Category: Economy
India grants temporary customs duty relief for SEZ goods sold domestically
India will grant a temporary customs duty relief for goods manufactured in special economic zones and sold in the domestic market, according to a government…
Courier export cap removed to boost ecomm shipments, cut logistics delays
New Delhi: The government on Tuesday removed the long-standing cap on courier export consignments and introduced a faster return mechanism for cross-border parcels to boost…
New income-tax act takes effect today
New Delhi: The new Income-tax Act and budgetary provisions, including higher STT on speculative F&O trades, lower TCS on overseas tour packages and liberalised remittance…
Centre plans sweeping reforms as West Asia war jolts supply chains
New Delhi: The government is drawing up a comprehensive reform road map amid the West Asia conflict, seeking to build on measures already under way,…
Vegetable prices crash up to 80% since January, deepening farm distress
Pune|Kolkata: Vegetable prices have plunged since January, worsening farm distress even as consumers get relief. Potatoes are down 40%, onions 50% and tomatoes up to…
RBI’s net short position rises to $77 billion in Feb as it defends rupee
Mumbai: The Reserve Bank of India’s (RBI) net short position stood at $77 billion in February, versus $67 billion in the previous month, as the…
Japan to create special cell to push FDI into India
In a unique move to push investments into India the Japanese Foreign Ministry will create a new centre on Wednesday to assist Japanese companies looking…
US tariffs drag India apparel export growth to modest 1.5%: ICRA
India’s apparel exports grew by a modest 1.5% year-on-year in dollar terms during the period April to December of FY2026, as tariffs imposed by the…
Services, remittances boost India’s invisible inflows to $464 billion in FY26
Kolkata: India’s inward receipts from international trade in services, incomes and remittances climbed 56% to $464 billion in the first nine month of FY26, helping…
Govt notifies Finance Act 2026 that changes tax provisions from April 1
New Delhi: The government has notified the Finance Act 2026, paving way for effecting changes in tax provisions. This Act gives effect to financial proposals…