Economy

Adhana delivered India’s national statement at the 81st Main Session of the Fifth Committee of the UN General Assembly on ‘Improving the financial situation of the United Nations’.

The trade pact also provides for $20 billion in investment from New Zealand over 15 years and excludes sensitive sectors such as dairy and onions.

For the week ended October 9, foreign currency assets, a major component of reserves, decreased by $7.142 billion to $597.605 billion, according to the data released by the Reserve Bank of India.

The country's imports, meanwhile, rose by 8% to $74.61 billion in September.

Rising debt levels and global inflation, partly driven by high energy costs from the Iran war, have pushed interest rates to multi-decade highs, adding to the burdens on the world's poorest nations.

It said it now expects oil prices to be up nearly 41% this year, at an average of $96 a barrel, boosting global inflation to 4.7% in 2026 from 4.1% last year.

The duo bagged the top honour for the study of 'microeconomic foundations of macroeconomic stabilisation'.

The policy seeks to reduce import dependence through domestic mining, washery expansion, asset acquisition, long-term supply arrangements, and AI-based optimisation of coal blends.

Under the new framework, settlement terms will comprise the settlement amount, disgorgement of wrongful gains, wherever applicable, and remedial and regulatory terms(RRT).

Financial expert Nikhil Gopalakrishnan, CEO of Pentad Securities, explains how the changed repo rates affect the common people of this country.

Under the framework, the Credit Risk-o-Meter will be mandatory in offer documents, abridged prospectuses, private placement memorandums, advertisements and OBPPSs

Rajesh Agarwal said the FTA utilisation cell will work closely with industry associations, EPCs and state governments to help businesses tap FTAs and identify new market opportunities.

The forecast has been upped from 6.6% in April, with India's exports likely to provide the main upside to the FY27 growth outlook.