Category: Economy

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Home cooked meal prices inch up in August as compared to July: Report

Price of a home-cooked meal inched up month-on-month in August, majorly due to a spike in tomato prices, a report said on Monday. The average…

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Fair economic practices imperative as world seeks stable trade: EAM Jaishankar to BRICS amid Trump tariff turmoil

Amid Trump tariff shakeup, External Affairs Minister Dr S Jaishankar while sharing Prime Minister Narendra Modi’s message at BRICS virtual summit said that the ‘world…

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Indian companies can feel secure investing in Israel: Finance Min Smotrich on India-Israel bilateral investment treaty

India and Israel signed a Bilateral Investment Agreement (BIA) on Monday. The treaty was signed by Finance Minister Nirmala Sitharaman and her Israeli counterpart Bezalel…

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India & China should firmly oppose any form of tariff and trade wars: Xu Feihong

China’s Ambassador to India, Xu Feihong believes that the two major developing economies in Asia, India and China should ‘firmly oppose’ any form of tariff…

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India’s unemployment rate is 2%, says Mandaviya citing WEF report

India’s unemployment rate is 2%, which is the lowest among the G20 nations, labour and employment minister Mansukh Mandaviya said on Monday, citing the World…

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Piyush Goyal to industry: Pass on full GST rate cut benefits to consumers to boost demand, jobs & growth

Union Minister Piyush Goyal on Monday urged the industry to pass on the full benefits of GST rate cuts to consumers, saying this would boost…

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GST Council eases rules on credit notes, relief for FMCG players

The GST Council has given relief to businesses, particularly fast-moving consumer goods companies, by removing the rule that required credit notes to be linked with…

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India, EU officials commence next round of trade pact talks

India and the European Union (EU) on Monday started the next round of negotiations for the proposed free trade agreement (FTA), an official said. After…

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Ukraine imports Indian-origin diesel fuel after loss of key refinery, analyst says

The loss of Ukrainian oil refineries this summer has forced traders to compensate with imports, purchasing diesel fuel even from India, which imports a significant…

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IESA hails GST 2.0, terms it a step forward to meet India’s energy storage needs

Industry body India Energy Storage Alliance (IESA) on Monday hailed the new tax regime under GST 2.0, saying it marks a significant step forward in…

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