Category: Economy
Crop prices hit three-year high as heat, war stoke supply fears
Crop prices rose to a three-year high as heat waves and escalating attacks in the Black Sea threatened to disrupt global grain trade, reviving risks…
Import curbs for six months on suspension grade PVC resin
New Delhi: The government on Friday restricted the imports of low-priced suspension-grade PVC resin for six months by imposing a minimum import price while exempting…
New 10% levy by US to place India’s apparel exporters at disadvantage
Pune: The 10% tariff that the Trump administration imposed on Indian goods citing concerns over forced labour in supply chains will put the country’s textile…
FM Sitharaman asks I-T Department to separate genuine errors from wilful tax evasion
Finance minister Nirmala Sitharaman on Friday asked the Income Tax Department to adopt a more taxpayer sensitive approach, urging officials to ensure that honest taxpayers…
India’s exports to UK may reach USD 115 bn by 2030 due to trade pact: Assocham
The implementation of the India-UK free trade agreement is expected to boost India’s exports to Britain to USD 115 billion by 2030, industry body Assocham…
Finance minister Nirmala Sitharaman asks I-T officials to ease burden on honest taxpayers
Finance Minister Nirmala Sitharaman on Friday urged Income Tax officials to ensure convenience for honest taxpayers while taking firm action against tax evasion, stressing that…
India-US ‘economic partnership continues’ to grow despite pending trade deal: USISPF CEO Mukesh Aghi
New Delhi: US-India Strategic Partnership Forum (USISPF) President and Chief Executive Officer (CEO) Mukesh Aghi on Friday said that the economic partnership between India and…
India’s forex reserves rise $1.08 billion to $676.237 billion in week ended July 17
India’s foreign exchange reserves increased by $1.08 billion to $676.237 billion in the week ended July 17, according to data released by the Reserve Bank…
Trump’s 10% tariff blow that could work in India’s favour
India’s exporters may face a higher cost burden from the additional 10% Section 301 tariff imposed by the US, but the move could also create…
India, Israel conclude second round of trade pact negotiations
New Delhi: The second round of negotiations for the proposed free trade agreement between India and Israel covering multiple issues such as trade in goods…