Business

Auckland: As the Unified Payments Interface (UPI) expands its global footprint, New Zealand is ready to experience the digital payment freedom that comes with India's unique and indigenously developed QR-based system, its Trade and Investment Minister, Todd McClay, said Friday. The minister stressed that New...

New Delhi: Petrol blended with 20 per cent ethanol (E20) can reduce fuel economy by 3-5 per cent in some vehicles, the Oil Ministry said Friday, but argued the impact is outweighed by benefits, including a higher octane rating, superior anti-knock characteristics, faster combustion, better...

New Delhi: The government has waived basic customs duty on goods used in the manufacturing of display assemblies, lithium-ion cells and inductor coil modules as it looks to promote domestic production of electronic devices like smartphones, laptops, wearables and smart TVs. The finance ministry issued...

New Delhi: Food safety regulator FSSAI Thursday said it has issued a notice to alcoholic beverage manufacturers over unauthorised use of added flavours and non-compliance with age-related claims. The notice has been issued for violating the provisions stipulated under the Food Safety and Standards (alcoholic...

Melbourne: Prime Minister Narendra Modi and his Australian counterpart, Anthony Albanese, participated in the Australia-India Annual Leaders' Summit in Melbourne Thursday, during which they held delegation-level talks aimed at strengthening bilateral ties. Australian Foreign Minister Penny Wong, National Security Advisor Ajit Doval and other officials...

Washington: India's economy remains resilient despite the headwinds of higher global oil prices triggered by the Middle East conflict, the International Monetary Fund (IMF) said as it marginally lowered the country's 2026 growth forecast to 6.4 per cent while projecting stronger expansion next year as...

Washington: Fresh from concluding its landmark free trade agreement with the European Union, India is pursuing an ambitious strategy to expand its network of trade agreements across North America, Latin America, Africa and the Gulf, with negotiations already underway or planned with several major economies,...

New Delhi: India and the Maldives have concluded negotiations for a bilateral investment treaty (BIT), and the text is undergoing legal scrubbing before the deal is signed. The two countries are also fast-tracking negotiations for the proposed free trade agreement (FTA). These issues, among others,...

New Delhi: Strengthening collaboration with the Institute of Chartered Accountants of India (ICAI) can play a significant role in supporting India's economic growth and advancing its global trade ambitions, Union Commerce and Industry Minister Piyush Goyal said on Wednesday following a meeting with the institute's...

New Delhi: AAP national convenor Arvind Kejriwal Wednesday wrote to 29 automobile manufacturers, seeking their response on the impact of E20 fuel on vehicle mileage and performance and asked them to reply within seven days. Kejriwal wrote separate letters to Maruti Suzuki India Limited, Toyota...