The Reserve Bank of India proposed risk-based pricing for bank deposit insurance to encourage stronger risk management. This move addresses concerns that stressed banks could […]
Category: Business
Mining companies stare at 1.5 lakh crore hit from SC’s retro tax order
Public and private mining companies in India faced Rs 1.5 lakh crore arrears after the Supreme Court allowed states to collect royalty and tax on […]
WPI inflation moderates to 3-month low
In July, India’s wholesale price inflation slowed to 2%, down from 3.4% in June, owing to a favorable base effect. However, the prices of vegetables […]
India, Russia will look to balance trade
India and Russia sought to rebalance trade, which heavily favored Moscow, by discussing bilateral payment mechanisms and reducing barriers for Indian products like pharmaceuticals and […]
Goods exports decline for 1st time in 4 months
India’s trade deficit grew to $23.5 billion in July as exports declined 1.4% to $34 billion, mainly due to a drop in petrol, diesel, and […]