Economic Times
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
1712921093 Economy - 8 months ago
Maldives explores paying imports in Maldivian Rufiyaa with India, China. Saeed aims for non-dollar payments, stronger Rufiyaa, bilateral trade. Curren
1712910007 Economy - 8 months ago
The government is contemplating allowing sugar mills to produce ethanol using their surplus B-heavy molasses amid stable sugar prices and ample supply
1712909109 Economy - 8 months ago
Moody's reaffirmed India's credit rating at Baa3 with a stable outlook, expecting over 6% growth in the next two fiscal years. It cited a balanced cre
1712905037 Economy - 8 months ago
Moody's Analytics reports contrasting retail inflation outlooks for India and China, with China experiencing minimal inflation due to demand shortages
1712903767 Economy - 8 months ago
Moody's maintains India's Baa3 rating but warns of risks from political tensions and weak debt affordability. Fiscal metrics may improve with robust g
1712894327 Economy - 8 months ago
India is reviewing its trade pact with Asean to address anomalies like the inverted duty structure disadvantaging local manufacturers. Measures such a
1712878860 Economy - 8 months ago
"We should consider establishing a fund to support new-age manufacturing, similar to the Innovation Fund that the government has already announced. Th
1712862437 Economy - 8 months ago
Lenders have asked the RBI to permit the compulsory portion of funds set aside for the maintenance of the Cash Reserve Ratio (CRR) to be made eligible
1712861627 Economy - 8 months ago
In a post on X (formerly Twitter), the GST Tech said the GSTN has noticed that taxpayers are facing difficulties in filing GSTR-1 intermittentl
1712856476 Economy - 8 months ago
Substantial convergence in India-Peru Trade Agreement negotiations during the seventh round, covering various topics like trade in goods and services.
1712850978 Economy - 8 months ago
According to the RBI's Monetary Policy Report- April 2024, domestic economic activity, backed by strong fundamentals, remained robust in the first hal
1712837797 Economy - 8 months ago
India's exports to China have seen a positive growth in 90 principal commodities, including iron ore, telecom instruments, and electronic components,
1712830144 Economy - 8 months ago
Global Trade Research Initiative (GTRI) predicts a 1.2% decline in the value of global merchandise trade due to geopolitical uncertainties. The US dol
1712829073 Economy - 8 months ago
The income tax department in India has released an interim action plan for the fiscal year 2024-25, focusing on identifying cases of TDS short-payment
1712822435 Economy - 8 months ago
Government extends CBIC's new procedure deadline for pan masala and tobacco product manufacturers till May 15 to improve GST compliance, facing challe
1712819375 Economy - 8 months ago
Imports of soyoil rose 26.4% to 218,604 tons, those of sunflower oil were up about 50% at 445,723 tons, while total vegetable oil imports gained over
1712818077 Economy - 8 months ago
“The Government of India’s efforts to boost infrastructure development while undertaking fiscal consolidation and provide an enabling business env
1712817992 Economy - 8 months ago
Sanjeev Sanyal emphasizes the need to sustain India's economic growth amidst external uncertainties. Favorable monsoon and moderated food prices could
1712817415 Economy - 8 months ago
Uday Kotak has warned of global economic turbulence as US inflation may delay rate cuts, keeping interest rates elevated. Kotak predicts US rate cuts
1712816885 Economy - 8 months ago