Economic Times
Detection of fake input tax credit (ITC) claims by central GST officers rose 51% to Rs 36,374 crore in 2023-24, Parliament was informed. In 2023-24, 9
Union Minister of Consumer Affairs, Pralhad Joshi, announced a market intervention by the National Cooperative Consumers' Federation of India to lower
A price increase of Rs 5-6 per litre in cottonseed oil is expected during the festive season due to higher demand, despite a better-than-expected cott
Maldives President Mohamed Muizzu expressed gratitude to India for supporting the island nation in easing its debt repayment. He emphasized hopes for
Finance Minister Nirmala Sitharaman stated that the budget proposals would boost job creation, invest in startups, and enhance economic growth. Speaki
Finance Minister Nirmala Sitharaman revealed that the government is establishing a new fund to help MSMEs facing financial issues due to delayed payme
India aims to become a USD 30 trillion economy with a per capita income of USD 18,000 by 2047, according to NITI Aayog’s "Vision for Viksit Bharat @
The Income Tax Department urged taxpayers to file accurate returns and avoid false claims for deductions or expenses to ensure timely refunds. As of J
Commerce Secretary Sunil Barthwal held bilateral meetings with Russian and UAE ministers to discuss bilateral trade issues for their early resolution,
The National Financial Information Registry (NFIR) Bill was nearing completion and could be presented in the next Parliament session. The NFIR aims to
REC Limited, a 'Maharatna' company under the Ministry of Power, has applied to open a subsidiary in Gujarat's GIFT City to begin financing offshore pr
Commerce Secretary Sunil Barthwal emphasised the need for strengthening the multilateral trading system with the WTO, the Ministry of Commerce and Ind
The two nations had earlier been given time until September 19, 2023, then December 18, 2023 and then April 26, 2024 to resolve the dispute regarding
The Indian government is contemplating a nuanced strategy for Chinese FDI, focusing on high-tech sectors like electric vehicles and batteries. An offi
The Commerce and Industry Ministry plans to tighten foreign direct investment (FDI) norms in the tobacco sector to curb promotional activities and smu
Chairing the 9th governing council meeting of NITI Aayog on Saturday, PM Modi endorsed the idea of zero poverty at the village level while hailing the
The Indian government is considering a hike in the sugar MSP to help the industry pay sugarcane farmers promptly. Ethanol policies will be set before
Commerce Minister Piyush Goyal assured that the Modi-led coalition government would maintain its established path with a focus on national interests.
Union Food Secretary Sanjeev Chopra indicated that the government may soon decide on increasing the minimum selling price (MSP) of sugar. The MSP has
G20 Sherpa Amitabh Kant has urged for a long-term predictability and consistency policy for the sugar sector, which he believes is crucial for India's
