India-US trade deal: Washington on Tuesday issued a fact sheet outlining the “path forward” for the newly concluded “historic trade deal” with India. The agreement was announced last week after a telephonic conversation between PM Narendra Modi and US President Donald Trump when they agreed on a framework for an Interim Agreement.Under the arrangement, India…
The national president of the Indian Youth Congress, Uday Bhanu Chib, has written to Prime Minister Narendra Modi and external affairs minister S Jaishankar, seeking immediate steps to ensure the safety and well-being of Indian medical students studying in Iran.In the letter, Chib flagged growing concerns around the safety of Indian students amid widespread violence…
India’s foreign exchange reserves declined by $7.052 billion to $709.759 billion in the week ended March 13, according to data released by the Reserve Bank of India (RBI) on Friday.In the preceding reporting week, the country’s overall reserves had dropped by $11.683 billion to $716.81 billion. The reserves had earlier touched an all-time high of…
Morgan Stanley wants its planned spot bitcoin BTC$70,483.40 ETF to trade under the ticker MSBT when it debuts. The investment bank disclosed the ticker in its latest filing with the U.S. Securities and Exchange Commission (SEC), amending its January application for the fund. The filing also revealed key fund details, which include a 10,000-share creation…
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At present, non-resident individuals must file an Indian tax return if their total income exceeds Rs. 2.5 lakh. (AI image) India’s economic footprint extends far beyond its borders. Millions of Indians living abroad continue to hold property, investments, and financial interests back home. Foreign nationals and global investors, too, increasingly engage with Indian businesses. Yet,…
Markets are further dialing back expectations for another interest rate cut this year after the Bureau of Labor Statistics said it won’t release jobs data for October and the November report will be delayed until after the Federal Reserve’s December. Traders on the Chicago Mercantile Exchange (CME) now see just a 33% chance that the…
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BENGALURU: Karnataka govt has suspended online sales of Mysore silk saris after surging orders outstripped supply of the GI-tagged weave made with pure mulberry silk, gold zari and silver threads. State-owned Karnataka Silk Industries Corporation will prioritise limited stocks for buyers visiting its exclusive outlets.Sericulture minister K Venkatesh made the announcement in the assembly on…
Two terrorists affiliated with Pakistan-based Jaish-e-Mohammad were killed in an operation by the Army, police, and CRPF in a forested area of Kishtwar district, Jammu and Kashmir. Prime Minister Narendra Modi inaugurated the Meerut Metro and Namo Bharat RRTS in Meerut, Uttar Pradesh, flagging off the remaining portions of India’s first high-speed RRTS. Eight suspects…
