Category: Economy

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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…

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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…

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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…

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India’s farm policy needs a reset amid concerns over ethanol push, subsidies: Agri expert Devinder Sharma

Agriculture policy analyst Devinder Sharma has called for a fundamental rethink of India’s farm policy, arguing that food security, farmer incomes, and ecological sustainability should…

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RBI may raise repo rate to 5.75-6% in H2 FY27, rate hike cycle likely from December: UBI

The Reserve Bank of India (RBI) could raise the repo rate to 5.75-6 per cent in the second half of FY27 to contain excess banking…

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India’s balance of payments likely to post $60-65 bn surplus in FY27 despite wider CAD: HDFC Bank

New Delhi [India], September 4 (ANI): India’s balance of payments (BoP) is expected to post a surplus of USD 60-65 billion in FY27 despite a…

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India’s manufacturing sector needs 13.1% growth to hit $7.5 trillion by 2047: Report

New Delhi: India’s manufacturing sector needs to grow at a 13.1 per cent compound annual growth rate (CAGR) to reach USD 7.5 trillion by 2047,…

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Indian rice export rates rise to one-year high as lower rainfall fuels supply woes

Indian rice export prices this week extended their gains to the highest level in a year, as below-normal rainfall raised ‌concerns over production ⁠amid tightening…

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India turns to AI and satellites to modernise tea farming

India is turning to artificial intelligence and satellite technology to tackle some of the tea industry’s biggest challenges, from detecting crop stress and pests to…

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Centre sees no cost pain for RBI on dollar deluge

New Delhi | Mumbai: The Centre does not expect the Reserve Bank of India (RBI) to face material costs from the unprecedented $127-billion inflows through…

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