In continuation of the declining trend that has been observed since June last year, India’s exports and imports continue to shrink across many nations for most items. Details: The imports have declined more than the exports thus narrowing the trade deficit. While the decline in exports was widespread, affecting most of the major …

According to the Agricultural Ministry, India will achieve foodgrain production of 3305.34 Lakh Metric Tonnes (LMT) in the current agricultural year According to the third advance estimates of production of major crops, government is estimating record production of rice, wheat, maize, soybean, rapeseed and mustard, and sugarcane. The total foodgrain production is likely to …

On March 30, the Lahore High Court annulled the offence of ‘sedition’ in the Pakistan Penal code. Embarrassingly, around the same time in India, the police registered a series of complaints in Delhi and in Ahmedabad The detainees were not accused of ‘sedition,’ but were booked for criminal conspiracy to …

As Prime Minister Pushpa Kamal Dahal Prachanda prepares for an official visit to India, the “southern neighbour” maintained silence as fast paced developments in Nepal remain the talk of the town here. The air of caution around Mr. Prachanda’s visit is partly due to the volatile political condition in Nepal …

The Union government on Friday instructed officials in Jammu & Kashmir to scale up efforts for “better utilisation of the country’s rights under the Indus Waters Treaty (IWT)” over the three rivers flowing through the Union Territory. Deputy National Security Adviser Sari Vikram Misri chaired the second meeting of the …

In an important step towards realising India’s ambitious Gaganyaan mission to put an Indian in space, the Indian Navy and the Indian Space Research Organisation (ISRO) released the Gaganyaan Recovery Training Plan at the Water Survival Training Facility (WSTF) at INS Garuda, Kochi. The human flight, after two unmanned flights, …

The Union Food Ministry on Friday countered the Opposition Congress’s allegation that the distribution of fortified rice through fair price shops is being done despite multiple warnings by experts and institutions such as NITI Aayog and the Food Safety and Standards Authority of India (FSSAI). A spokesperson of the Ministry …

SEBI will soon introduce a new light-touch regulatory framework for passively managed mutual funds like exchange traded funds (ETFs) and index funds, which have seen a sharp uptick in assets under management (AUM) in recent years, a member said. “We are going to introduce new mutual fund regulations which we …

After remianing a net purchaser of US dollar for three consecutive years, RBI became the net seller of US dollar in FY2023. RBI sold $25.52 billion on a net basis in the spot foreign exchange market in FY 2023. The rupee came under heavy pressure due to the Russia-Ukraine conflict and interest rate hikes by the …