The bigger strategic shift lies in the agreement’s architecture. (AI image) By Agneshwar Sen, Trade Policy Leader, EY IndiaTrade agreements are usually sold through arithmetic: how many tariff lines fall, how much trade may rise, which sector wins and which sector complains. The India-UK Comprehensive Economic and Trade Agreement (CETA), along with the Double Contribution…
At the global level, Russian crude has served as a stabilising factor for the oil market. (Representative image) Is India facing 100% tariffs from the US for its Russian oil imports? A bipartisan group of US senators on Tuesday introduced a revised bill proposing 100% tariffs on five countries, including India and China, for continuing…
Former Reserve Bank of India (RBI) governor Raghuram Rajan is set to play a role in shaping the future of US monetary policymaking after being appointed by the Federal Reserve to a high-level task force reviewing its policy framework. The appointment is part of five expert panels unveiled by newly appointed Federal reserve chairman Kevin…
July brings a series of bank holidays across India, with closure dates varying by state depending on regional festivals and other occasions. If you are planning to visit a bank branch on Thursday, July 16, it is worth checking the bank holiday calendar first. Banks will remain closed in several parts of the country to…
NEW DELHI: The Union cabinet on Wednesday approved two schemes, with govt support of Rs 1.9 lakh crore, aimed at taking India’s electronics manufacturing ambitions beyond assembly lines into semiconductor fabrication, advanced packaging, materials and homegrown mobile phone brands.The Cabinet cleared Semicon 2.0 with an outlay of Rs 1,27,500 crore and the Mobile Phone Manufacturing…
NEW DELHI: India’s passenger vehicle market clocked its strongest-ever first quarter in April-June, with domestic sales rising 25.9% year-on-year to a record 12.7 lakh units, driven by strong demand for SUVs, lower financing costs and fresh model launches.The record quarter also reshaped pecking order among automakers, with Tata Motors reclaiming the country’s No. 2 position…
File photo: Ficci president Anant Goenka Ficci president Anant Goenka, who is the vice-chairman of the RPG Group, believes that the economic momentum is sustaining, especially after oil prices moderated. He tells TOI that the trade deals are positive and it is now for industry to take advantage of it. Excerpts:What is your assessment of…
NEW DELHI: More than two-third people in India are now covered under at least one social security benefit – roughly translating into 100 crore people – International Labour Organisation (ILO) director general Gilbert F Houngbo said Wednesday.“According to ILO running estimates, India’s social protection system now reaches 100 crore people. This milestone offers lessons that…
UK backs India’s security concerns, says trade deal based on trust NEW DELHI: The landmark India-UK trade deal that came into effect Wednesday reflects real warmth and trust in the relationship along with the ability to discuss issues of importance to both sides, said UK officials. While refraining from commenting on individual cases, diplomatic sources…
A common mistake investors make is replacing mutual funds solely because they underperformed over a short period. (AI image) The author is CEO of PaisabazaarFor many salaried individuals, a new financial year begins with bigger paychecks and bonuses. With higher income, the immediate instinct may be to invest in a new mutual fund scheme, increase…