Category: Economy
India scrapping tax for foreign investors in govt bonds aimed at inclusion in Bloomberg index, govt official says
NEW DELHI: The Indian government decision to scrap capital gains tax on foreign portfolio investments in government securities is aimed at helping India’s inclusion in…
India’s gold tariff hike fuels smuggling revival, squeezes banks and refiners
India’s sharp increase in gold import tariffs is fuelling a resurgence in smuggling that could exceed 100 metric tons this year, as soaring grey market…
Govt publishes rules for setting up of coal exchanges
New Delhi: The government on Tuesday said it has published rules for setting up coal exchanges, a move aimed at bringing transparency and efficiency to…
Assam CM Himanta Biswa Sarma meets ‘Team Europe’ delegation to boost trade, investment linkages
Guwahati: Assam Chief Minister Himanta Biswa Sarma attended a meeting with ‘Team Europe,’ the high-level European Union (EU) delegation, including EU Ambassador to India, Herve…
Despite geopolitical crisis, India’s economic fundamentals and strategic partnerships will sustain growth: World Bank
Ahmedabad: India has a strong foundation for economic growth and is expected to maintain robust growth momentum in the coming years despite global uncertainties, said…
Chenani-Nashri’s two-lane tube tunnel gets green light: Union Minister Jitendra Singh
Jammu: Union minister Jitendra Singh on Tuesday announced that a proposal to construct a new two-lane tube tunnel parallel to the existing Dr Syama Prasad…
Indian employers turn cautious for July-September quarter amid global uncertainties: Report
New Delhi, Corporate India is expected to scale back hiring plans in the July-September quarter of this year, signaling a slowdown in hiring momentum, as…
India’s biggest trade bet comes with six red flags
India’s free trade agreement playbook is expanding rapidly, but a new report suggests the results are becoming harder to celebrate. As New Delhi pursues trade…
Fitch cuts FY27 growth projection to 6.4%; US-Iran war to slow down economy
New Delhi: Fitch Ratings on Tuesday lowered its GDP growth projections for the current fiscal to 6.4 per cent from the earlier estimate of 6.7…
Indian Envoy Vinay Kwatra meets US corporate and tech leaders to boost AI and supply chain ties
Washington DC: India’s Ambassador to the US, Vinay Mohan Kwatra, held a series of high-level engagements with top corporate and technology leaders to discuss investment…