Category: Economy
India’s wholesale inflation at multi-year high of 3.88% in March; up from 2.13% in February
India’s wholesale price inflation (WPI) accelerated to over a three-year high of 3.88% in March from 2.13% in February, as per government data released on…
Trump’s tariff rates could be restored by July, says US Treasury Secretary Scott Bessent
President Donald Trump’s tariffs may be restored by July to the levels in place before the Supreme Court struck down many of his levies, US…
Iran war impact: Essential drugs may cost up to 5% more, for now
Mumbai: The Centre is considering a proposal for a temporary 10-15% increase in the prices of select essential medicines to ease cost pressures faced by…
Aatmanirbhar 2.0 in works to cushion India against supply chain, energy Pain
New Delhi: India is redrawing its self-reliance framework to insulate critical supply chains and ensure energy security amid the global economic upheaval that’s been caused…
For FDI, E-comm exports must be in separate cart
New Delhi:India may allow foreign direct investment (FDI) in ecommerce inventory solely for export purposes with stringent safeguards such as separate warehouses to differentiate such…
SEBI seeks CBDT clarity on tax role of authorised representatives of FPIs
Mumbai: India’s capital market regulator has asked the apex tax body to spell out its stand on a vexing question that foreign portfolio investors (FPIs)…
Income Tax Dept tightens disclosure norms under presumptive taxation scheme
New Delhi: The Income-Tax Department is tightening disclosure norms for taxpayers using the presumptive taxation scheme, after detecting cases where reported income did not match…
Infra spend up six-fold since 2014, crosses Rs 12 lakh crore: PM Modi
New Delhi: Infrastructure spending in India has grown six-fold to more than ₹12 lakh crore a year since 2014, compared with less than ₹2 lakh…
Assets monetisation in focus to bridge potential selloff gap
New Delhi: The government is planning to accelerate its asset monetisation programme in this financial year, aiming to boost its resources and make up for…
West Asia conflict: India’s soybean meal exports fall 63%
Indore, India’s soybean meal exports fell nearly 63 percent to 60,000 tonnes in March due to high prices and the conflict in West Asia, a…