Economic Times
India has decided to permit restricted imports of corn, milk powder, crude sunflower oil, and refined rapeseed oil with concessional duty. As the larg
The consignment will reach Mumbai port via Bandar Abbas port in Iran, ET has learnt. “For the first time, two trains with Kuzbass coal headed to Ind
Consumption growth has remained weak since the pandemic, recovering at a slow pace. Private consumption is recovering, with growth is tracking at 4% i
A multimodal route that includes a railway, roadway network and seaports, the INSTC spans 7,200km (4,500 miles) from St. Petersburg to the port of Mum
Financial flows also increased leading to accretion in foreign exchange reserves during the fourth quarter amounting to USD 30.8 billion, it said. The
There are three types of budgets: balanced, surplus, and deficit, based on how accurate these projections are. The three distinct budget kinds are dis
In light of Bengaluru's growing demands, Karnataka Infrastructure Development Minister MB Patil has directed staff to draft a feasibility study for th
EY recommends significant tax reforms in the upcoming Budget, urging the government to double the standard deduction under the new concessional tax re
The National Council of Applied Economic Research (NCAER) forecasts India's FY25 GDP growth at about 7.5%, driven by strong economic activity. NCAER's
The government is preparing to revise the income criteria for middle-income groups (MIGs) to qualify for assistance under the Pradhan Mantri Awas Yoja
The upcoming budget aims to boost consumption, support farmers, create jobs, and reform tax systems. It focuses on tax cuts, lifting export restrictio
Ahead of the Union Budget for 2024-25, the Union Minister of Finance and Corporate Affairs held the eighth Pre-Budget Consultation in New Delhi, focus
"It is being reviewed to assess effectiveness," said an official, adding that there is a line of thinking that it should be made optional for taxpayer
The retail and wholesale inflation in rice has been in double digits since last year. India, the largest exporter of rice, banned export of broken ric
Banks were urged to improve customer experience in banking services by focusing on initiatives like CKYC, Jan Samarth portal, and Aadhar seeding. The
Bharatiya Mazdoor Sangh presses for extending MGNREGS, raising pensions, and improving worker benefits, including for beedi and National Health Missio
A note from Madhavi Arora, lead economist at Emkay Global Financial Services Ltd, said cumulative rainfall till June 21 was 17% below the long-term av
Key export-related demands included creating an Indian shipping line, duty cuts, and extending credit schemes. Nasscom pushed for favorable policies l
India’s goods exports in FY24 were $437.1 billion and imports were $675.4 billion. The ministry has been developing standard operating procedures to
Nicholas McCaffrey aims to enhance the scope and impact of the existing trade agreement between India and Australia, working towards formulating a com
