India’s apparel and home textiles trade with the United Kingdom is poised for significant growth, with volumes expected to double over the next five to six years, driven by the recently concluded Free Trade Agreement (FTA) between the two countries, as per a report by credit rating agency ICRA. The FTA is expected to be…
Union Finance Minister Nirmala Sitharaman has chaired a high-level meeting to review the implementation and progress of the government’s financial inclusion schemes on Tuesday, May 13. The meeting focused on a range of initiatives, including Pradhan Mantri Jan Dhan Yojana (PMJDY), Pradhan Mantri Suraksha Bima Yojana (PMSBY), Pradhan Mantri Jeevan Jyoti Bima Yojana (PMJJBY), Atal…
IMF bailouts are funds and finances extended to nations in crisis by the International Monetary Fund (IMF). Detailing a bit about the IMF, its website says that it is a global organization that works to achieve sustainable growth and prosperity for all of its 191 member countries. It does so by supporting economic policies that…
The Reserve Bank of India (RBI) had 879.59 metric tonnes (MT) of gold at the end of March 2025, of which 511.99 metric tonnes were held domestically, the Central Bank informed on Monday. While 348.62 metric tonnes of gold were kept in safe custody with the Bank of England and the Bank for International Settlements…
Finance Minister Nirmala Sitharaman will lead the Indian delegation of officials from the Department of Economic Affairs under Ministry of Finance, to attend the 58th Annual Meeting of the Board of Governors of Asian Development Bank (ADB), scheduled to take place in Milan, Italy, from May 4 to 7. Official delegations of the ADB Board…
A high-level Indian delegation is set to present its SVAMITVA Scheme and Gram Manchitra platform at the World Bank Land Conference 2025, taking place from May 5-8 at the World Bank Headquarters in the US capital of Washington DC, the Panchayati Raj Ministry said in a statement Sunday. Led by Vivek Bharadwaj, Secretary, Ministry of…