Category: Economy

GST compensation: West Bengal says Centre owes it over Rs 2,400 crore
Posted in Economy

GST compensation: West Bengal says Centre owes it over Rs 2,400 crore

Kolkata: The West Bengal government has said the Centre owes it Rs 2,409.96 crore as GST compensation, “disagreeing” with Union Finance Minister Nirmala Sitharaman‘s statement…

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Rising interest rates to upset Modi’s Budget math on small savings

India last week proposed a lower-than-expected market borrowing program, as part of a plan that sought to bridge its budget deficit by boosting reliance on…

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India seeks talks before WTO fixes ecommerce rules
Posted in Economy

India seeks talks before WTO fixes ecommerce rules

India has pitched for deeper deliberations to take place before the World Trade Organisation (WTO) defines rules in the ongoing discussions on e-commerce trade. An…

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India can grow at about 7% despite global uncertainty: Former chief economic advisor K V Subramanian
Posted in Economy

India can grow at about 7% despite global uncertainty: Former chief economic advisor K V Subramanian

Monetary policy across the world is guided by flawed monetary theory that puts the cart before the horse, i.e., gets the direction of causality wrong,…

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govt: Govt slashes wheat reserve price to reduce flour price
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govt: Govt slashes wheat reserve price to reduce flour price

To reduce the price of wheat and atta, the Department of Food & PD, in consultation with Ministry of Finance on Friday decided that the…

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Indian Apparel Exporters: Japan offers huge opportunity for Indian apparel exporters: AEPC
Posted in Economy

Indian Apparel Exporters: Japan offers huge opportunity for Indian apparel exporters: AEPC

The decline in exports of apparel items from China to Japan provides a huge opportunity for Indian companies to push their shipments in Tokyo, AEPC…

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DPIIT working on quality control orders for several products: Official
Posted in Economy

DPIIT working on quality control orders for several products: Official

The department for promotion of industry and internal trade (DPIIT) is working on quality control orders for several products, such as lighters, with a view…

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industrial production index: India's industrial production index grows 4.3% in December
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industrial production index: India’s industrial production index grows 4.3% in December

India’s factory output based on the Index of Industrial Production (IIP) grew 4.3 per cent year-on-year in December as against 7.1 per cent in preceding…

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forex reserves: India's forex reserves drop by $1.5 billion to $575.3 billion as on February 3
Posted in Economy

forex reserves: India’s forex reserves drop by $1.5 billion to $575.3 billion as on February 3

India’s foreign exchange reserves fell for the first time in four weeks, dropping to $575.27 billion in the week ended February 3, Reserve Bank of…

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himachal pradesh: ADB approves $130 million loan for promoting horticulture in Himachal Pradesh
Posted in Economy

himachal pradesh: ADB approves $130 million loan for promoting horticulture in Himachal Pradesh

The Asian Development Bank (ADB) has approved a USD 130 million (over Rs 1,072 crore) loan to increase agricultural productivity and promote horticulture agribusinesses to…

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