Category: Economy
Corporate demand resilient amid new opportunities opened up by FTAs, says Ficci chief
India’s corporate sector has entered the current financial year on a firm footing, with demand holding up across most parts of the economy despite inflationary…
ICAR to cap rice, wheat area under crop diversification plan; forms 52 task teams for 2047 roadmap
New Delhi: The Indian Council of Agricultural Research (ICAR) will push for crop diversification under its roadmap for 2047, with the area under rice to…
India-UK trade deal: Luxury cars get cheaper, but your Scotch will have to wait
British carmakers have moved quickly to pass on tariff benefits from the India-UK Comprehensive Economic and Trade Agreement (CETA), which came into effect on Wednesday,…
PM Modi pushes to cut imports to shield India from shocks
Indian Prime Minister Narendra Modi is taking steps to reduce key imports into the economy in order to protect supply chains and ease pressure on…
Maharashtra govt to waive Rs 48,000 crore pending farm power dues: Devendra Fadnavis
Mumbai: Maharashtra Chief Minister Devendra Fadnavis has announced that the state government will waive around Rs 48,000 crore in pending electricity dues of farmers to…
India’s direct tax body notifies Cost Inflation Index for this fiscal year
India‘s direct tax body has notified the Cost Inflation Index (CII), a tool to measure the rise in cost due to inflation, for fiscal year…
India, EU strengthen strategic partnership at 3rd TTC; announce cooperation in AI, semiconductors, clean technologies
Brussels: India and the European Union on Wednesday reaffirmed their commitment to strengthen strategic cooperation in trade, technology and security at the third meeting of…
Cabinet clears Rs 1.9 Lakh crore push for chip, mobile phone manufacturing
New Delhi: The Union Cabinet on Wednesday approved the ₹1.27 lakh crore second phase of the India Semiconductor Mission (ISM) and a new ₹62,500 crore…
Attacks on seafarers hit hiring, raise costs for shipping companies
New Delhi: Attacks on commercial vessels that have claimed the lives of Indian seafarers are hurting recruitment and increasing costs for shipping companies, according to…
Cabinet approves ₹24,000-crore highway projects in Varanasi to ease congestion
New Delhi: The Union Cabinet on Wednesday approved national highway projects worth more than ₹24,000 crore in Varanasi to ease congestion in the temple town….