The scheme is jointly implemented by DGFT and the Reserve Bank of India (RBI) and applies to both pre-shipment and post-shipment export credit in rupees. The interest subvention is benchmarked against repo rates of India and comparable economies.
The Ministry of Statistics & Programme Implementation (MoSPI) launches a new logo and mascot on 1st January 2026. The launch marks a significant milestone in MoSPI's efforts to modernise its institutional identity, enhance public outreach, and reinforce the role of official statistics
The multibillion-rupee project has seen barely five per cent physical progress despite an allocation of Pakistani Rupees (PKR) 23.845 billion in the federal budget, as reported by The Express Tribune.
Congress President Mallikarjun Kharge on Wednesday took a swipe at the Centre, alleging the BJP's failures and "misgovernance" on several fronts in 2025. On New Year's Eve, he wished for the government to provide "good governance" next year.
The Indian rupee, which breached the psychological level of 90 against the US dollar earlier this month, has shown signs of stabilisation, with recent movements indicating that the worst phase of depreciation may be behind, according to a market report by Invesco Mutual Fund.
The Delhi government on Thursday rolled out the Atal Canteen scheme to provide a wholesome meal plate for just 5 rupees to people in the national capital. In the first phase, Atal Canteens have been opened at 45 locations across Delhi.
The year 2025 has been marked by severe challenges for Rawalpindi's health sector in Pakistan, with major public hospitals facing acute shortages of beds, staff and essential medical services despite billions of rupees spent on infrastructure upgrades, The Express Tribune reported.
In a report earlier this month, it forecast more weakness for the Indian rupee. It expects the Indian rupee to appreciate modestly above the 90 level in 2026, targeting 90.80 by the September 2026 quarter.
After a hot-and-cold season with Kolkata Knight Riders (KKR) last year at a price of 23.75 crore rupees, RCB got the Madhya Pradesh all-rounder for Rs seven crores in the Indian Premier League (IPL) mini auction held ahead of next year's season.
Geopolitical developments could also influence prices in the coming months. "Russia and Ukraine are serious about settling down. There are peace talks happening," he said. He also referred to trade discussions, noting, "Between India and the US, tariff talks are going on. If these two subjec
However, the Indian rupee witnessed heightened volatility during the week and appreciated ~1.27% last week after hitting fresh all-time lows of Rs 91.09 against USD on 16th Dec'25, influenced by weak global cues from the US, major central banks policy decisions, ongoing trade negotiations, a
Under the swap arrangement, banks will sell US dollars to the RBI in the near leg and simultaneously agree to buy back the same amount of dollars at the end of the three-year period