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Posted in Economy

As rupee dips, I-T steps up vigil on shady outflows

MUMBAI: Amid the state’s moral suasion to discourage gold purchase and destination wedding, India’s tax authorities are dealing with a slew of shady overseas outflows…

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Posted in Economy

Sugar export ban to free up 4-5 lakh tonne for domestic use

Pune: The export ban on sugar amid rising concerns of El Nino is expected to release 4-5 lakh tonnes of sugar, or 1.7% of India’s…

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Sugar stocks fall up to 7% on export ban; analysts see limited long-term impact

Mumbai: Shares of sugar producers fell Thursday after the Centre prohibited exports of the sweetener. However, analysts remain positive on the sector’s medium- to long-term…

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Posted in Economy

India bans sugar exports till September to stabilise domestic prices

New Delhi: India has banned the export of sugar till September 30 as the government seeks to stabilise domestic prices amid tightening supply conditions. The…

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Goyal calls for aligning standards, customs procedures between India and Africa to boost bilateral trade

New Delhi: Commerce and Industry Minister Piyush Goyal on Thursday pitched for aligning standards and customs procedures between India and Africa to boost bilateral trade….

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Posted in Economy

Marginal utilisation of gold quota under UAE trade deal: Official

New Delhi: India’s imports of gems and jewellery from the UAE have risen over FY23-26 but the increase has not been disproportionate in comparison to…

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Posted in Economy

Gold imports under India, UAE FTA quota remain modest: Official

New Delhi: The utilisation of concessional duty quota for gold imports from the UAE under a free trade agreement with India has remained modest, an…

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Govt to explore possibility of PLI scheme for seafood MSMEs

New Delhi: The Fisheries Department will explore the possibility of formulating a production-linked incentive (PLI) scheme for MSMEs in the seafood sector aimed at improving…

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Karnataka to strengthen collaboration with Chile across digital services, startups, talent exchange
Posted in Startups

Karnataka to strengthen collaboration with Chile across digital services, startups, talent exchange

Karnataka plans to strengthen its collaboration across digital services, startups, and talent exchange with Chile, state IT/BT minister Priyank Kharge has said. The minister spoke…

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ECB filings halve to USD 5.43 billion in March: RBI

Mumbai: Foreign borrowing filings by companies and lenders halved to USD 5.43 billion in March amid financial market volatilities following the West Asia conflict, the…

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