Business

Against the backdrop of shifting geopolitical currents and rapidly evolving global trade dynamics, the Indian Institute of Foreign Trade (IIFT) hosted a conclave at its Delhi campus, centred on the theme "India in the New Economic Order: Adapting to Macroeconomic Uncertainties and Global Trade Shocks."

The Reserve Bank of India (RBI) has done its best to ensure monetary policy continues to support India's economic growth and it is now time for the markets to show maturity and remain non exuberant, SBI Research said in a report, as the central bank in an unprecedented move reduced repo rate when both GDP and inflation are congenial.

According to the company's release, Reliance Communications has been undergoing the Corporate Insolvency Resolution Process (CIRP) and is currently managed entirely by the Resolution Professional, under the supervision of the NCLT and its Committee of Creditors (CoC), led by the State Bank of India (SBI), along with a consortium of banks and lenders.

The Urban Consumer Confidence Survey and Rural Consumer Confidence Survey by the Reserve Bank of India (RBI), offered a broad picture of how people across the country viewed their economic situation.

India has the potential to raise its merchandise exports to Russia from about USD 5 billion to nearly USD 35 billion by 2030, according to a GTRI report, as President Vladimir Putin's visit to Delhi places renewed focus on narrowing the wide trade gap between the two countries.

The Federation of Indian Export Organisations (FIEO) has welcomed the Joint Statement issued following the 23rd India-Russia Annual Summit, describing it as a major step forward in strengthening trade, economic, technological, and connectivity partnerships between the two nations.