New Delhi, Sep 14 — The Commerce Ministry is setting up a new Central Processing Department in the Directorate General of Foreign Trade (DGFT) to roll out a faceless trade facilitation system, with the aim of promoting ease of doing business for exporters and importers.A DGFT office memorandum…
New Delhi, Sep 14 — United Nations human rights chief Volker Turk has called for urgent measures to rein in the development of frontier artificial intelligence, warning that increasingly powerful AI systems pose unprecedented risks and could bring changes whose consequences may last for…
New Delhi, Sep 14 — India and Canada on Monday began their fourth round of talks here for the proposed Comprehensive Economic Partnership Agreement (CEPA) as the two countries aim to seal the deal by the end of this year, a senior official said.The issues that would figure in the five-day talks…
New Delhi, Sep 14 — India is the world’s largest producer of coir and accounts for more than 80 per cent of global coir fibre production, but the industry is also closely linked with women's livelihoods as they account for nearly 80 per cent of those engaged in fibre extraction and spinning. This…
New Delhi, Sep 14 — Oracle has begun a fresh round of layoffs as the software giant looks to reduce payroll costs while simultaneously committing tens of billions of dollars to expand data-centre capacity and meet surging demand for artificial intelligence computing, according to reports.The latest…
New Delhi, Sep 14 — The Opposition Congress took a dig at the government over the increase in inflation based on the wholesale price index (WPI), official figures for which were released on Monday. Congress general secretary in-charge of communications Jairam Ramesh said, “Official data just…
New Delhi, Sep 14 — Brent crude prices surged to around $110 a barrel on Monday, rising nearly 5 per cent after reports that Saudi Arabia’s East-West pipeline could remain out of service for several weeks, intensifying concerns over global oil supplies amid the Iran war.The immediate trigger for…
New Delhi, Sep 14 — India and MERCOSUR signed the first additional protocol to their preferential trade agreement (PTA) to facilitate acceptance of electronic certificates of origin, marking an important step towards facilitating paperless trade and modernising customs procedures between the two…
New Delhi, Sep 14 — Retail inflation rose to 4.82 per cent in August from 4.5 per cent in July, driven primarily by higher food prices, while core inflation also edged up, CareEdge Ratings Chief Economist Rajani Sinha said on Monday, warning that the inflation outlook remains vulnerable to…
New Delhi, Sep 14 — The Reserve Bank of India (RBI) Governor Sanjay Malhotra met Finance Minister Nirmala Sitharaman on Monday amid heightened discussions over the inflation outlook, crude oil prices and the future course of monetary policy.The Finance Minister’s office confirmed the meeting in a…
Seoul, Sep 14 — President Lee Jae Myung and the chief of the Asian Development Bank (ADB) agreed on Monday to enhance cooperation on critical minerals and artificial intelligence (AI), the presidential office said.Lee and ADB President Masato Kanda also discussed ways to deepen ties in energy,…
New Delhi, Sep 14 — The National Highways Authority of India (NHAI) on Monday said it is planning to upgrade its existing 1033 National Highway Helpline with advanced technology to provide faster and better assistance to travellers.According to the Ministry of Road Transport and Highways, the…
New Delhi, Sep 14 — The expansion of India Post Payments Bank and doorstep banking has enabled the postal network to take financial services to villages and households, allowing citizens to access banking facilities closer to their homes, Union Minister of State (Independent Charge) Dr Jitendra…
New Delhi, Sep 14 — The India Cellular and Electronics Association (ICEA) on Monday urged the government to reduce Goods and Services Tax on mobile phones from 18 per cent to 5 per cent and place the proposal before the next meeting of the GST Council.The statement from the industry chamber said…
New Delhi, Sep 14 — The Central government announced the launch of Special Campaign 6.0, to be undertaken from October 2 to 31, 2026 with a special emphasis on “effective collection, segregation and disposal of e-waste”, an official statement said on Monday.During the Special Campaign 5.0, the…
New Delhi, Sep 14 — Pakistan’s economic journey since 1960 highlights how differences in productivity, investment and institutions can transform relatively similar starting positions into vastly different economic outcomes, a report has said. Historical World Bank data showed that the economies of…
New Delhi, Sep 14 — India’s retail inflation, based on the new Consumer Price Index (CPI) series, edged up to 4.82 per cent in August this year compared to the same month of the previous year, according to data released by the Ministry of Statistics on Monday.The commodities that posted the highest…
Seoul, Sep 14 — Prosecutors here on Monday requested arrest warrants for eight current and former executives of domestic petrochemical companies suspected of engaging in price fixing involving several trillion won.The eight include Kim Yoo-shin, chief executive officer (CEO) of OCI, and Jang…
New Delhi, Sep 14 — The United Arab Emirates (UAE) and India are broadening a strategic and economic partnership that serves as "an effective model of cooperation within BRICS," a new report has said.The partnership is built on a foundation of historic ties, shared interests and major projects that…
Mumbai, Sep 14 — The Nifty could climb to 26,200 by December 2026, implying an upside of around 12 per cent from current levels, as Bank of America (BofA) Securities has turned constructive on Indian equities after maintaining a cautious stance for nearly two years.In its latest strategy report,…
Gandhinagar, Sep 14 — Gujarat's capital city, Gandhinagar, will host the first World Circular Economy Forum (WCEF) to be held in South Asia, bringing more than 2,000 stakeholders from over 65 countries to the state to discuss resource efficiency, circular finance, innovation and international…