Category: Economy
China green flag up: 4 Indian cos can import rare earth magnets
New Delhi: China has resumed supplying heavy rare earth magnets to India after six months, providing relief to companies in the electric vehicle, renewable energy,…
Housing index: Rural rent in, staff accommodation out
The housing index in the new inflation series will include rural areas alongside urban centres, but exclude government and employer-provided accommodations as they don’t reflect…
Income Tax Tribunal move to back 22% tax on capital gains sparks row
Mumbai: In a bizarre decision that has spawned surprise and scorn in the tax world, an Income tax (I-T) tribunal, which is a quasi-judicial body,…
Policy push tariff hike on peas may boost pulses sowing in Rabi
New Delhi: Sowing of rabi (winter) pulses-chana and masoor-is expected to pick up after the government’s move to impose 10% import duty and additional 20%…
Amid farmer stir, Maharashtra govt forms committee on farm loan waiver norms
Amidst a stir by the farmers groups seeking a farm loan waiver, the Maharashtra government has formed a committee under MITRA CEO Praveen Pardeshi to…
Engineering goods exports grow in Sep, despite 9.4 pc drop in shipments to US: EEPC
India’s engineering goods exports maintained a growth trajectory for the fourth consecutive month in September, with a 2.93 per cent rise year-on-year to USD 10.11…
Unbacked cryptos have no value, stablecoins risk policy sovereignty: RBI DG
The RBI Deputy Governor said stablecoins could pose a risk to emerging economies like India and do not serve a purpose that cannot be better…
Agriculture must double to $1 trillion for India’s $10-trillion dream: Experts
New Delhi: India’s agriculture sector needs to double its economic contribution to nearly USD 1 trillion from about USD 450 billion to help the country…
RBI wants rupee internationalisation to support developed economy goal
The internationalisation of the Indian Rupees has already commenced with exporters invoicing in the local currency and it is likely to see a surge in…
NHAI saves over Rs 2,000 crore in toll collection charges
The National Highways Authority of India (NHAI) has saved Rs 2062 crore in toll collection charges which have reduced to Rs 2674 crore in 2024-25…