Category: Economy
Russia explores rail link to India to bypass maritime chokepoints
Russia is exploring an ambitious plan to build a rail link to India as a hedge against risks associated with the Strait of Hormuz and…
India’s Russian crude imports hit record for second straight month
New Delhi: India’s imports of Russian crude oil rose to a record for the second consecutive month in July, underscoring the country’s continued reliance on…
India considers curbing use of sugarcane for ethanol to tame record-high sugar market
MUMBAI/NEW DELHI: India is considering restricting the amount of sugarcane used for ethanol in the season beginning October to boost sugar output and try to…
India, South Africa-led SACU group may ink terms of reference for negotiating trade pact on Aug 12
New Delhi: India and South Africa-led SACU group are likely to sign terms of references (ToRs) on August 12 for starting negotiations for a preferential…
Lower or nil TDS certificates to go fully online soon, rules being framed
The Income Tax Department is preparing rules to allow taxpayers to electronically apply for lower or nil tax deducted at source (TDS) certificates, Parliament was…
Govt says youth unemployment rate declined to 9.9% in 2025 from 10.9% in 2022
New Delhi: The estimated unemployment rate among youth aged 15-29 years declined to 9.9 per cent in 2025 from 10.9 per cent in 2022, while…
Govt mops up Rs 45,306 cr from disinvestment, asset monetisation in FY26; exceeds RE target
New Delhi: The government’s combined mop-up from disinvestment and asset monetisation stood at Rs 45,306 crore in FY26, exceeding the Revised Estimates, Minister of State…
After a dash for hot dollars, India dives deep for sticky money
A proposal to raise the threshold for foreign direct investment (FDI) projects requiring Cabinet Committee on Economic Affairs approval from Rs 5,000 crore to Rs…
Centre unlikely to dilute strategic sale list despite ministries’ push for review
The Centre is unlikely to dilute its list of public sector enterprises identified for strategic sale despite repeated demands from several ministries to reconsider the…
GeM gross merchandise value surges from Rs 422 crore to over Rs 1.55 lakh crore in a decade: Piyush Goyal
New Delhi: Government e-Marketplace (GeM) recorded a Gross Merchandise Value (GMV) of over Rs 1,55,000 crore, expanding from Rs 422 crore a decade ago, as…