan 2027

New Delhi, July 11 -- India has extended the anti-dumping duty on certain steel tubes and pipes imported from China until January 27, 2027, aiming to protect domestic manufacturers from low-priced imp... Read More


Private Lenders To Outpace PSUs As Credit Demand Soars: Report

New Delhi, July 11 -- India's banking sector is expected to witness a strong recovery in earnings over the next few years, with profits projected to grow at a compound annual growth rate (CAGR) of aro... Read More


India's Foreign Exchange Reserves Increase USD 7.26 Billion On Higher FCAs, Gold

New Delhi, July 11 -- India's foreign exchange reserves increased by USD 7.26 billion to USD 674.19 billion in the week ended July 4, supported by higher foreign currency assets and gold reserves, acc... Read More


Foreign Inflows, Lower Crude Oil Prices Push Indian Government Bond Prices Higher

New Delhi, July 11 -- Indian government bond prices rose in early trade on Friday, supported by overnight gains in the U.S. Treasuries, lower crude oil prices and continued foreign investor buying, al... Read More


DGFT Revises TRACE Scheme; MSMEs Eligible For Up To 95% Certification Cost Reimbursement

New Delhi, July 11 -- The Directorate General of Foreign Trade (DGFT) has revised the guidelines for the Trade Regulations, Accreditations and Compliance Enablement (TRACE) scheme under the Export Pro... Read More


Global Uncertainty Pushes India's Business Confidence To Three-Year Low: HSBC

New Delhi, July 11 -- Business confidence among India's private sector companies has fallen to its lowest level in nearly three years amid global uncertainty following the Middle East conflict, accord... Read More


FISME To Host National Conference On Global Trade Challenges Facing MSMEs

New Delhi, July 10 -- The Federation of Indian Micro and Small & Medium Enterprises (FISME), in collaboration with the Economic Policy Centre (EPC) at Mahindra University and the Friends of MSMEs in P... Read More


Union Textiles Minister Reviews ITADCs and ATUFS Implementation;Launches KPI Portal to Track Sectoral Growth

New Delhi, July 10 -- Union Textiles Minister Giriraj Singh reviewed key initiatives aimed at strengthening India's textile ecosystem, including the transformation of Integrated Textile and Apparel De... Read More


Below-Normal Rainfall Could Hit Farm Incomes And Slow Demand: S&P Global Ratings

New Delhi, July 10 -- A weak southwest monsoon could weigh on India's rural economy in the coming months by reducing farm incomes, raising inflation and slowing demand, according to a report by S&P Gl... Read More