- Sunday, March 09, 2025
Here are news in brief related to Indian economy and business for Friday, October 7, 2022: RN Ravi, governor of the southern Indian state of Tamil Nadu, has approved an ordinance to ban online rummy and poker games with stakes in the state, Moneycontrol reported. The move comes a week…
India on Friday (7) expressed concern over the growing number of deaths of Indian prisoners in Pakistani jails and said the western neighbour is "duty-bound" to ensure security of all Indians in its custody and that the incidents of deaths were alarming. In a weekly press briefing, Arindam Bagchi, the…
While India on Friday (7) defended its decision to abstain from voting at the United Nations Human Rights Commission (UNHRC) on the rights situation in Xinjiang in China saying it was in line with the practice of not voting on country-specific resolutions, the opponents of the country's ruling Bharatiya Janata…
The government of India is looking to sell a 60.72 per cent stake in $5.6 billion (£5.03 billion) IDBI Bank and has invited expressions of interest, it said on Friday (7), flagging off a series of planned divestments to diminish the budget deficit, Reuters reported. In 2020, the country's finance…
Car-makers in India have proposed slashing to 30 per cent the tax rate on imported vehicles as part of a trade deal with the UK, Reuters reported citing sources, and the move is deemed to be an unprecedented one that could ease access to one of the protected automobile markets…
It elite Vande Bharat Express which Indian prime minister Narendra Modi flagged off in Gandhinagar in his home state Gujarat on September 30 was involved in yet another incident on Friday (7), a day after it rammed into four buffaloes on the tracks in the western state that damaged its…
India's federal financial crime agency on Friday (7) raided several liquor companies and suppliers and distributors in a money laundering investigation that the party ruling the capital has criticised as politically motivated, media reported. The agency, the Enforcement Directorate (ED), is investigating suspected irregularities in the Aam Aadmi Party (AAP)-led…
There are growing fears here that the proposed India-UK free trade agreement (FTA), currently in its final stages of negotiation towards a Diwali deadline, is likely to be watered down amid controversial remarks by UK home secretary Suella Braverman on visas. The Indian-origin Cabinet minister seems to be poised for…
India's central bank, the Reserve Bank of India (RBI), will soon commence limited pilot launches of a digital rupee for specific use cases, it said in a concept paper which was released on Friday (7). The RBI has been, for some time, exploring the pros and cons of a central…
About 25,000 kilograms (kgs) of drugs, seized as part of a massive drive carried out by the Narcotics Control Bureau (NCB), will be destroyed in the presence of Indian home minister Amit Shah in Guwahati in the north-eastern state of Assam on Saturday (8), officials said. Shah will also chair…
