Category: Economy
Rising sulphur prices put fertiliser sector under pressure, threaten higher subsidy burden
The rising sulphur price is proving to be a pressure point for India’s fertiliser sector, raising the production costs of diammonium phosphate (DAP), single super…
Varanasi’s Bhelupur gets Rs 78.26 crore infrastructure push with 17-km sewer, drinking water pipeline
Varanasi (Uttar Pradesh): Projects worth ₹78.26 crore for sewer and drinking water infrastructure, road construction and mini tube wells have been launched in Bhelupur Ward…
India GDP growth forecast: Global agencies see India’s growth ringing louder; raise FY27 GDP forecasts on upbeat demand and investment sentiment
India’s growth outlook received a broad-based upgrade from multiple global institutions, with the Asian Development Bank, Organisation for Economic Co-operation and Development (OECD), S&P Global…
Rupee has scope to stabilise, appreciate: RBI deputy governor Poonam Gupta
Mumbai: The rupee‘s depreciation over the past year and a half could prove temporary, with the currency having a fair chance of stabilising and eventually…
TDS norms eased for buying NRI property
NEW DELHI: The Central Board of Direct Taxes (CBDT) has eased tax deducted at source (TDS) compliance for resident individuals and Hindu undivided families (HUFs)…
Private sector growth hits three-month high
NEW DELHI: India’s private sector growth rose to a three-month high in September supported by stronger activity across both manufacturing and services, even as export…
BRICS tax model needs to reflect reality: FM Nirmala Sitharaman
NEW DELHI: Developing countries’ tax administrations face disproportionate costs from transfer pricing disputes and tax frameworks that do not adequately reflect their economic realities, finance…
Rupee may not just stabilise, but appreciate from current levels: RBI Dy Guv Poonam Gupta
Mumbai: The Reserve Bank of India (RBI) Deputy Governor Poonam Gupta on Wednesday said that there is a fair case for the rupee to not…
IBBI allows liquidators to modify stakeholder list on new information
New Delhi: The Insolvency and Bankruptcy Board of India has allowed liquidators to modify entries in the list of stakeholders when additional information is received…
Budget 2027-28 process begins October 12 with month-long pre-budget meetings
New Delhi: The finance ministry will begin a month-long series of pre-budget meetings from October 12 as part of the preparations for Union Budget 2027-28….