Economic Times
RBI increases gold purchases to diversify forex reserves, with gold value contributing to record $648.5 billion. Gold acquisitions aim to hedge agains
Indian basmati rice and tea exporters are anxious about the impact of Iran's attack on Israel. Concerns over outward shipment and rising sunflower oil
Indian exporters seek legal advice after attacks by Houthi rebels and Somali pirates. They revise contracts, opting for DAP and FOB terms, amid disrup
Some of the changes envisioned for the retirement fund body in the short, medium, and long term include restructuring of EPFO offices, business proces
The all-India retail price for potato was Rs 26 per kg on Saturday, up 10.18% month-on-month and 32% year-on-year, showed data from the Department of
The Department for Promotion of Industry and Internal Trade (DPIIT) will take up for discussions lingering concerns of startups on issues around Angel
India imposed a 20% export duty on white rice in September 2022 and subsequently on parboiled rice in August 2023 to control rising domestic prices. T
India has simplified the payment mechanism for traders importing pulses from Myanmar, requiring them to use the Rupee/Kyat direct payment system throu
India's robusta coffee prices skyrocket to Rs 10,080 per 50 kg, a historic high. Growers face challenges, but the surge brings relief. Supply-demand d
The government is considering several measures such as a flexible framework for the sale of products manufactured in SEZs in the domestic market, and
The clarification follows concerns by tax experts over the agreement opening past investments to scrutiny from tax authorities at the time of exit fol
Income-tax dept to act against 15.2 million non-filers. CBDT orders outreach from April 15. Focus on bank transactions, penalties for defaulters with
The department said that the Protocol pertaining to the amendment is yet to be ratified and notified under Section 90 of the Income-tax Act, 1961. Unt
While inflation declined to a 10-month low in March, experts indicate it is unlikely to deter the Reserve Bank of India from lowering rates anytime so
India's foreign exchange reserves reached a new record high of $648.56 billion in the week ending April 5th, surpassing the previous peak of $645.58 b
India's Index of Industrial Production (IIP) increased by 5.7% in February, up from 3.8% in January, according to data from the Ministry of Statistics
India's retail inflation dipped to 4.85 per cent annually in March from 5.09 per cent in the previous month, as per ET bureau. A Reuters survey had an
India's foreign exchange reserves hit a record high of $648.56 billion as of April 5, with a $2.98 billion increase. The Reserve Bank of India (RBI) r
The new provisions in the treaty include a principle purpose test, which will be used to judge whether tax benefits under the treaty will apply to inv
Maldives explores paying imports in Maldivian Rufiyaa with India, China. Saeed aims for non-dollar payments, stronger Rufiyaa, bilateral trade. Curren
