Category: Economy
India’s April-September fiscal deficit at Rs 5.73 lakh crore, widens on-year to 36.5% of FY26 aim
India’s fiscal deficit for the first six months of this fiscal year through September stood at 5.73 lakh crore rupees, or 36.5% of annual estimates,…
US’ Golden Gate move signals a likely shift in India strategy
The US has extended its sanctions waiver for India’s operations at Iran’s Chabahar Port, a move that on the surface looks procedural but in reality…
GST collection sparkles despite wholesale cuts; Govt foresees marginal shortfall from budget estimates, upbeat about Oct numbers
New Delhi: India’s goods and services tax (GST) revenues have remained robust even after early September’s sweeping structural rationalisation that slashed rates on 99% of…
China green flag up: 4 Indian cos can import rare earth magnets
New Delhi: China has resumed supplying heavy rare earth magnets to India after six months, providing relief to companies in the electric vehicle, renewable energy,…
Housing index: Rural rent in, staff accommodation out
The housing index in the new inflation series will include rural areas alongside urban centres, but exclude government and employer-provided accommodations as they don’t reflect…
Income Tax Tribunal move to back 22% tax on capital gains sparks row
Mumbai: In a bizarre decision that has spawned surprise and scorn in the tax world, an Income tax (I-T) tribunal, which is a quasi-judicial body,…
Policy push tariff hike on peas may boost pulses sowing in Rabi
New Delhi: Sowing of rabi (winter) pulses-chana and masoor-is expected to pick up after the government’s move to impose 10% import duty and additional 20%…
Amid farmer stir, Maharashtra govt forms committee on farm loan waiver norms
Amidst a stir by the farmers groups seeking a farm loan waiver, the Maharashtra government has formed a committee under MITRA CEO Praveen Pardeshi to…
Engineering goods exports grow in Sep, despite 9.4 pc drop in shipments to US: EEPC
India’s engineering goods exports maintained a growth trajectory for the fourth consecutive month in September, with a 2.93 per cent rise year-on-year to USD 10.11…
Unbacked cryptos have no value, stablecoins risk policy sovereignty: RBI DG
The RBI Deputy Governor said stablecoins could pose a risk to emerging economies like India and do not serve a purpose that cannot be better…