Indian companies are showing keen interest to invest in Bangladesh’s healthcare, education and energy sectors, with the country’s market size becoming bigger and the connectivity between the two neighbours stronger.

India said on Friday it would defer the imposition of a licensing requirement for imports of laptops, tablets and personal computers by three months - partially reversing the surprise decision it announced a day earlier.

India will provide a transition period of about three months before a new licensing regime for imports of laptops, tablets and personal computers comes into effect, the country's trade regulator said late on Friday.

India is considering cutting or even abolishing a 40 per cent import tax on wheat and lowering a limit on the amount of wheat stocks millers and traders can hold, a government official said on Friday, as part of efforts to boost supplies.

India is considering cutting or even abolishing a 40 percent import tax on wheat and lowering a limit on the amount of wheat stocks millers and traders can hold, a government official said on Friday, as part of efforts to boost supplies.

China’s loss in India could be Elon Musk’s gain.

India’s dominant services sector expanded at its fastest pace in 13 years last month as demand increased significantly despite elevated inflationary pressures, a business survey showed on Thursday.

The Indian rupee declined on Wednesday on risk aversion fuelled by the US credit rating downgrade, putting the currency at risk of slipping below a key level.

India’s edible oil imports in July rose to a record 1.76 million metric tonnes as refiners built up stocks for upcoming festivals given uncertainty over supplies from the Black Sea, five dealers told Reuters.

Transportation of goods from India to Bangladesh via freight trains declined by a large extent last fiscal year, mainly due to a dollar crisis and non-availability of necessary locomotives and staff. 

India’s gold demand in 2023 could fall 10 percent from a year ago to their lowest in three years, as record high prices are dampening retail purchases, the World Gold Council (WGC) said on Tuesday.

Indian rice exporters have been receiving requests from buyers to advance shipments of basmati rice after New Delhi banned exports of non-basmati white rice to dampen local prices, industry officials told Reuters.

India is open to Chinese investment despite border clashes between the two countries, the Deputy Minister for Information Technology Rajeev Chandrasekhar told the Financial Times in a report published on Wednesday.

India’s apple production is expected to nearly halve this year after heavy rains and flash floods wiped out about $122 million worth of fruit in the main producing Himalayan region, officials and farmer unions said.

The recent rise in inflation has prompted Indian investors to push back rate cut expectations by at least a quarter to the middle of 2024, with a sustained rise in prices likely to prompt a further repricing, traders and analysts said on Monday.

India’s economy will grow at a solid pace for the rest of this fiscal year and next but well below its potential rate, according to a Reuters poll of economists who also said the employment situation will improve only slightly.

India’s foreign exchange reserves rose for a third straight week to total $609.02 billion as of July 14, the highest in nearly 15 months, data from the central bank showed on Friday.

Oil prices rose nearly 2 per cent on Friday to record a fourth consecutive weekly gain, buoyed by growing evidence of supply shortages in the coming months and rising tensions between Russia and Ukraine that could further hit supplies.

India yesterday prohibited the export of non-basmati white rice with immediate effect after late seasonal monsoon rains hurt the crop and raised fears of a production shortfall, reports Reuters.

India has an opportunity to cash in on global companies’ efforts to build factories outside China, the new World Bank president said on Wednesday, as firms seek to diversify their supply chains.