Category: Economy
India-US meet to resolve final ‘commas and full stops’ of bilateral trade pact
Chief negotiators from India and the United States are set to resume trade talks on Tuesday to finalise what Commerce Minister Piyush Goyal said, the…
India-Oman CEPA kicks in – The Economic Times
New Delhi: The India-Oman Comprehensive Economic Partnership Agreement (CEPA), which came into effect Monday, will benefit domestic exporters of textiles, leather, plastics, marine products, automobiles,…
Cotton prices down 3% on import duty suspension, may slide more
Pune: India’s decision to suspend 11% import duty on cotton until October has triggered an immediate reversal in the fibre’s rally, with cotton bale and…
GST collections rise 3.2% to ₹1.94 lakh crore in May; import-led revenues drive growth
New Delhi: India’s gross Goods and Services Tax (GST) collections rose 3.2% year-on-year to ₹1.94 lakh crore in May 2026, reflecting a steady growth, official…
Manufacturing activity at 3-month high in May despite cost woes
New Delhi: India’s manufacturing sector activity growth rose to a three-month high in May, on sustained demand, infrastructure projects and new business gains, even as…
India meets FY26 fiscal deficit goal at 4.4% of GDP despite revenue and global pressures
New Delhi: The central government contained its FY26 fiscal deficit at the budgeted target of 4.4% of gross domestic product (GDP), despite a downward revision…
India industrial output grows 4.9% in April as new IIP series shows manufacturing-led recovery
New Delhi: India’s industrial output grew 4.9% on-year in April, the first print of a new Index of Industrial Production (IIP) series that has 2022-23…
Chinese Wall may stem India tech flows for electronics and automobile
New Delhi: China’s new rules, empowering the government to regulate and prohibit technology transfers, cross-border movement of technical talent and overseas transactions involving asset transfers…
CBDT tells tax officers to tighten scrutiny of unexplained income, assets
New Delhi: The Central Board of Direct Taxes (CBDT) has instructed assessing officers to exercise greater diligence and consistency in invoking anti-evasion provisions relating to…
India-Oman trade pact eases hiring of Indian workers by domestic investors in Muscat
New Delhi: Indian firms investing in Oman can hire Indian workers over and above the local employment requirements mandated by the Omani government under the…