Category: Economy
Customs portal aims to curb divergent assessment practices
New Delhi: The Central Board of Indirect Taxes and Customs (CBIC) has launched a common digital repository of customs assessment decisions, rulings and advisories, giving…
New FTAs open big export gains across key sectors
New Delhi: Eight new free trade agreements (FTAs) signed in the last five years have opened up duty-free market access of $982 billion in electronics,…
RBI turns to 30-day VRRR to absorb excess liquidity
Kolkata: The Reserve Bank of India will hold a 30-day variable rate reverse repo (VRRR) auction Monday with a target to suck out Rs 7…
Maharashtra pitches for Belgium investments
Mumbai: Maharashtra chief minister Devendra Fadnavis hss made a strong pitch for Belgian investments into Maharashtra as it seeks to take advantage of the free…
Belgian PM De Wever pitches lower, zero tariffs to boost India-EU trade
Mumbai: Belgian Prime Minister Bart De Wever on Friday called for further cuts in import duties on goods traded between India and the European Union,…
RBI mops up Rs 6.02 lakh crore through VRRR auctions against Rs 8.5 lakh crore intent
Kolkata: The Reserve Bank of India is facing challenges in sucking out the excess liquidity from the inter-bank market with the three-day variable rate reverse…
India’s forex reserves rise by $11.47 billion to hit record high of $740.80 billion as of August 28
India’s foreign exchange reserves increased by $11.47 billion to $740.80 billion in the week ended August 28, according to data released by the Reserve Bank…
CBIC eases documentation norms under Eligible Manufacturer Importer scheme
New Delhi: The Central Board of Indirect Taxes and Customs (CBIC) has “substantially reduced” the data and documentation requirements for businesses that opt for the…
Government urges industry to spearhead ₹60,000 cr PM-SETU plan for energy transformation
The government is urging industry leaders to drive a major overhaul of national vocational training through the PM-SETU (Pradhan Mantri Skilling and Employability Transformation through…
El Nino to persist through February 2027: What it means for India
New Delhi: The prevailing El Nino conditions over the equatorial Pacific are most likely to intensify into a very strong event in the coming months…