Category: Economy
GST law panel clears proposal to shield buyers’ input tax credit from supplier defaults
New Delhi: The GST Council‘s law committee Friday cleared a proposal aimed at protecting buyers from losing input tax credit (ITC) if suppliers fail to…
Road map unveiled for availing duty sops on vehicle imports under UK trade deal
New Delhi: India has notified the procedure for importers to seek government approval to avail quota-based duty concessions on imports of passenger cars and goods…
Govt, industry brainstorms on ways to achieve $150 bn exports target for electronics
New Delhi: The government on Friday said deliberations were held with industry stakeholders on achieving the USD 150 billion electronics exports target by 2030. Speaking…
Govt mandates TReDS for CPSE-MSME payments to tackle delayed dues
New Delhi: The government has notified the mandatory use of the Trade Receivables Discounting System (TReDS) by all operating Central Public Sector Enterprises for the…
India’s forex reserves rise $7.26 billion to $674.19 billion in week ended July 3
India’s foreign exchange reserves increased by $7.26 billion to $674.19 billion in the week ended July 3, 2026, according to data released by the Reserve…
Monsoon revival lifts kharif hopes, but experts say El Niño threat is far from over
The southwest monsoon has staged a strong comeback in July after one of its weakest starts in recent years, sharply reducing India’s rainfall deficit and…
India extends anti-dumping duty on seamless tubes, pipes till Jan 2027
New Delhi: India has extended the anti-dumping duty imposed on certain Chinese tubes and pipes till January 27, 2027 to guard domestic makers from cheap…
RBI rate hike: Interest burden for Indians may go up later this year amid inflation risks
New Delhi: The Reserve Bank of India (RBI) is likely to keep policy rates unchanged in the near term, but BofA Securities expects a cumulative…
Critical mineral push calls for board-level focus on communication: Experts
India’s push for self-reliance in critical minerals is reshaping governance priorities for mining and metals companies, with industry experts calling for communication to become an…
Weak monsoon may weigh on rural demand, credit growth in coming months: S&P Global Ratings
Mumbai: A weak southwest monsoon could weigh on India’s rural economy in the coming months by reducing farm incomes, pushing up inflation and slowing rural…