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Posted in Economy

Government moves closer to restoring MDR on UPI merchant payments

New Delhi: The government on Tuesday introduced amendments to the Payment and Settlement Systems Act in Parliament, moving closer to restoring merchant discount rates (MDR)…

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Sugar prices surge 17% in a month, mills expect more government curbs
Posted in Economy

Sugar prices surge 17% in a month, mills expect more government curbs

Pune: India’s sugar industry expects the government to implement additional measures to control rising prices of the sweetener. Prices increased 4.3% in the past week…

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Govt unveils tax overhaul to woo global investors, boost manufacturing

New Delhi: Finance minister Nirmala Sitharaman has introduced a Bill to amend India’s tax laws to attract more foreign investment, support electronics manufacturing, encourage investment…

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Govt weighs PLI 2.0 with sharper focus on high-performing sectors

New Delhi: India is targeting the second phase of its production-linked incentive (PLI) programme that will focus on giving additional support to high-performing sectors, while…

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Posted in Economy

Despite swadeshi push, anti-dumping duties against Chinese firms crawl

New Delhi: Slow implementation of anti-dumping duties against China even after decisions of the Directorate General of Trade Remedies (DGTR) seems to be hurting domestic…

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Posted in Economy

India, US working towards interim trade agreement: MEA

New Delhi: India and the US are working towards an interim trade agreement, with a few issues requiring finalisation, the Ministry of External Affairs (MEA)…

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S&P 500 hits a new intraday record as US stocks rise (Photo by Michael M. Santiago / GETTY IMAGES NORTH AMERICA / Getty Images via AFP) (Getty Images via AFP)
Posted in Business

The S&P 500 is hitting record highs again. Here’s what’s driving the rally

US stocks jumped on Tuesday morning, with the S&P 500 moving to a new intraday record as investors reacted to company earnings, changing views on…

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Posted in Economy

India’s private consumption projected to reach $1.9 trillion by 2030: FICCI-Deloitte report

India’s private consumption is projected to touch nearly $1.9 trillion by 2030, driven by rising disposable incomes, rapid urbanisation, a growing middle class, deeper internet…

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Piyush Goyal likely to visit US for G20 trade ministers meet next month

New Delhi: Commerce and Industry Minister Piyush Goyal is expected to visit the United States at the end of September this year for the G-20…

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Posted in Economy

FISME seeks GST overhaul to ease MSME compliance

Ahead of the Goods and Services Tax (GST) completing a decade next year, the Federation of Indian Micro and Small & Medium Enterprises (FISME) has…

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