Category: Economy
Forced labour explained: Why India changed its import policy
India has amended its Foreign Trade Policy (FTP) to prohibit the import of goods produced using forced labour, creating a legal framework that allows the…
India-UK FTA comes into force: Industry hails ‘landmark moment’ for bilateral trade
Business and industry groups across India and the UK welcomed the free trade agreement (FTA) coming into force on Wednesday, which is set to unleash…
Not just Lucknow-Kanpur Expressway: Gadkari announces ₹5 lakh cr road push for UP – The Economic Times Video
Uttar Pradesh has received a major infrastructure boost with the inauguration of the 63-km Lucknow-Kanpur Expressway, cutting travel time between the two cities to just…
Piyush Goyal hails India-UK Comprehensive Economic and Trade Agreement coming into force today
The India-UK Comprehensive Economic and Trade Agreement (CETA) and the concurrent Agreement on Social Security have officially entered into force, establishing a new framework for…
US Russia sanctions bill cuts India, China tariff threat from 500% to 100%
The US Senate on Tuesday unveiled a revised Russia sanctions bill that significantly softens its proposed tariff penalties on major buyers of Russian oil, including…
Piyush Goyal holds key meetings with EU, Belgian leaders to deepen trade, clean energy, agriculture cooperation
Brussels: Union Minister of Commerce and Industry Piyush Goyal on Tuesday (local time) held a series of high-level meetings with European Union Commissioners and Belgian…
Wholesale inflation hits record 9.9% in June on fuel, food prices
New Delhi: India’s wholesale inflation rose to a record 9.9% year-on-year in June, driven by an increase in fuel and food prices amid continued impact…
Input tax credit relief for companies on staff cars, insurance likely
New Delhi: Companies may soon be allowed to claim input tax credit (ITC) on vehicles purchased in the company’s name for employees’ use and on…
NEW ISP: 14 of 19 sectors see double-digit growth in April
New Delhi: India’s formal services economy started the new fiscal year on a strong note, with 14 of the 19 sectors covered under the newly…
Rice, oilseed, pulses prices rise as Kharif crop sowing declines
New Delhi: Reduced sowing of key kharif crops is beginning to push up retail prices, signalling fresh inflationary pressure. Inflation has started inching up in…