Category: Economy
Piyush Goyal to industry: Pass on full GST rate cut benefits to consumers to boost demand, jobs & growth
Union Minister Piyush Goyal on Monday urged the industry to pass on the full benefits of GST rate cuts to consumers, saying this would boost…
GST Council eases rules on credit notes, relief for FMCG players
The GST Council has given relief to businesses, particularly fast-moving consumer goods companies, by removing the rule that required credit notes to be linked with…
India, EU officials commence next round of trade pact talks
India and the European Union (EU) on Monday started the next round of negotiations for the proposed free trade agreement (FTA), an official said. After…
Ukraine imports Indian-origin diesel fuel after loss of key refinery, analyst says
The loss of Ukrainian oil refineries this summer has forced traders to compensate with imports, purchasing diesel fuel even from India, which imports a significant…
IESA hails GST 2.0, terms it a step forward to meet India’s energy storage needs
Industry body India Energy Storage Alliance (IESA) on Monday hailed the new tax regime under GST 2.0, saying it marks a significant step forward in…
Nepal’s ruling party urges India and China to withdraw Lipulekh trade agreement
Nepal’s ruling CPN-UML has expressed reservations over an agreement between India and China to resume border trade through Lipulekh pass, urging both countries to withdraw…
India, Israel ink bilateral investment treaty
India and Israel signed a bilateral investment treaty (BIT) on Monday to bolster investments between the two countries that stand at about $800 million now,…
Behind the scenes: Sitharaman chaired 3 separate meetings on GSTN preparedness for GST 2.0
To ensure a glitch-free rollout of the next-generation GST with reduced rates and lesser slabs, Finance Minister Nirmala Sitharaman chaired three separate meetings to assess…
Govt exploring alternative export markets to shield farmers from US tariff threats
The government is actively exploring alternative export destinations and import substitution strategies to protect farmers from the impact of US tariffs, D K Yadava, Deputy…
Trump’s tariffs could reduce India’s GDP by 0.5%, says CEA Anantha Nageswaran
US President Donald Trump’s 50% tariffs could reduce India’s Gross Domestic Product (GDP) by half a percent this year, the nation’s Chief Economic Adviser V….