Category: Economy
Indirect tax mop-up tops FY26 target, but pan masala cess misses the mark
New Delhi: The government has marginally exceeded its indirect tax collection target for 2025–26, buoyed by steady inflows from customs, excise and GST, even as…
Road ministry to compensate for price hike and volatility in commodity prices to contractors
New Delhi: The ministry of road transport and highways have relaxed the payment mechanism for highway contractors and reduced the price adjustment mechanism from three…
One battle after another: How India fared in the year of Trump tariffs
When US President Donald Trump declared April 2, 2025 as “Liberation Day” for American trade policy, few countries felt the tremors as immediately, and as…
India factory activity cooled in March with oil costs rising amid Middle East turmoil: PMI
Bengaluru: India’s manufacturing sector grew at its slowest pace in nearly four years in March as the war in the Middle East stoked uncertainty, disrupted…
Iran War: Fertiliser, agri-input stress emerges; Kharif outlook hinges on policy, farmer choices
The ongoing war involving the US, Israel, and Iran is producing far-reaching global repercussions, including supply chain disruptions, rising inflation, surging oil prices, and market…
Centre pushes states on fertiliser black-marketing, MSP procurement; 9.25 crore farmer IDs created
Union Agriculture Minister Shivraj Singh Chouhan on Wednesday chaired a virtual meeting with state agriculture ministers, flagging gaps in farmer registration, fertiliser distribution, and pulse…
Centre pushes states on fertiliser black-marketing, MSP procurement; 9.25 cr farmer IDs created
New Delhi, Union Agriculture Minister Shivraj Singh Chouhan on Wednesday chaired a virtual meeting with state agriculture ministers, flagging gaps in farmer registration, fertiliser distribution,…
India exempts some chemicals from import duty
India has exempted a wide range of chemicals from import duty for about three months, according to a government notice dated Wednesday. The exemptions, effective…
India’s economy puts up brave front as GST, auto sales and UPI payments surge despite Gulf war
New Delhi: High-frequency indicators released at the end of the fiscal year signalled that India’s economy has stayed resilient despite disruptions stemming from the Gulf…
GAAR shadow over payments abroad worries India Inc
India Inc is awaiting the government to clear the fog on invocation of the General Anti-Avoidance Rules (GAAR), which deters aggressive tax planning, on a…