India’s government has recently decided to discontinue $23 billion initiative aimed at boosting domestic manufacturing. Launched four years ago, the Production-Linked Initiative (PLI) sought to attract firms away...
Recently, the United States continues to grapple with trade deficit. In 2024, the trade deficit exceeded $1 trillion for the fourth consecutive year. The persistent imbalance indicates a...
The Government of India plans to launch a statistical business register by the end of 2025. This initiative aims to monitor the opening and closing of businesses across...
Recent trends indicate shift in the demographics of Indian migrants. According to the Reserve Bank of India’s latest survey, skilled professionals are increasingly moving to advanced economies. This...
On November 5, 2024, the euro was valued at 1.0933 US dollars. This exchange rate is crucial as it influences global trade and investment. Following the election of...
Recently, India’s merchandise trade deficit fell to $14.05 billion. This marked the lowest level in over three years. The decline was primarily driven by contraction in both exports...
India and New Zealand have resumed negotiations for a Free Trade Agreement (FTA) after a decade-long hiatus. This decision marks step towards enhancing bilateral economic ties. The announcement...
RBI Governor Sanjay Malhotra recently outlined plans for a dedicated ‘on Tap’ cohort within the RBI’s Regulatory Sandbox. This initiative aims to encourage innovation in the financial sector...
Recently, the Reserve Bank of India (RBI) introduced a framework for recognising self-regulatory organisations (SROs) within the account aggregator (AA) ecosystem. This initiative aims to enhance the accountability...
Recently, India is exploring trade strategies with the United States amidst rising tariff threats. Industry stakeholders advocate for a zero-for-zero tariff approach. This method proposes eliminating tariffs on...
