Category: Economy
CIC advises Income Tax Dept: Institutionalise taxpayer-friendly grievance redressal
New Delhi: The Central Information Commission (CIC) has advised the Income Tax Department to “institutionalise a taxpayer-friendly mechanism“, flagging that taxpayers are often made to…
India’s $98 billion imports in hot water as West Asia tensions heat up
A storm brewing in the Gulf could soon hit Indian homes, farms, and factories. Rising tensions in West Asia are threatening the flow of energy,…
Rice exporters urge govt to recognise Iran crisis shipping disruption as force majeure
The Indian Rice Exporters’ Federation (IREF) has requested the government to issue an official advisory/notification recognising the current Iran-crisis-linked shipping/logistics disruption as a force-majeure-type /…
Strait of Hormuz tensions threaten 41% of India’s tea exports: TAI
Guwahati: Shailja Mehta, President Tea Association of India (TAI) stated that amidst reports of closure of Straits of Harmouz, the assurance from United States on…
RBI deputy governor warns governance lapses behind financial failures
Governance failures, rather than lack of knowledge, are at the root of many financial crises, Reserve Bank of India (RBI) Deputy Governor J. Swaminathan said,…
India looking at alternative markets to buy gas; Australia, Canada offered to sell amid West Asia conflict: Govt sources
New Delhi, Australia and Canada have offered to sell gas to India as the country looks for other alternative energy sources amid the escalating West…
India’s balance of payments outlook faces risks from West Asia crisis
New Delhi: India’s external sector outlook remains broadly manageable but faces rising risks from geopolitical developments in West Asia that could push up crude oil…
Is Neo Green Ventures a company worth watching
In a corner of semi-urban India, in a temperature-controlled greenhouse, plants are growing without soil, water is being circulated through precision systems, and a technician…
India rice exports hit by Iran crisis: Exporters seek urgent govt support
New Delhi: Rice exporters have sought urgent government support to mitigate the impact of shipping disruptions triggered by the Iran crisis and instability across key…
Iran war may hurt India’s growth more than inflation, RBI expected to hold steady
The U.S. and Israel’s attack on Iran is expected to weigh more on India’s economic growth than its inflation, which will encourage the Reserve Bank…