Economics News

Gold council to aid exports

The Centre has decided to set up a Domestic Council for Gold to aid exports of jewellery and to create an ecosystem to harness the true potential for jewellery making in the country.

posted by Jawwad Kazi 30th Jul 2018

Canada's biggest public pension fund to step up investment in India

Canada’s biggest public pension scheme sees India as its main focus for investment in Asia as the country pours money into infrastructure development.

posted by Jawwad Kazi 20th Jul 2018

Rupee weakens to new closing low of 69.05

The rupee on Thursday plunged by 43 paise and closed below the 69 level for the first time at a historic low of 69.05 as the US currency rose to a one-year high level against global currencies.

posted by Jawwad Kazi 20th Jul 2018

DGTR proposes 25% safeguard duty on solar cells

The Directorate General of Trade Remedies (DGTR), a unit of the commerce ministry has recommended imposing a 25% safeguard duty on solar cells from China and Malaysia.

posted by Jawwad Kazi 18th Jul 2018

India becomes sixth-largest economy

As per the World Bank's updated data for 2017, India has edged past France and snatched the tag of the world's sixth-largest economy from it.

posted by Jawwad Kazi 14th Jul 2018