India’s trade ties expansion: 5 major FTAs signed in five years; more deals in progress, says MoS Commerce & Industry

[ad_1] Over the last five years, India has expanded its international trade relationships by signing five major Free Trade Agreements (FTAs) whilst progressing with several new negotiations, as detailed in Minister of State for Commerce and Industry Jitin Prasada’s written response to the Rajya Sabha.The Minister provided this information in response to Congress member Jebi…

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Symbol of India-Russia ties takes a hard hit! How Russia-backed Indian refinery Nayara Energy is navigating a perfect storm – big hurdles challenge growth

[ad_1] Nayara Energy is responsible for approximately 8% of India’s refining capacity and 7% of its retail fuel station network. (AI image) Nayara Energy, the Russia-backed Indian refinery, is facing a perfect storm – hit by European Union sanctions, currently faces multiple challenges: disrupted global shipping, domestic regulatory constraints, changes in leadership and concerns regarding…

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Market valuation: Mcap of six of top 10 firms tumbles by Rs 1.36 lakh crore; Reliance takes biggest hit

[ad_1] NEW DELHI: Six of the country’s 10 most valued companies saw a combined erosion of Rs 1,36,151.24 crore in market capitalisation last week, dragged down by weak sentiment in equity markets, with Reliance Industries suffering the steepest loss. The BSE Sensex fell for the sixth straight week, shedding 742.12 points or 0.92 per cent,…

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Sebi revises InvIT rules for private to public conversion: Disclosure norms aligned with follow-on offers; sponsor requirements eased

[ad_1] Sebi revises norms on InvITs Sebi has modified the framework governing the transformation of private listed Infrastructure Investment Trusts (InvITs) to public InvITs, with updated sponsor holding requirements and harmonised disclosure norms.The market regulator implemented these modifications with immediate effect, following industry feedback and guidance from the Hybrid Securities Advisory Committee, according to The…

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Sovereign gold bonds redemption: RBI sets Rs 10,070 as premature redemption price for two SGB series, investors gain up to 147% returns

[ad_1] The Reserve Bank of India (RBI) has announced that investors in Sovereign Gold Bonds (SGB) 2019-20 Series-IX and 2020-21 Series-V can opt for premature redemption on August 11, 2025, at Rs 10,070 per unit.These government-backed bonds, with an eight-year tenure, allow early redemption only after the fifth year from the date of issue and…

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Michigan Governor Whitmer urges Donald Trump to ease tariffs; auto jobs under threat; automaker fears rising cost

[ad_1] Michigan Governor Gretchen Whitmer met privately with President Donald Trump this week to deliver a message she knew he might resist: his tariffs are hurting the state’s automotive industry, threatening jobs and profits in a sector central to Michigan’s economy.The Democrat brought a slide presentation to the Oval Office meeting on Tuesday, highlighting how…

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Future of farming: Agriculture secretary pitches shift from production-centric to ethical policy; aims for self-reliance in pulses, oilseeds sustainably

[ad_1] Union Agriculture Secretary Devesh Chaturvedi on Saturday called for a decisive change in India’s agricultural policy — moving away from a purely utilitarian, output-driven model towards one shaped by ethical principles, as the country seeks to reconcile food security goals with environmental safeguards.Addressing the valedictory session of the M S Swaminathan Centenary International Conference,…

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Financial inclusion must focus on literacy, not just access: RBI deputy governor

[ad_1] Financial inclusion is about more than just providing access to banking — it’s about equipping people with the knowledge to improve their lives, Reserve Bank of India Deputy Governor Swaminathan Janakiraman said on Saturday.Speaking at the Financial Inclusion Saturation programme organised by Indian Bank in Tiruvallur district, Janakiraman said initiatives like Re-KYC camps help…

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China’s consumer prices stable in July; deflation pressures and weak demand persist; trade truce with US nears expiry

[ad_1] China’s consumer prices held steady in July, offering brief relief to an economy struggling with deflationary pressures and weak domestic demand.According to AFP, the official data from the National Bureau of Statistics showed that the Consumer Price Index (CPI) was unchanged year-on-year, beating Bloomberg’s forecast of a 0.1% decline. However, prices fell in rural…

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