Category: Economy
Centre imposes 10% import duty, 20% additional cess on yellow pea imports ahead of kharif season
The Centre announced on Wednesday a 10% import duty and an additional 20% Agriculture Infrastructure Development Cess (AIDC) on yellow pea imports, to be effective…
US, Singapore accounted for 1/3rd of FDI in FY25: RBI
Mumbai: The US and Singapore together accounted for over one-third of the FDI in India during 2024-25, according to the Reserve Bank’s census on foreign…
Consumption gap seen across UP districts: Report
New Delhi: A few districts in Uttar Pradesh reported a higher monthly per capita consumption expenditure (MPCE) than others in 2022-23, indicating a significant difference…
Half of EU FTA deal wrapped up: Piyush Goyal
New Delhi: India and the European Union (EU) have concluded negotiations on 10 out of 20 chapters of the proposed free trade agreement (FTA), while…
At Rs 1.92 lakh crore, fertiliser subsidy bill for FY26 may be 15% more than BE
New Delhi: India’s fertiliser subsidy bill for the current financial year may go up to ₹1.92 lakh crore, 15% higher than what the government budgeted,…
HCL co-founder Ajai Chowdhry urges adopting “demand aggression” model for Made in India push
Citing the example of the Chinese company Huawei, Indian author Ajai Chowdhry, one of the six founding members of Hindustan Computers Limited, on Wednesday stressed…
India’s soybean meal exports fall by 11% due to high prices
Due to low demand for Indian soybean meal in the international market, the country’s exports of this product fell by 11 per cent to 20.23…
Govt to allocate gold quota under trade pact with UAE through bidding process
The government on Wednesday said the allocations of tariff rate quota (TRQ) for gold under the free trade agreement between India and the UAE will…
RBI’s forex strategy yields better results than IMF approach, says deputy governor Poonam Gupta
The Reserve Bank of India’s (RBI) currency management policy of building up foreign exchange reserves and intervening in the currency market to smoothen volatility may…
Why AI-led layoffs are bad not just for the laid off: Big reality check coming for Indian economy
Mass layoffs have been announced by several mega companies, especially tech giants, in the US, largely due to AI and automation. In India too, some…