India and Taiwan on Friday signed a migration and mobility agreement that will facilitate the employment of Indian workers in diverse sectors in the self-ruled island, a move that is seen as reflective of the renewed momentum in the cooperation between the two sides. The memorandum of understanding (MoU) was signed at a virtual ceremony by Director General of the India-Taipei Association (ITA) Manharsinh Laxmanbhai Yadav and Baushuan Ger, the head of the Taipei Economic and Cultural Centre in New Delhi. In order to strengthen the bilateral labour cooperation relations, Taiwan and India have signed an MoU, Taiwan's labour ministry said. Both sides were engaged in discussions over the pact for the last several years. After all the preparatory work is completed, India will be announced as a "new source" country of migrant workers in accordance with the law, the Taiwanese labour ministry said. Taiwan's current source countries for migrant workers are Vietnam, Indonesia, the Philippine

The study is based on 'CHIPS' framework wherein it has scored countries on five pillars - connect, harness, innovate, protect and sustain

Industry body PHDCCI on Friday said it apprehends "severe hit" to trade and industry and loss of employment in the northern states from a lingering farmers' agitation which would result in economic losses of over Rs 500 crore daily. "A lingering agitation will cause Rs 500 crores economic loss daily and will have an impact on Q4 Gross State Domestic Product (GSDP) of northern states majorly Punjab, Haryana and Delhi," said Sanjeev Agrawal, President, PHD Chamber of Commerce and Industry. The industry body looks forward to an early resolution of the issues from both the government and the farmers, with a common consensus for the welfare of all in the country, he added. Agrawal stated that the farmers' agitation is severely impacting the businesses of the Ministry of Micro, Small and Medium Enterprises (MSMEs) in Punjab, Haryana, Delhi and parts of Uttar Pradesh and Rajasthan as raw materials of such units are procured largely from other states to execute production processes and to

The estimate of Rs 76,220 crore is Rs 11,000 crore more than the previously approved amount by the cabinet. The project had been stuck in environmental regulations for the past two years

There is a lot of opportunity for subsidiary units of some of our important companies to come to the market, said Pandey

Chinoy also highlighted the dynamic relationship between the dollar and the rupee

Outbound FDI, expressed as a financial commitment, comprises three components - equity, loans, and guarantees

Goyal expects around $30 billion inflows on the back of the inclusion

Begins assessment of borrowers on ESG norms

The reserves fell by $5.27 billion in the reporting week, their steepest fall in a month, after having risen by a total of $6.36 billion in the prior two weeks

Says global financial institutions tend to accentuate spillovers for developing economies

Karnataka budget 2024: The announcement was made during the 15th budget presentation by Congress Chief Minister Siddaramaiah, who also holds the finance portfolio of the state

The paper also noted that the gap in rural wages between formal salaried workers and casual workers also decreased due to the employment guarantee scheme

India did not receive Sokol oil in December and January, data from trade sources and the ship tracking data shows

India's demographics, strong government-led spending and healthy domestic demand makes it a "favorable destination for investments going forward," he said

Data on the number of farmers isn't comparable as no record was maintained before 2015-16

The RBI has clarified that business credit cards will continue to function as usual

Kerala Finance Minister KN Balagopal on Thursday said there was no "breakthrough" in the meeting between the state officials and Centre over the issues of fiscal federalism. A four-member group, headed by Balagopal, held a meeting with central government officials, including the Union Finance Secretary. The Kerala government has approached the Supreme Court, accusing the Centre of interfering in the exercise of its "exclusive, autonomous and plenary powers" to regulate the state's finances by imposing a ceiling on net borrowing. "There was no positive outcome at today's meeting... there was no breakthrough. We submitted the most feasible options (to the Centre)," Balagopal said at a press briefing in the national capital. The meeting was convened after the Centre on February 13 told the apex court that it is open to discussions with Kerala to resolve the dispute. Apart from Balagopal, other members of the group are Chief Principal Secretary to the Chief Minister KM Abraham, Financ

It will also increase a windfall tax on diesel, that had been reduced to zero, to 1.50 rupees a litre, the order showed

OYO Rooms assures minimum benchmarks, occupancy of hotels and in case such benchmark is exceeded, the service fee is payable by the hotel and in case of shortfall