Business

May 16, 2023 8:14 AM

Next round of trade talks between India, UK to be held in June

India and the UK will hold their next round of talks for the proposed free trade agreement in next month in New Delhi. Addressing a press conference in New Delhi, Director General of Foreign Trade (DGFT) Santosh Kumar Saranagi said there was a Diwali deadline to conclude the talks last year, but for...

May 12, 2023 7:49 PM

Retail inflation drops 18-month low of 4.70 % in April

Retail inflation, based on the Consumer Price Index (CPI), eased to 4.70 percent in April 2023.   As per the Ministry of Statistics and Programme Implementation data released today, inflation dropped to an 18-month low in April. Consumer Food Price Index (CFPI) fell to 3.84 percent, as compared to 4...

May 11, 2023 8:54 PM

FSDC meeting discusses global financial turmoil and India's economic stability

Finance Minister Nirmala Sitharaman chaired the 27th Meeting of the Financial Stability and Development Council (FSDC) on 8th May 2023. This was the first meeting of the FSDC after the announcement of the Budget 2023-24. The FSDC is the apex body of sectoral regulators, headed by the Union Finance M...

May 11, 2023 6:16 PM

Oil prices bounce back supported by stronger fuel demand data from US

Oil prices bounced back today supported by stronger fuel demand data from the United States, the world's top oil consumer. Prices had dropped by more than a dollar per barrel yesterday. In intra-day trade, Brent crude was trading at 76 dollars and 72 cents a barrel while West Texas Intermed...

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