Recently, shortly after taking office, US President Donald Trump issued an executive order withdrawing the United States from the OECD’s global tax deal. This agreement, designed to combat...
On April 1, 2025, India will implement the Diamond Imprest Authorization (DIA) Scheme. The scheme is a strategic response to global beneficiation policies that require diamond manufacturers to...
Recent developments have seen European banks reassessing their membership in the Net Zero Banking Alliance (NZBA). This follows a wave of withdrawals by major US banks, leading to...
India is poised to remain the fastest-growing major economy, with a projected growth rate of 6.7% for fiscal years 2026 and 2027. This growth outstrips the global average...
Recent estimates indicate a real GDP growth of 6.4% for India in the fiscal year 2024-25, falling short of earlier predictions. This slowdown has raised concerns about the...
Recently, the Real Effective Exchange Rate (REER) of the Indian rupee decreased to 107.20 from a peak of 108.14 in November. This change reflects the rupee’s ongoing volatility...
The Indian Commerce Ministry is advocating for a further extension of the Interest Equalisation Scheme (IES) in the upcoming Budget. This initiative aims to boost export activities amid...
Recently, the Government of India announced revival package for Rashtriya Ispat Nigam Ltd (RINL), a state-owned steel manufacturer facing severe financial difficulties. The ₹11,440 crore package aims to...
Recently, India has been recognised as the second most prepared job market globally, following the United States, according to the QS World Future Skills Index. This inaugural index...
In move to manage liquidity, the Reserve Bank of India (RBI) has announced daily variable rate repo (VRR) auctions. This decision comes amid a liquidity deficit exceeding ₹2...
