Economic Times
The Ministry of Finance has notified new Foreign Exchange (Compounding Proceedings) Rules 2024 to simplify foreign investment regulations. The rules a
Industry executives have informed the Ministry of Electronics and Information Technology (MeitY) about the extended timelines for acquiring BIS (Burea
The Union cabinet has approved expanding the Ayushman Bharat-Pradhan Mantri Jan Arogya Yojana to include all citizens over 70 years of age, benefiting
The finance ministry has raised monetary limits for compounding contraventions under FEMA and introduced electronic payment options. Cases up to ₹60
The government is set to launch several enterprise-related surveys, including a capex survey and an economic census. These surveys aim to track privat
Retail inflation in India rose slightly to 3.65% in August, driven by higher food prices, but remained below the Reserve Bank of India's target. Indus
The Finance Ministry has updated the compounding rules under FEMA, increasing monetary limits for adjudications by RBI officials and enabling online p
Ministry of road transport and highways on Thursday notified amendments to the model engineering, procurement and construction (EPC) agreement and req
India's Index of Industrial Production (IIP) grew by 4.8% in July, up from 4.2% in June, according to MoSPI data. Mining, manufacturing, and electrici
Trade and commerce between India and Bangladesh have resumed, with trucks carrying essential commodities. Indian High Commissioner in Bangladesh discu
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
