BUSINESS
Rupee Stability Not a Concern; RBI Handling Volatility, Says Finance Secretary
"There is no concern about the value of the rupee. The volatility in rupee is being managed by the RBI," Pandey told reporters.
Morgan Stanley: Budget’s Financial Strategy Appears Realistic, Economic Growth Set to Accelerate
These efforts are expected to drive a recovery in economic growth while keeping macroeconomic stability in a favorable range.
GST Collections See 12.3% Growth, Reaching Rs 1.96 Lakh Crore in January
This rise is attributed to heightened economic activity during the month, as evidenced by the breakdown of revenue: Rs 1.47 lakh crore from the sale of goods and services domestically, and Rs 48,382 crore from imported goods.
India Reduces Import Duty on High-Capacity Motorcycles, Boosting US Brand Harley-Davidson
Specifically, the import duty on motorcycles with engine capacities up to 1,600 cc, imported as completely built-up (CBU) units, has been reduced from 50% to 40%.
EU Slams US Tariff, Promises to 'Respond Firmly' if Targeted: Spokesman
An EU spokesman emphasized the importance of maintaining open markets and adhering to international trade rules, which are crucial for sustainable economic growth.
Mexico Strikes Back at US Following Trump's Tariff Decision
A key point in Sheinbaum's rebuttal is her criticism of the US weapons industry, which she blames for fueling the violence in Mexico by supplying high-powered firearms to criminal groups.
Canada Imposes Retaliatory Tariffs on Its Long-Time Ally
As the longstanding allies, who share the world's longest land border, hit another low, Trudeau said in a news conference that he was imposing the duties on C$155 billion ($107 billion) in U.S. goods.
India Escapes Trump's First Tariff Salvo as China, Mexico & Canada Bear the Brunt
The 25% tariff on goods from Canada and Mexico and a 10% tariff on Chinese imports is aimed at reducing the US's significant trade deficit. However, India's position is notably different, as it was not targeted by these tariffs.
Govt Reduces Borrowing Target to Rs 11.54 Lakh Cr for FY26
The government needs to borrow, raising dated securities, to meet its fiscal deficit target.
Rs 1 Lakh Crore Urban Challenge Fund to Transform Cities into Growth Hubs
She further added that this fund will finance up to 25 per cent of the cost of bankable projects with a stipulation that at least 50 per cent of the cost is funded from bonds, bank loans, and PPPs. An allocation of Rs 10,000 crore is proposed for 2025-26.
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