Category: Economy

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India-US energy cooperation could help drive USD 500 bn trade goal by 2030, report says

New Delhi: Deeper cooperation in hydrocarbons could play a key role in helping India and the United States achieve their goal of expanding bilateral trade…

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Income tax burden reduction over 12 years reflects ‘Ramrajya’, government says

New Delhi: The reduction in income tax burden over the past 12 years reflects the government’s vision of ‘Ramrajya’, said a booklet released by the…

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India’s bond tax exemptions set to boost foreign debt inflows and global index inclusion bid

India’s decision to exempt foreigners from taxes on government bonds and broaden access to the debt market is expected to make the country more attractive…

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Firms defaulting on labour wage may face ban from govt tenders

The finance ministry has amended the General Financial Rules, allowing all central agencies to bar contractors from bidding for any government projects if they fail…

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Commerce ministry raises anti-dumping duty rejection issue at ‘highest level’

New Delhi: The commerce ministry has taken up with the “highest level” the issue of a rising number of rejections by the Finance Ministry of…

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Assam’s GI-tagged Tezpur litchi reaches Dubai in first export shipment

Guwahati: The Agricultural and Processed Food Products Export Development Authority (APEDA) facilitated the first export consignment of GI-tagged Tezpur Litchi from Assam to Dubai marking…

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India-Oman trade pact to open huge export opportunities for labour-intensive sectors: Experts

New Delhi: India-Oman free trade agreement has opened huge export opportunities for domestic labour-intensive and value-added sectors such as textiles, gems and jewellery and marine…

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Govt raises nearly Rs 20,000 crore through disinvestment, asset sales as West Asia conflict swells subsidy burden

The Centre has already mobilised close to Rs 20,000 crore through stake sales and asset monetisation in the first two months of the current financial…

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India’s current account deficit to stand at 1.8% of GDP for FY27: Report

New Delhi: India is expected to see a current account deficit of 1.8 per cent of GDP in FY27 as against around 2 per cent…

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Importers fret over China’s new critical mineral framework

New Delhi: China’s new framework for mineral resources is stoking concerns among Indian importers as Beijing ties critical supplies to national security objectives, say industry…

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