Category: Economy
Heat stress cost India $9 per tonne of CO2 in lost labour productivity in 2025
Heat stress caused a significant loss to India’s labour productivity in 2025, PTI reported, citing a study. According to a study published in Nature Climate…
EPF wage ceiling hiked to Rs 25,000: How much employees gain and what it costs the government
The government’s decision to raise the provident fund wage ceiling to Rs 25,000 from Rs 15,000 is expected to bring more than 51 lakh additional…
EPFO wage ceiling raised to Rs 25000 per month; over 10 million formal sector workers to benefit
The union cabinet, on Wednesday, gave its go ahead to enhance the wage ceiling under the Employees’ Provident Fund Organisation to Rs 25,000 per month…
UPI MDR above Rs 2,000 to attract 18% GST, merchants can claim input tax credit
The new merchant discount rate (MDR) on UPI payments above Rs 2,000 will attract 18% Goods and Services Tax (GST), but eligible merchants can claim…
From UPI to cash? Retailers warn new MDR could hit small merchants ahead of festive season
New Delhi: The Retailers Association of India (RAI) on Wednesday said the government’s move to impose a 0.4 per cent Merchant Discount Rate (MDR) could…
Tonight’s US Fed rate decision will cast a long shadow over India
The US Federal Reserve is widely expected to raise its policy rate by 25 basis points tonight, taking the target range to 3.75%-4%, after inflation…
India’s $40.8 billion Russian crude imports put it in Trump’s 100% tariff line of fire
India bought $40.8 billion worth of crude oil from Russia in FY2026, accounting for nearly a third of its total crude imports, according to the…
India placed better in economy despite global challenges, says FM Sitharaman
India is in a stronger economic position despite challenges facing the world, Union Finance Minister Nirmala Sitharaman said on Wednesday, while calling for a more…
New Zealand parliament passes ‘once-in-a-generation’ India trade deal, cutting tariffs on most exports
New Zealand’s parliament on Wednesday passed legislation to implement a free trade agreement with India, under which tariffs on about 95% of New Zealand exports…
Leather, footwear exports may hit $5.5 billion as UK, EU trade pacts boost growth: CLE Chairman Juneja
New Delhi: The country’s leather, footwear and accessories exports are expected to grow by over 12 per cent year-on-year to USD 5.5 billion in 2026-27…