Economic Times
The government is considering removing the refund of subsidy clause for employers if an employee quits within a year. Instead, it may stop the incenti
Government bond yields in India are expected to soften further by the end of the fiscal year, potentially saving the exchequer Rs 1,000-2,000 crore an
Maharashtra continues to attract significant foreign direct investment, securing $8.5 billion in the June quarter. Despite this, the state is seeing a
Investments under the Production Linked Incentive (PLI) schemes reached Rs 1.46 lakh crore by August, with expectations to rise to Rs 2 lakh crore. Th
The Indian government is considering a foreign investment regulatory mechanism for post-investment review and monitoring. This oversight aims to ensur
India has lifted its ban on the export of non-basmati white rice, a move welcomed by exporters in West Bengal. The government also reduced the export
The GST Network restored the monthly returns data for July and August 2017 on its portal. This move follows requests from trade and industry for more
India and the US are negotiating a pact to enhance collaboration in critical minerals. Commerce Minister Piyush Goyal will visit Washington to discuss
Former RBI governor Raghuram Rajan emphasized the need for India to focus on labour-intensive industries to generate employment. Despite 7% economic g
The govt will invite suggestions from the private sector and tax experts on the Income Tax Act, 1961, starting October. This initiative aims to simpli
The government has introduced changes to GST laws, allowing authorities to waive certain interest and penalties on past tax demands. Effective Novembe
The first phase of smart city development in Uttar Pradesh is nearly complete, with plans for the next phase underway. The Union Cabinet has approved
The Department for Promotion of Industry and Internal Trade (DPIIT) is working on about 100 rules and laws to decriminalise minor offenses, promoting
India has lifted most of its rice export restrictions imposed in 2023, expecting higher crop yields due to above-average monsoon rains. India, which c
India has lifted the ban on non-basmati white rice exports and set a minimum export price of $490 per tonne. The ban, in place since July 2023, was li
Over 50 metric tonnes of Hilsa fish have arrived in West Bengal from Bangladesh for the Durga Puja festival. The Fish Importers' Association expects a
The government lifted the ban on non-basmati white rice exports, effective immediately, while introducing a minimum export price (MEP) of USD 490 per
The government has exempted non-basmati white rice from export duty and reduced the levy on parboiled rice to 10 per cent. The export duty on husked a
The Reserve Bank of India's foreign exchange reserves reached a new high of $692.3 billion in the week ending September 20, driven by a $2 billion sur
India's government has halved the export duty on parboiled rice from 20% to 10%, a year after the initial imposition due to production concerns. This
