Category: Economy

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On EPFO table: Bank-like transactions, other reforms

New Delhi: The Employees’ Provident Fund Organisation (EPFO) is likely to deliberate next month on the EPFO 3.0 initiative, which is aimed at enabling bank-like…

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India-US partnership: Phone call between PM Modi and Trump seen soon; discussions restart in US next week

NEW DELHI: A series of amicable exchanges between Prime Minister Narendra Modi and US President Donald Trump over the past few days signals an ebbing…

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India-EU trade talks at critical stage amid hurdles, officials tell parliamentary panel

Negotiations for a Free Trade Agreement (FTA) between India and the European Union (EU) are at an advanced but complex stage, with discussions covering issues…

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Fitch raises GDP forecast to 6.9%, says reforms to boost consumption

New Delhi: The GST reform will stimulate consumption and reduce risks to the economic growth outlook as higher US tariffs threaten export demand, Fitch Ratings…

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GST relief: Companies asked to share revised prices of consumer durables, cars with consumers

New Delhi: The Centre has asked businesses to provide tentative price lists of consumer durables, cars, and other products after the Goods and Services Tax…

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GST may limit tariff blow to 30 bps of GDP: Chief economic adviser

New Delhi: Chief economic adviser V Anantha Nageswaran on Wednesday said the goods and services tax (GST) breather announced this month will soften the US…

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India is in “active dialogue” with the US on trade deal: Piyush Goyal

New Delhi: India is in “active dialogue” with the US for a proposed trade deal, commerce and industry minister Piyush Goyal said on Wednesday. He…

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FinMin asks CGST field offices to submit comparative MRP change data post Sep 22

The finance ministry has asked Central GST field officers to submit monthly report of price change in 54 commonly use items, like butter, thermometer and…

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Sweden eyes big expansion in its trade partnership with India

Sweden, India’s close partner in the Nordic region, has hosted the ‘Time for Sweden’ autumn launch event, highlighting the growing trade, investment, and innovation opportunities…

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US tariffs temporary setback for India, will lead to hyperinflation in America, says Raymond chairman Gautam Singhania

Terming the massive shift in trade policies by US President Donald Trump as a “dangerous game”, industrialist Gautam Singhania on Wednesday said the tariffs are…

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