Economic Times
India's retail inflation rose to 3.65% in August from a five-year low of 3.54%. Food inflation, making up half of the CPI basket, increased to 5.66%.
The government aims to extend the duty remission scheme for exporters beyond September but is still awaiting approval for interest subvention from the
India's crude soyabean oil imports surged to 4,54,639 tonnes in August, while local soyabean prices fell below the minimum support price (MSP). The So
India's inflation targeting regime has been largely successful compared to advanced economies like the USA and Germany, according to a State Bank of I
Chandra said, "This forward-thinking initiative reflects the Government's unwavering support for India's transition to electric mobility, fostering in
Kerala Chief Minister Pinarayi Vijayan highlighted the rising trend of cess and surcharge levied by the Centre, which reduces states' share in tax rev
The launch of the India-UAE virtual trade corridor and MAITRI interface aims to streamline trade under the India-Middle East-Europe Economic Corridor.
India and the US are collaborating to become self-reliant in critical minerals, strengthen supply chains, and adopt advanced technologies. Commerce an
India will purchase soybeans from farmers in Madhya Pradesh at government-set support prices to assist those affected by falling domestic rates. This
Tata Steel CEO T V Narendran emphasised the need for India to build a greener manufacturing economy than China. Speaking at the AIMA Convention, he wa
The government has launched the Trade Connect ePlatform to streamline export and import information for entrepreneurs. Developed with various ministri
India will impose tariffs of 12% to 30% on certain steel products from China and Vietnam to protect local industry. The tariffs, targeting welded stai
Private credit deployments in India are expected to exceed USD 10 billion in 2024, according to a report by EY. The first half of 2023 saw over USD 6
Union Minister Rajiv Ranjan Singh announced plans to boost annual seafood exports to Rs 1 lakh crore from Rs 60,000 crore. He highlighted the governme
The Rural Development Ministry has approved the construction of roads in Madhya Pradesh, Maharashtra, and Kerala under various central schemes. The pr
GST Council's 54th meeting addressed industry concerns by rationalizing GST rates, providing exemptions, and clarifying laws to avoid litigation. New
Indian importers are shifting from expensive outright forwards to options strategies to hedge against currency risks. With forward premiums rising due
The central government has approved the procurement of soybean at Minimum Support Price (MSP) for Madhya Pradesh, in addition to Maharashtra, Karnatak
Prime Minister Narendra Modi assured semiconductor industry CEOs of a predictable and stable policy regime, emphasizing India's potential as a reliabl
External Affairs Minister S Jaishankar stated that India is open to doing business with China, but the sectors and terms need careful consideration. S
