Sri Lanka and Bangladesh are now considering their chances of membership in the 15-nation trading bloc. India walked out of RCEP years ago.

posted by 16th Oct 2023

The reserve bank has decided to discontinue the Incremental Cash reserve ratio in a phased manner. The measure was intended to absorb surplus liquidity generated by various factors, including the return of 2000 rupees noted to the banking system.

posted by 9th Sep 2023

The government so Far received registration from 58 companies for the Rs. 17,000 crore IT hardware production linked incentive scheme.

posted by 29th Aug 2023

India’s inflation woes are not over yet but food price spikes may be “transitory”, the Finance Ministry said, attributing the latest spike in headline inflation to global uncertainties triggered by the termination of the Black Sea Grain Initiative that has upset wheat and edible oil supplies, as well as disruptions in domestic farm output.

posted by 23rd Aug 2023

Tomato prices may be cooling from recent highs, but pulses could play the next spoilsport in the battle against inflation, with a below-par monsoon in August dragging down the sown area for pulses in the Kharif season by almost 10% from a year ago.

posted by 21st Aug 2023