Enforcement Directorate. File | Photo Credit: The Hindu The Enforcement Directorate (ED) has decided to bring to a conclusion cases registered under the Foreign Exchange Regulation Act (FERA), which was repealed by the country more than 25 years ago in 1998. The criminal sections-loaded FERA of 1973 was replaced in June 2000 by the Foreign…
‘The concern that the IMF has expressed, and which underlies the lowly ‘C’ grade, is not going to be hastily resolved’ | Photo Credit: Getty Images/iStockphoto The release of the national accounts data for Quarter 2 recently was also one that coincided with serious concerns being expressed by the International Monetary Fund (IMF) about the…
Image used for representational purposes only. File | Photo Credit: Reuters Paving the path for further export of coal, the Union Cabinet announced it has approved a policy that allows coal acquired through auctioning to be utilised for any industrial use and export. For perspective, the current policy allows it to be utilised only for…
This contraction in food prices offset the impact of a quickening in fuel inflation to 2.3% in November 2025 compared to 2% in October, and a contraction of 1.8% in November of last year. File | Photo Credit: The Hindu Retail inflation in India quickened marginally to 0.7% in November 2025, up from the historic low…
Union Minister of Commerce and Industry Piyush Goyal with New Zealand’s Minister of Trade and Investment Todd McClay. File | Photo Credit: PTI India and New Zealand on Friday (December 12, 2025) discussed ways to fast-track negotiations for the proposed Free Trade Agreement (FTA) between the two countries. New Zealand Trade Minister Todd McClay is…
An IndiGo flight prepares to take off from Kempegowda International Airport in Bengaluru. File | Photo Credit: PTI Fair trade watchdog Competition Commission of India (CCI) is examining whether the country’s largest airline, IndiGo, violated competition norms, a senior official said on Friday (December 12, 2025) amid the carrier facing regulatory scrutiny over significant flight…
Over the last few days, the rupee exchange rate has fallen below ₹90 a dollar and has largely stayed at that level. Now, with Parliament running, a lot of the discourse on this has been political. However, from a policy level, it is critical to understand the economics behind the fall. Why is the rupee…
For representative purposes. | Photo Credit: Getty Images A significant transformation is under way in India’s capital markets. Domestic household savings are now replacing foreign institutional money. This is not just a change in numbers — it is a shift in market power. Indian equities are less exposed to the unpredictable swings of global capital,…
Containers are pictured on top of a cargo ship at the Lazaro Cardenas Cargo Port, Michoacan State, Mexico. India exported $5.7 billion worth of goods to Mexico in 2024-25. | Photo Credit: AFP The tariffs of up to 50% approved by Mexico’s Senate on Wednesday (December 10, 2025) on imports from Asian countries, including India,…
Over the last few days, the rupee exchange rate has fallen below ₹90 a dollar and has largely stayed at that level. Now, with Parliament running, a lot of the discourse on this has been political. However, from a policy level, it is critical to understand the economics behind the fall. Why is the rupee…
