The Reserve Bank on Wednesday postponed implementation of the second phase of the faster cheque clearance mechanism to provide more time to banks to streamline their operations. Photograph: Francis Mascarenhas/Reuters The second phase of the ‘Continuous Clearing and Settlement on
The insurance industry is trying to get to grips with provisions in the proposed Insurance Amendment Bill, which gives additional powers to the Insurance Regulatory and Development Authority of India (Irdai), while there is ambiguity in the very definition of
Quota-based duty concessions granted by India to New Zealand for apples, kiwifruit, and Manuka honey are linked to the delivery of agriculture productivity action plans committed by the island country under the free trade agreement. Image used for representation purpose
Leasing of retail space in shopping malls and high streets across India’s top eight cities is estimated to rise 15 per cent to nearly 9 million sq ft this year on increased supply amid high demand from retailers, according to
New Zealand has taken a binding commitment under its Free Trade Agreement (FTA) with India to amend its laws within 18 months of the pact’s implementation to facilitate the geographical indication (GI) registration of Indian goods besides wines, and spirits
Overall economic activity continued to hold up in November with demand conditions remaining robust, thanks to strengthening urban demand, but manufacturing and rural demand showed some signs of deceleration even as services remained strong, according to an article on the
‘We operate in an economy that is structurally positioned for long-term growth. As market levels rise over time, our AUM grows in line.’ Illustration: Uttam Ghosh/Rediff India is a market where scalable businesses with lower margins and higher volumes create
India on Monday announced closure of negotiations for a free trade agreement signed with New Zealand, its 18th deal so far as the country aims to boost bilateral trade and investments. The India-New Zealand FTA is expected to be signed
India and New Zealand on Monday announced the conclusion of free trade agreement negotiations, a move aimed at boosting bilateral trade in goods and investments. IMAGE: Prime Minister Narendra Modi with Christopher Luxon, prime minister of New Zealand. Photograph: Adnan
The Union Cabinet’s decision to raise the foreign direct investment (FDI) limit in the insurance sector to 100 per cent is unlikely to significantly boost foreign investment as distribution remains a critical factor, requiring overseas players to partner with Indian
