Category: Economy

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Parliamentary panel flags compliance glitches on new income tax act, seeks more data from CBDT

New Delhi: The Parliamentary Standing Committee on Finance has flagged compliance-related glitches in the implementation of the new Income Tax Act and is seeking more…

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How RBI could tackle a liquidity deluge triggered by dollar deposits

MUMBAI: The Reserve Bank of India‘s special dollar deposit scheme drew a larger-than-expected $127.23 billion, leaving the central bank having to deal with a problem…

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India’s economy shatters a 35-year barrier to enter A-rated club

Japan Credit Rating Agency’s decision on Wednesday to raise India’s sovereign rating from BBB+ to A- has put an ‘A’ back on India’s credit scorecard…

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View: From ‘Make in India’ to ‘Design in India’

India’s automotive market is the third largest in the world. Yet, the debate continues along a familiar binary: Indian brands vs foreign technology. No carmaker…

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New GDP series captures structural changes in economy, reflects global best practices: N K Singh

Chairman of 15th Finance Commission N K Singh on Thursday backed the new GDP data series which showed a 7.8 per cent economic growth in…

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India-New Zealand FTA to come into force next month, grants 100% duty-free access to Indian exports

The India-New Zealand free trade agreement (FTA) will come into force from next month, PTI quoted an official as saying on Thursday. India and New…

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From diamonds to defence: India, Belgium target 2x trade in 5 years

India and Belgium will work to double bilateral trade over the next five years as the two countries seek to expand their partnership beyond traditional…

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India wants tariff edge before signing final US trade deal: Piyush Goyal

India will announce the final details of its trade deal with the United States as soon as Washington is able to give New Delhi a…

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India can unlock over USD 1.5 billion wheat export opportunity as global buyers diversify sourcing: ASSOCHAM

New Delhi: India can unlock a wheat export opportunity of more than USD 1.5 billion as the gradual reopening of exports coincides with strong domestic…

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Richest cities in India: Bengaluru earns, Chandigarh spends, Chennai borrows the most, Delhi is India’s biggest market: Study shows where Indians earn, save, spend and borrow the most

India’s richest cities are not necessarily the ones that spend, save or borrow the most. A new 100-city study by Tata, titled ‘The Many Urban…

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