Business

India and New Zealand will finalize a Free Trade Agreement on 27 April to take bilateral trade to $5 billion within five years. Indian businesses will find their products like leather goods from Agra duty free. New Zealand businesses will enjoy duty concessions on several items. There are also sensitive products in the agricultural sector…

India is trying to maintain the right balance with China, by increasing exports and reducing reliance on Chinese inputs. The country is trying to build resilient supply chains and enhance its export capability, but is still unable to completely disconnect from China. It is trying to diversify supplies, and reduce the trade deficit.

Indian equity markets experienced a significant downturn, with the top ten most-valued firms losing over Rs 2 lakh crore. Tata Consultancy Services and Reliance Industries bore the brunt of this decline, influenced by geopolitical tensions and weak IT sector commentary. The broader market also saw substantial drops in benchmark indices.

Finance Minister Nirmala Sitharaman on Monday indicated that the government could step in with support measures if the situation demands it, drawing a comparison with the kind of response seen during the pandemic years. Her remarks come at a time when businesses are dealing with an uncertain global environment. While parts of the Indian economy…

RBL Bank’s profit jumped to a higher Rs 230 crore for the quarter. It was up from the same period in last year, while the total earnings have been on a rise for the last three quarters too. Over the last three quarters, we have seen the bank focusing on improving its asset quality as…