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Just in:   • Tiruppur powerloom weavers to begin indefinite strike from March 19 demanding wage hike  • Lok Sabha okays oilfield amendment bill to attract more investments  • Europe's major military powers reaffirm support for Ukraine  • Trump tariffs to drag down S. Korean economic growth, inflation: BOK  • India’s tea exports surge to 10-year high 
Last updated: 13 Mar, 2025  
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Lok Sabha okays oilfield amendment bill to attract more investments
IANS | 13 Mar, 2025
The Lok Sabha has passed the Oilfield (Regulatory and Development) Amendment Bill, 2024  
India’s tea exports surge to 10-year high
IANS   |   13 Mar, 2025
India’s tea exports touched a 10-year high at 255 million kg in 2024 despite the uncertainties
SEBI reduces timeline to complete rights issues to 23 days, effective from April 7
IANS   |   12 Mar, 2025
In a bid to help companies raise capital faster, the Securities and Exchange Board of India
Digital payments surge with over 18,120 crore transactions in FY25
IANS   |   12 Mar, 2025
The digital payment transactions (including UPI) surged with over 18,120 crore transactions
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 India Economy News
retail.jpg India's retail inflation eases to 7-month low of 3.6 per cent in February
IANS | 12 Mar, 2025
 The year-on-year inflation rate, based on the Consumer Price Index (CPI), eased to an 7-month low o  Read more....
» India saves $5.43 billion forex as coal imports dip due to rising local production
» India’s digital economy grows 10 times, races towards $1 trillion mark
» 45-day Maha Kumbh generates over Rs 3 lakh crore, boosts state's economy
» India’s Q3 GDP shows upward bias due to high govt spending, improved consumption
» SIDBI gets $100 mn credit facility from France’s AFD for green projects in MSME sector
  Read more....
 Industry News
centre.jpg Centre launches new schemes to speed up R&D in steel sector
IANS | 12 Mar, 2025
The Steel Research Technology Mission of India (SRTMI), a joint initiative of the Indian steel indus  Read more....
» India ranked 11th in global pharma exports in 2023: Centre
» Women participation in India’s semiconductor sector to reach 35 pc by 2030
» NMDC’s iron ore production increases to 40.49 million tonnes in April-Feb
» India planning to raise ethanol blending by 20 per cent: Hardeep Singh Puri
» India’s auto sector not likely to face major impact due to US tariff hike
  Read more....
 In Depth
nirmala.jpg Bank credit to priority sectors jumped 85 pc to Rs 42.7 lakh crore in last 6 years: FM Sitharaman
IANS | 11 Mar, 2025
The overall credit disbursement by banks to priority sectors including agriculture, MSME   Read more....
» Guarantees not freebies, are strategic investments in social concern: CM Siddaramaiah presents budget
» PM’s ‘Act East’ policy opened Rs 5 lakh crore investment potential in Arunachal: V-P Dhankhar
» India-UAE bilateral trade doubles to $83.7 billion in two years after signing economic pact
» India's nuclear energy capacity jumps from 4,780 MW to 8,180 MW in 10 years, set for big leap
» Centre warns telcos of fine up to Rs 10 lakh over failure to curb spam
  Read more....
 Face to Face
nandan.jpg Time to bring a billion Indians into AI-driven digital economy: Nandan Nilekani
IANS | 13 Mar, 2025
There is an urgent need to build artificial intelligence (AI) solutions suited for India’s language   Read more....
» Making efforts to make Maha $1 trillion economy: Ajit Pawar
» Will consider market feedback before changing derivatives expiry: BSE CEO
» Global trade shifts open doors for India, it's time to lead cleantech: Amitabh Kant
» India emerging as global biotech innovation hub: Jitendra Singh
» PM Modi smarter than Prez Trump, knows how to convince global leaders: Jim Rogers
  Read more....
 Global Business
steel-2.jpg S. Korea to devise response measures to US tariffs on steel this month
IANS | 13 Mar, 2025
Seoul will come up with a response strategy before the end of this month to deal with the United Sta  Read more....
» Korean food exports grow 8 pc annually in past 10 years
» South Korea bats for ‘constructive alternative amid Trump tariff concerns
» EU scrambling to weather US tariff threats
» India, Qatar ink MoUs to strengthen economic ties
» Donald Trump plans to announce auto tariffs on April 2
  Read more....
 Editorials
us-india-tariff-2.jpg New Export Promotion Schemes on the anvil
Bikky Khosla | 13 Mar, 2025
Two developments since our last newsletter give me some hope to salvage the heat of the current glob  Read more....
» Way out for MSMEs amidst ongoing global political uncertainty
» Turning Tariffs into Opportunities: Urgent Need to Embrace Digital Marketing
» Focus on Balancing Trade, Tariffs, and Opportunities in Modi-Trump meet
» Recent Budget and MSMEs: a step forward, but is it enough?
» What MSMEs expect from the forthcoming Union Budget
  Read more....
 
  Customs Exchange Rates
Currency Import Export
US Dollar
84.35
 82.60
UK Pound
 106.35
 102.90
Euro
 92.50
 89.35
Japanese Yen 55.05 53.40
As on 12 Oct, 2024
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