Category: Economy
RBI panel on financial stability reviews US tariff impact, financial inclusion efforts
Mumbai: The members of the Financial Stability and Development Council, on Thursday discussed challenges economy would face due to tariffs imposed by the US, simplification…
Tax tweak on coal yields net positive for discoms
The rationalisation of GST on coal from 5% to 18%, along with the removal of the ₹400/tonne compensation cess on the fuel, is expected to…
GST Council clears process reforms for taxpayers
The Goods and Services Tax (GST) Council meeting has approved a host of structural and process reforms for small taxpayers, including launch of auto refund…
FY26 fiscal deficit pegged at 4.4%: Math unlikely to be hit
The Centre is confident of containing its FY26 fiscal deficit at the budgeted level of 4.4% of gross domestic product (GDP) despite potential revenue losses…
GST 2.0: Govt to monitor GST rate cuts to ensure relief reaches common man: Minister
The finance ministry, in coordination with other ministries, will closely monitor the implementation of the reduced goods and services tax (GST) rates to ensure that…
Modi discusses early conclusion of FTA talks with EU leaders
Prime Minister Narendra Modi on Thursday held a joint telephone call with President of the European Council Antonio Costa and President of the European Commission…
India’s diesel shipments to Europe surge 137% in August
India’s diesel exports to Europe surged 137% year-on-year to 242,000 barrels per day (bpd) in August, as buyers braced for the European Union’s ban on…
India looking beyond US for pharma exports amid tariff tensions
NEW DELHI -India is seeking to boost drug exports to semi-regulated markets in Africa, Latin America and Southeast Asia to reduce its dependence on the…
EU trade chief heads to India as deal talks make ‘rapid progress’, New Delhi says
EU trade chief Maros Sefcovic will visit New Delhi next week, as talks on a planned free trade agreement make “rapid progress”, Indian trade minister…
NITI Aayog lays out a blueprint to make India self-sufficient in pulses
NITI Aayog has proposed adoption of a multifaceted strategy focusing on value addition and reducing post-harvest losses in pulses, expanding the area under pulse cultivation…