Economy and Finance

The accord will unlock the duty-free access for about 99% of Indian exports, which will open the gate for $23 billion in opportunities for labour-intensive sectors, marking a new era for inclusive and gender-equitable growth.

The Enforcement Directorate has filed a FEMA complaint against Myntra and its related firms for allegedly violating FDI rules worth ₹1,654.35 crore. ED claims Myntra posed as a wholesale business while engaging in multi-brand retail trading.

Even as the EU keeps buying Russian gas, it has now targeted Indian refineries and flagged ships carrying Russian oil. India has hit back, calling out the West’s double standards and asserting its right to secure energy for 140 crore people.

India has now surpassed Japan and France, moving two steps ahead in the global ranking in World Travel and Tourism Council report

A 52-page draft note of the RBI, accessed by Reuters, prescribes a methodology for predicting and analysing the impact of extreme climate events and transition risks on the borrowers' ability to repay loans.

As trade negotiations between India and the United States enter their final phase. An unusual term, "non-veg milk," has emerged as the deal-breaker. India has firmly declared its refusal to allow US dairy imports a "non-negotiable red line". This comes amid US President Donald Trump’s August 1 deadline to reach a deal with countries or face steep tariffs.

In the 18th package of the sanctions announced today, the EU targets Russian oil exports, including refining of Russian oil in other countries. This includes “the biggest Rosneft refinery in India,” and the Indian flag registry.

In the ongoing Russia-Ukraine war, the US has extended its support to Ukraine by providing the Patriot air defense system which is a powerful tool that can detect and intercept incoming missiles. The close alliance between these two nations has triggered discomfort among other countries

US-based trading firm Jane Street has deposited ₹4,843 crore in an escrow account following SEBI's allegations of market manipulation. The company is accused of influencing stock and index prices in India.

Ahead of Donald Trump’s July 9 deadline for reciprocal tariff, Indian govt has firmly said that the country does not do trade deals based on timeline