The markets watchdog proposed MIIs, like stock exchanges or clearing corporations, appoint two executive directors reporting to the Managing Director. | Photo Credit: HEMANSHI KAMANI Securities and Exchange Board of India (SEBI) proposed measures to strengthen the governance of market infrastructure institutions (MII) in a consultation paper released on June 24. The need for review…
India’s oil imports from Russia declined 14.5% in February, the lowest since January 2023. | Photo Credit: Reuters The story so far: Reversing course after being on an upward trajectory for about a week, oil prices slipped as much as 9% late Monday with emerging confidence about no disruption to oil supply globally and a de-escalation…
Some of the particular success stories of the PLI schemes in enhancing exports are in textile sector, an official release said. Representational file image. | Photo Credit: EMMANUAL YOGINI The government’s Production-Linked Incentive scheme has seen the government provide ₹21,534 crore worth of incentives in various sectors, thereby attracting investments worth ₹1.76 lakh crore, according…
UPI has transformed the digital payments landscape in India, the IMF paper said. Photo: X/@UPI_NPCI A new paper published by the International Monetary Fund has lauded the impact of the Unified Payments Interface (UPI) system in India and has said those looking to move from cash to digital payments should also carry out the other…
File photo of The Reserve Bank of India (RBI) logo. | Photo Credit: Reuters Amid global uncertainties, various high-frequency indicators point towards resilient economic activity in India across the industrial and services sectors, the Reserve Bank Bulletin said on Wednesday (June 25, 2025). “The global economy is in a state of flux, reeling from…
Power generators will hedge revenue, distribution companies hedge costs and traders bring liquidity according to NSE’s factsheet on the product. | Photo Credit: pixelfusion3d National Stock Exchange (NSE) is set to launch a new security called “Electricity Futures” in order to hedge losses due to electricity price fluctuations. This will allow power buyers, sellers, traders,…
The agenda for the Goods and Services Tax (GST) Council at its next meeting will include deliberations on minimising the 12% tax slab and also finalising the tax treatment on service intermediaries, which could provide the sector relief worth thousands of crores, according to informed sources. Further, while the meeting was initially supposed to be…
Image used for representative purpose only. | Photo Credit: V. Sudershan Foreign direct investment into India began financial year 2025-26 on a relatively strong footing, with gross inflows rising nearly 23% and net inflows more than doubling in April 2025, according to data released by the Reserve Bank of India. The data, as part of…
U.S. President Donald Trump said America is going to have a “very big” trade deal with India, hinting at significant progress in the negotiation process of a long-awaited bilateral trade agreement between the two countries. File picture of Union Commerce and Industry Minister Piyush Goyal meeting United States Secretary of Commerce Howard Lutnick. | Photo…
“We’re having some great deals. We have one coming up, maybe with India, a very big one, where we’re going to open up India,” U.S. President Donald Trump said during an event at the White on June 26, 2025. | Photo Credit: PTI A team of negotiators from India is in the U.S. for at…
