Category: Economy
Eligible manufacturer-importers to get duty deferment facility from March
New Delhi: The revenue department will roll out the 30-day duty deferral facility for eligible manufacturer-importers from next month, which will help such importers to…
PM Modi visits Israeli tech innovation exhibition, invites firms to invest in India
Jerusalem: Prime Minister Narendra Modi has invited Israeli technology companies to invest in India and partner with Indian youth as he visited an exhibition here…
RBI’s additional liquidity support to wind down after March, bankers say
MUMBAI: The Indian central bank’s additional liquidity support to lenders, which has pushed overnight rates towards the floor of the policy rate corridor in a…
From freeze to thaw: India-Canada relations hit reset button with Carney’s visit
A diplomatic freeze that once shaped India-Canada ties now appears to be giving way to a carefully calibrated thaw, as Canadian Prime Minister Mark Carney…
Saudi Arabia bans poultry, egg imports from 40 countries, including India; partial curbs on 16 nations
Dubai: Saudi Arabia’s Food and Drug Authority (SFDA) has imposed a full ban on poultry and table egg imports from 40 countries, including India and…
Carbon tax remains intact in India-EU FTA; technical talks to address concerns: German official
New Delhi, The European Union’s Carbon Border Adjustment Mechanism (CBAM) will not see any exceptions despite the concluded India-EU Free Trade Agreement (FTA), but both…
US’ 126% levy eclipses key market for Indian solar gear companies
New Delhi: The US announced a preliminary countervailing duty (CVD) of 125.87% on Indian solar cells and modules that’s expected to further limit exports to…
Fertiliser industry may soon see an end to inspector raj
The government is drafting changes to streamline approvals, decriminalise minor breaches and rationalise penalties in the fertiliser industry, officials familiar with the matter said, as…
Q3 growth seen above 7%: Festive demand lifts economy, but revisions loom
The Indian economy is expected to have grown 7.4% in the December quarter from the year before, with estimates ranging from 7% to 8.7%, according…
Commerce minister Piyush Goyal says India has concluded nine free trade agreements covering 38 nations
Mumbai: India has concluded nine free trade agreements (FTAs), covering 38 nations, enabling the country’s shipments to get preferential access to nearly two-thirds of global…