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In surprise move, RBI raises repo rate by 40 bps to 4.40%

Economy Ziraat Times -
New Delhi, May 4: Reserve Bank's monetary policy committee (MPC) on Wednesday voted unanimously to increase repo rate by 40 basis points (bps) in...

India-UAE Free Trade Agreement comes into effect. Here is what it stipulates

Economy Ziraat Times -
  New Delhi, May 2: The India-UAE Comprehensive Economic Partnership Agreement (CEPA) entered into force on Sunday, with both the sides issuing necessary notifications to...

ED seizes Rs 5,551 cr of Xiaomi funds for FEMA violation

Economy Ziraat Times -
Funds worth over Rs 5,551 crore of Chinese mobile manufacturing company Xiaomi India have been "seized" for violating the Indian foreign exchange law, the...

Indian economy may take 12 yrs to recoup pandemic losses: RBI

Economy Ziraat Times -
The Indian economy may take more than a decade to overcome the losses emanating from the COVID-19 pandemic, said a report published by the...

India to launch open e-commerce network to take on Amazon, Walmart

Economy Ziraat Times -
India will on Friday launch an open network for digital commerce (ONDC) as the government tries to end the dominance of U.S. companies Amazon.com...
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