Category: Economy
Lower or nil TDS certificates to go fully online soon, rules being framed
The Income Tax Department is preparing rules to allow taxpayers to electronically apply for lower or nil tax deducted at source (TDS) certificates, Parliament was…
Govt says youth unemployment rate declined to 9.9% in 2025 from 10.9% in 2022
New Delhi: The estimated unemployment rate among youth aged 15-29 years declined to 9.9 per cent in 2025 from 10.9 per cent in 2022, while…
Govt mops up Rs 45,306 cr from disinvestment, asset monetisation in FY26; exceeds RE target
New Delhi: The government’s combined mop-up from disinvestment and asset monetisation stood at Rs 45,306 crore in FY26, exceeding the Revised Estimates, Minister of State…
After a dash for hot dollars, India dives deep for sticky money
A proposal to raise the threshold for foreign direct investment (FDI) projects requiring Cabinet Committee on Economic Affairs approval from Rs 5,000 crore to Rs…
Centre unlikely to dilute strategic sale list despite ministries’ push for review
The Centre is unlikely to dilute its list of public sector enterprises identified for strategic sale despite repeated demands from several ministries to reconsider the…
GeM gross merchandise value surges from Rs 422 crore to over Rs 1.55 lakh crore in a decade: Piyush Goyal
New Delhi: Government e-Marketplace (GeM) recorded a Gross Merchandise Value (GMV) of over Rs 1,55,000 crore, expanding from Rs 422 crore a decade ago, as…
After 50 years, Child Welfare Programme set for makeover
New Delhi: The government plans to revamp its flagship child welfare programme more than five decades after its launch, seeking to upgrade Anganwadi centres, strengthen…
India can diversify exports away from US if 100% tariffs imposed, has $200 bn market in 15 other countries: Economist SP Sharma
New Delhi: India has significant scope to diversify its exports to other countries if the United States imposes tariffs of up to 100 per cent…
Govt considering raising CCEA approval threshold for FDI proposals to Rs 15,000 crore: Sources
New Delhi: The government is considering a proposal to raise the threshold for foreign direct investment proposals requiring approval from the Cabinet Committee on Economic…
Households in India, other Asia-Pacific regions highly vulnerable to El Nino-driven price shocks: S&P
New Delhi: Asia-Pacific economies, like India, Vietnam, Indonesia and the Philippines, are seeing a surge in prices, with households remaining highly vulnerable to further weather-related…