Category: Economy
Govt clears UP potato buy at Rs 6,500/ton, hikes gram cap in Andhra Pradesh
New Delhi: The Centre has approved the procurement of 20 lakh tonnes of potatoes in Uttar Pradesh at a market intervention price of Rs 6,500.90…
Below-normal monsoon and West Asia conflict cloud India’s agriculture outlook: BoB
The Indian agricultural sector faces a significant period of uncertainty due to a below-normal monsoon forecast and the ongoing conflict in West Asia, threatening to…
Govt strengthens DGFT Norms Committees to speed up export authorisations, cut delays
New Delhi: The Ministry of Commerce and Industry has introduced a set of reforms to improve the functioning of Norms Committees under the Directorate General…
RBI’s oil forex window set to fuel rupee recovery
Mumbai: The Reserve Bank of India has opened an exclusive foreign exchange window for supplying dollars to state-run refiners, easing pressure on the spot exchange…
Strait of Hormuz crisis spotlights ship ‘flagging’ rules as India-flagged vessels face higher compliance burden
As tensions flare in West Asia, the safety of ships transiting the Strait of Hormuz has put spotlight on a little-noticed but crucial detail of…
US Section 301 probe: India textile body TEXPROCIL pushes back on USTR excess capacity allegations
Pune: Industry body TEXPROCIL has submitted its representation to the Office of the United States Trade Representative (USTR) on Sec 301 Investigations on April 15…
ET Graphics: India to become world’s third-largest economy by 2031
India is expected to become the world’s third-largest economy by 2031, according to the latest International Monetary Fund (IMF) data, even as it is projected…
Govt revisits plan to raise wage cap for PF coverage
New Delhi: The labour and employment ministry is revisiting a long-pending proposal to raise the wage ceiling for provident fund coverage, after recent pay increases…
India-China SCO talks focus on trade security, connectivity under first bilateral consultations
New Delhi: India and China held their first bilateral consultations on the Shanghai Cooperation Organisation (SCO) in New Delhi on April 16-17, agreeing to strengthen…
Exporters seek removal of cap on interest subvention
Mumbai: Exporters on Friday urged the government to remove the cap on interest subvention, saying the current level of support is inadequate to cushion the…