Category: Economy
Customs duty waiver likely for SEZ-made drugs sold locally
New Delhi: India is considering waiving customs duty on pharmaceutical products made in special economic zones and sold in the domestic tariff area, a move…
‘India Inc needs to push up capex instead of keeping cash on books’: EAC-PM chairman S Mahendra Dev
India’s Goldilocks period of high growth and low inflation may sustain for some more time despite global uncertainties, EAC-PM chairman S Mahendra Dev told Yogima…
Nudge campaign: 1.5 m+ revised ITRs filed this year
New Delhi: The Central Board of Direct Taxes Tuesday said more than 1.5 million taxpayers have revised their income tax returns (ITRs) for the current…
Delhi plans to bring back EV subsidies to tackle pollution
New Delhi: Electric car and two-wheeler buyers in Delhi may benefit from lower prices, with the state government proposing to subsidise purchases of these eco-friendly…
India avoids ‘questionable’ methods used by other nations to measure growth: CEA V Anantha Nageswaran
New Delhi: India does not use the “questionable methodologies” adopted by some advanced economies to estimate growth, chief economic advisor (CEA) V Anantha Nageswaran said…
Hope to conclude trade talks with US sooner than later: Commerce secretary
New Delhi: Commerce Secretary Rajesh Agrawal on Tuesday said India is actively engaged in trade discussions with the US, and hopes to conclude the talks…
China seeks dispute consultations against India’s solar tariffs, PLI at WTO
New Delhi: China on Monday requested dispute consultations with India at the World Trade Organization (WTO) regarding certain Indian measures on solar cells, solar modules,…
RBI Governor expects ‘long period of low policy rates’ for India
Reserve Bank of India Governor Sanjay Malhotra said India is likely to remain in a prolonged period of low policy rates as long as inflation…
Over 15 lakh revised ITRs filed for current AY: CBDT
New Delhi, Over 15 lakh taxpayers have filed a revised return for the current assessment year 2025-26, the income tax department said on Tuesday. The…
Base Year revision aims to capture digital economy, new data sources: MoSPI Secretary Saurabh Garg
New Delhi: The government is undertaking a revision of the base year for national accounts to better reflect structural changes in the economy, evolving consumption…