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April 3, 2025 7:58 PM April 3, 2025 7:58 PM

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India examining implications of reciprocal tariffs imposed by US

India is carefully examining the implications of reciprocal tariffs imposed by the US. . The Ministry of Commerce and Industry in a statement today said that the Department is engaged with all stakeholders, including Indian industry and exporters, taking feedback of their assessment of the tariffs a...

April 2, 2025 9:04 PM April 2, 2025 9:04 PM

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Poonam Gupta new Deputy Governor of RBI

Ahead of the Reserve Bank’s Monetary Policy Committee meeting scheduled from 7th to 9th of this month, the government has approved the appointment of Poonam Gupta as the new Deputy Governor of the Reserve Bank of India. She will succeed Micheal Debabrata Patra, who demitted office in January this ye...

April 2, 2025 7:38 PM April 2, 2025 7:38 PM

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Oil prices down amid reciprocal tariff to be announced by US

Oil prices fell today as traders braced for reciprocal tariffs that US President Donald Trump is due to announce. Brent Crude was trading over half per cent down at 74 dollars and nine cents per barrel. WTI Crude was also trading almost half per cent down at 70 dollars and 86 cents per barrel, when ...

April 1, 2025 10:11 PM April 1, 2025 10:11 PM

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EPFO empanels 15 more banks expanding direct payments of collection

Employees' Provident Fund Organisation (EPFO) today expanded its Multi-Banking Centralised Collection System by empanelling 15 more banks, bringing the total to 32. Addressing the occasion in New Delhi, Union Minister for Labour and Employment Dr. Mansukh Mandaviya said that the country's progress t...

April 1, 2025 9:41 PM April 1, 2025 9:41 PM

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NITI Aayog develops portal with consolidated sectoral data on State finances

Finance Minister Nirmala Sitharaman today launched the 'NITI NCAER States Economic Forum' portal in New Delhi. The portal has been developed by NITI Aayog in collaboration with the National Council of Applied Economic Research. The portal is a comprehensive repository of data on social, economic, an...

April 1, 2025 7:11 PM April 1, 2025 7:11 PM

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Defence Exports register growth of 12.04 % in FY 2024-25

Defence exports have surged to a record high of over 23,600 crore rupees in the Financial Year (FY) 2024-25, registering a growth of 12.04 percent. The Ministry, in a statement today, said that Defence Public Sector Undertakings (DPSUs) have shown a significant increase of 42.85 percent, with 8,389 ...

March 28, 2025 6:10 PM March 28, 2025 6:10 PM

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RBI increases charges on ATM withdrawal beyond stipulated limit

    The Reserve Bank has permitted banks to increase charges on ATM cash withdrawals beyond the free monthly usage by  2 rupees, raising the fee to 23 rupees per transaction from 1 May. Customers are entitled to five free transactions (inclusive of financial and non-financial transactions) per month...

March 28, 2025 5:26 PM March 28, 2025 5:26 PM

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NITI Aayog launches second edition of “Trade Watch Quarterly”

NITI Aayog Member Arvind Virmani launched the NITI Aayog Trade Watch Quarterly Report in New Delhi today. The quarterly report has been published for the second quarter from July to September of the financial year 2025. The report highlights that India's total trade grew by 5.67 percent in April- Se...

March 27, 2025 10:22 PM March 27, 2025 10:22 PM

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US announces 25 % tariff on imported automobiles & parts

President Donald Trump announced a 25 percent tariff on imported automobiles and parts. It will take effect from April 2, the same day the U.S. launches its new reciprocal tariff system. The tariff will apply to all cars and trucks assembled outside the U.S. and shipped in, affecting about half of a...

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