Category: Economy
Gold tariff hike boosts grey market, hurts organised trade, says WGC
MUMBAI – India has seen a rise in unofficial gold inflows since the government raised import tariffs on the precious metal earlier this year, widening…
great nicobar projet: On Edge: The Great Nicobar project faces a great engineering question
Standing as a natural sentinel at the western gateway of the Strait of Malacca, Great Nicobar Island anchors India’s proposed mega-project, comprising a greenfield international…
India seeks sunflower oil alternatives on Black Sea disruptions
India, the world’s top sunflower oil buyer, is rushing to secure supplies of alternate vegetable oils as attacks in the Black Sea region disrupt imports…
Fertiliser industry seeks hike in subsidy rate for Kharif season due to rising raw material cost
New Delhi, Fertiliser Association of India (FAI) has sought an increase in the Nutrient Based Subsidy (NBS) rates fixed by the government for the ongoing…
Bharat atta, rice set for market return ahead of festive season
Pune: The government is preparing to restart the sale of the subsidised Bharat Atta and Bharat Rice after a gap of more than a year,…
Accommodation and realty top services growth in May
New Delhi: India’s services sector economy saw a broad-based expansion in May with 16 of 19 tracked sectors posting growth, and eight registering double-digit gains,…
India growth resilient amid global uncertainty, but crude risks linger
New Delhi: The finance ministry on Wednesday said global uncertainties have resurfaced in the wake of the latest escalation of the West Asia conflict, clouding…
Tur importers seek govt nod to expand sourcing network
Pune: Importers urged the Centre to approve additional supplier destinations for sourcing tur or arhar amid concerns over the likely impact of El Nino weather…
India, US trade pact to come into operation once India gets comparative advantage: Piyush Goyal
New Delhi: The first tranche of the bilateral trade agreement between India and the US will come into operation as soon as the United States…
IFSCA working with govt on outbound tax issues: Official
Gandhinagar, Outbound investments from GIFT IFSC remain constrained due to tax-related issues, and the International Financial Services Centres Authority (IFSCA) is working with the government…