Category: Economy
GST panel may consider allowing transfer of unused tax credit within corporate groups
New Delhi: A key panel under the goods and services tax (GST) council is likely to consider suggestions from the industry on transfer of unutilised…
Finance Ministry imposes anti-dumping duty on low ash met coke
New Delhi: The finance ministry has imposed an anti-dumping duty of $42.95 to $128.83 per tonne on import of low ash metallurgical coke. This levy…
Govt approves RBI’s trials of ₹10, ₹20 polymer notes; no plan to replace paper currency
The Centre has approved the Reserve Bank of India’s proposal to introduce polymer banknotes in ₹10 and ₹20 denominations for field trials, but said there…
Centre to release Rs 335 crore to Maharashtra as second instalment under RKVY scheme: Agriculture Minister Shivraj Singh Chouhan
New Delhi: Union Agriculture Minister Shivraj Singh Chouhan on Monday said the Maharashtra government will get the second instalment of Rs 335 crore under the…
No proposal for one-time waiver of loans of small, marginal farmers: MoS Finance
New Delhi: The government has no proposal for a one-time waiver of loans of small and marginal farmers, Parliament was informed on Monday. To provide…
Number of billionaires grows 4-fold in five years to 576 in AY’26: Income tax return data
New Delhi: As many as 576 individuals have reported a gross total income of Rs 100 crore or more in their income tax returns in…
India’s engineering exports climb 21% to $11.48 bn as China demand surges 74%
India engineering exports record strong June growth despite Red Sea and Strait of Hormuz disruptions India’s engineering exports rose 21% year-on-year to $11.48 billion in…
India begins to China-proof its infra push after the TBM shock
The delay in the delivery of German tunnel boring machines (TBMs) from China last year was a reminder that India’s massive infrastructure ambitions remain tied…
Foreign capital inflows hit $32 billion as FCNR(B) deposits break 2013 record
India’s efforts to attract foreign capital have drawn in $32 billion so far, RBI Governor Sanjay Malhotra said in a media interview, with the bulk…
RBI to hold rates through 2026 as growth risks outweigh inflation: Poll of economists
Bengaluru: The Reserve Bank of India will keep its key interest rate unchanged at 5.25% in August and for the rest of the year, according…