The United States is expected to restore Hong Kong's special trade status after allowing a Trump-era executive order to expire. If confirmed, the move would reverse a 2020 policy that removed Hong Kong's preferential trade treatment.
The new rates will come into effect from July 18 onwards, and with that the earlier 10% seasonal fare hike on ordinary buses will be withdrawn.
The foreign currency assets include effects of appreciation or depreciation of non-US units, such as the euro, pound, and yen, held in the foreign exchange reserves.
US Senate-backed Russia sanctions bill proposes up to 100% tariffs on major Russian energy buyers, including India. The revised measure targets five nations and may impact India-US trade ties, energy security and ongoing trade negotiations.
India currently has an annual ethanol production capacity of around 2,000 crore litres.
Speaking to NDTV Profit, Nguyen said Indian companies continue to remain largely dependent on the domestic economy, even as there is major emphasis on IT services exports.
The introduction of polymer banknotes will not replace the existing paper currency. Instead, polymer and paper banknotes will coexist.
The Governor said the RBI will continue to "wait and watch" the evolving situation in the Middle East. He added that the monsoon remains a key monitorable for the agriculture sector.
Piyush Goyal outlines the clearest timeline yet for the long-awaited India-EU free trade agreement.
Uruguay is one of the absolute leaders in renewable energy. The country skips the sloganeering, while getting the job done, and fast. Other nations can learn a lot from this journey.
