Category: Economy
Government amends guidelines for interest subvention support for export credit
New Delhi: The government on Friday amended guidelines for interest subvention support for pre- and post-shipment export credit under Rs 25,060 crore export promotion mission….
Anti dumping duty suggested on spandex, raw material for foam imported from China, Vietnam
New Delhi: The Directorate General of Trade Remedies (DGTR) has recommended anti-dumping duties for five years on imports of spandex or elastane from China and…
Make life easier for taxpayers, use technology to check evasion: FM Sitharaman to IT officers
New Delhi, Finance Minister Nirmala Sitharaman on Friday asked income tax officers to make life easier for assesses and use technology to catch those evading…
New Income Tax Act 2025 to prioritize simplicity and stakeholder engagement, says FM Nirmala Sitharaman
Union Finance Minister Nirmala Sitharaman stated on Friday that the government is moving beyond merely simplifying legislation to actively involving the public in the tax…
Core sector output eased to a three-month low of 2.3% in February
New Delhi: India’s core sector growth slowed to a three-month low of 2.3% year-on-year in February, from 4.7% in January, amid subdued electricity generation and…
Government unveils Rs 20000 crore credit guarantee plan for MFIs
Kolkata: The government on Friday unveiled a Rs 20000-crore credit guarantee scheme for microfinance institutions, meeting a long standing demand. The scheme is aimed at…
Centre classifies key energy data as national security; mandates real-time reporting from oil and gas firms
The Centre has declared crucial energy data a matter of national security and directed all participants in India’s oil and gas ecosystem to submit detailed…
India’s core sector growth slows down to 2.3 per cent in February 2026
Growth of India’s core industries slowed to 2.3 per cent in February driven by crude oil, natural gas and petroleum refinery products, as compared to…
India’s forex reserves fall $7.05 billion to $709.76 billion as of March 13
India’s foreign exchange reserves declined sharply by $7.05 billion to $709.76 billion for the week ending March 13, according to data released by the Reserve…
West Asia conflict to push up pesticide input costs by 20-25%, warns industry body
New Delhi: The ongoing conflict in West Asia is set to significantly raise input costs for India’s crop protection industry by 20-25 per cent, industry…