Category: Economy
Quad agenda set in motion: India, Japan align on Indo-Pacific strategy ahead of key meet
New Delhi: Japanese Foreign Minsiter Toshimitsu Motegi‘s visit to India saw discussions held on deepening the bilateral ties and enhancing cooperation on several international issues….
Piyush Goyal says India, Canada aim to seal CEPA by year-end; target $50 billion trade by 2030
Union Commerce and Industry Minister Piyush Goyal on Monday said India and Canada are working to conclude negotiations for the proposed Comprehensive Economic Partnership Agreement…
India’s fertilizer subsidy may cross ₹3 lakh crore if West Asia crisis prolongs
New Delhi: India’s fertiliser subsidy could cross a record Rs 3 lakh crore this fiscal if the West Asia crisis persists, overshooting the budgetary allocation…
India to revamp IIP with new base year, wider coverage from June 1
New Delhi: India will release a revamped Index of Industrial Production (IIP) on June 1, updating the base year to 2022-23 and expanding coverage to…
Big infra projects clock Rs 5.6 lakh crore cost overrun
New Delhi: Infrastructure projects worth ₹150 crore or higher recorded a cumulative cost overrun of ₹5.6 lakh crore as of April, according to a monthly…
RBI unlikely to hike rates soon despite inflation risk, rate action only in Dec if needed: Icra’s Aditi Nayar
Mumbai: The Reserve Bank of India (RBI) is unlikely to rush into monetary tightening despite mounting inflation risks from higher fuel prices and monsoon uncertainty,…
India emerges as Sri Lanka’s second-largest export destination
Colombo: India has surpassed the UK to emerge as Sri Lanka’s second-largest export market in January-April this year, the Export Development Board said here today….
SC rules exxsol hexane a pure hydrocarbon, duty cut to 2.5%
The Supreme Court on Monday held that exxsol hexane, imported by companies including Reliance Industries (RIL), will be treated as a pure hydrocarbon, thus will…
Government forwent Rs 1 lakh crore via excise duty cuts to shield consumers from fuel inflation: FM
Mumbai: Finance Minister Nirmala Sitharaman on Monday said the government had foregone more than Rs 1 lakh crore annually in tax revenues through excise duty…
FM Sitharaman says Government open to hear investor concerns on LTCG, STCG taxation
New Delhi: Union Finance Minister Nirmala Sitharaman on Monday said the government is willing to listen to concerns raised by stock market investors regarding the…