Category: Economy
Industry demands PLI to boost agrochemical manufacturing, cut technical imports
The Agro Chem Federation of India (ACFI) has urged the government to introduce a PLI scheme and tax holidays to reduce import dependence for technical…
August inflation above 2% dents hopes of October rate cut: SBI Research
With August inflation slightly above the 2 per cent mark, hopes for a rate cut in October have dimmed, said SBI Research in its latest…
Prices may cool down soon as tax cuts take effect; Inflation expected at 3.1% in FY26: BoB report
Prices of everyday goods and services could start to come down in the coming days, as recent cuts in indirect taxes by the government begin…
Government plans Rs 20,000 crore guarantee fund to boost infra projects
The government plans to set up a Rs 20,000-crore risk guarantee fund for the infrastructure sector to boost investments, people privy to the development said….
India aims for two PSBs on world top 20 list by 2047
NEW DELHI: India will aim to have at least two public sector banks (PSBs) among the world’s top 20 by 2047, aligned with the Viksit…
Retail inflation climbs to 2.1% in August as food prices soar
NEW DELHI: India’s retail inflation accelerated to 2.1% yearon-year in August from an eight-year low of 1.6% in July, as food prices increased, official data…
After cut in GST, CBIC orders price tracking of 54 items
New Delhi: The Central Board of Indirect Customs and Taxes (CBIC) has directed its field formations to track price changes for various commodities before and…
Industry optimistic about growth in auto parts exports despite Trump tariffs
New Delhi: India’s $80 billion auto component industry is expected to face limited long-term impact from the heavy tariffs imposed by the US and Mexico…
Over 120k opium licences to be issued starting Oct
New Delhi: The government will issue more licences for opium cultivation in crop year 2025-26, the finance ministry said Friday while announcing the annual opium…
NHAI working on using solid waste of country for road construction by 2027: Nitin Gadkari
The National Highways Authority of India is working towards segregating solid waste for use in road construction by 2027, Union Minister Nitin Gadkari said on…