Category: Economy
Why India should align with China
A chart that I recently came across shook me to the core. It revealed that China generates 2.5x more electricity than all of US, and…
Businesses get relief as CBIC eases ITC rules
Businesses receiving post-sale discounts in the form of financial or commercial credit notes without tax adjustments do not need to reverse input tax credit (ITC),…
Indian envoy to US discusses bilateral trade ties with US lawmakers
NEW YORK/WASHINGTON: India’s Ambassador to the US Vinay Mohan Kwatra discussed bilateral trade relations with several key American lawmakers and underlined Delhi’s support to efforts…
GST not applicable on post-sale discounts given by manufacturers to dealers
Post-sale discounts given by manufacturers to dealers intended solely for competitive pricing and promoting sales will not be subject to GST, the Central Board of…
Economists lower India inflation forecasts despite August uptick; GST reforms supportive
India’s retail inflation edged up modestly in August, but economists and industry leaders believe the rise is temporary and unlikely to upset the country’s broader…
India, EU committed to work for mutually beneficial trade pact soon: Goyal
India and the European Union are committed to work for a balanced and mutually beneficial free trade agreement soon, Commerce and Industry Minister Piyush Goyal…
India’s headline inflation seen at 3.2% during 2025-26: Crisil
Research and ratings firm Crisil said that the headline inflation during 2025-26 is projected to be 3.2 per cent, lower than its earlier estimate of…
Dollar dominance unlikely to change in near future: Gita Gopinath
Gita Gopinath, former IMF Chief Economist and Deputy Managing Director, now back again at Harvard as a Professor, believes dollar dominance is unlikely to change…
Industry demands PLI to boost agrochemical manufacturing, cut technical imports
The Agro Chem Federation of India (ACFI) has urged the government to introduce a PLI scheme and tax holidays to reduce import dependence for technical…
August inflation above 2% dents hopes of October rate cut: SBI Research
With August inflation slightly above the 2 per cent mark, hopes for a rate cut in October have dimmed, said SBI Research in its latest…