Category: Economy
After cut in GST, CBIC orders price tracking of 54 items
New Delhi: The Central Board of Indirect Customs and Taxes (CBIC) has directed its field formations to track price changes for various commodities before and…
Industry optimistic about growth in auto parts exports despite Trump tariffs
New Delhi: India’s $80 billion auto component industry is expected to face limited long-term impact from the heavy tariffs imposed by the US and Mexico…
Over 120k opium licences to be issued starting Oct
New Delhi: The government will issue more licences for opium cultivation in crop year 2025-26, the finance ministry said Friday while announcing the annual opium…
NHAI working on using solid waste of country for road construction by 2027: Nitin Gadkari
The National Highways Authority of India is working towards segregating solid waste for use in road construction by 2027, Union Minister Nitin Gadkari said on…
FinMin for creation of two globally competitive banks as part of Viksit Bharat vision
India aims to establish two globally competitive banks, with assets that would rank them among the top 20 lenders in the world as part of…
US Treasury calls on G7, EU to impose tariffs on China, India over Russian oil purchases
The U.S. Treasury on Friday called on Group of Seven and European Union allies to impose “meaningful tariffs” on goods from China and India to…
Sona Comstar CEO urges government to engage China on rare earth magnet export controls
Vivek Vikram Singh, Managing Director and Group CEO of Sona Comstar, has urged the government to hold discussions with China to address the supply constraints…
India, EU looking forward to win-win FTA, says Piyush Goyal
Commerce and industry minister Piyush Goyal said India and the European Union are looking forward to a robust, fair, equitable, balanced and a mutually beneficial…
India, EU trade pact to help promote trade in auto sector: EU Trade Commissioner Sefcovic
EU Trade Commissioner Maros Sefcovic on Friday said that the proposed trade pact with India will facilitate two-way trade through tariff liberalisation across all automobile…
India’s forex reserves up by $4.03 billion to $698.26 billion in week ending Sept 5
India’s forex reserves were up by $4.03 billion to $698.2 6billion in week ending September 5, according to the data released by the Reserve Bank…