Economic Times
The Indian government has approved a subsidy of Rs 24,474.53 crore on phosphatic and potassic fertilizers for the rabi season of 2024-25. This decisio
The Reserve Bank of India is unlikely to cut the benchmark policy rate in 2024 due to food inflation concerns, according to SBI Chairman C S Setty. De
The centre will soon auction ten offshore mineral blocks to expand raw material sources for key industries like construction. Secretary of the Ministr
The Income Tax Department has increased the minimum thresholds for filing appeals in tax disputes. Appeals can now be filed only if the disputed tax a
India's diamond sector is in crisis with a sharp decline in imports and exports over the past three years, leading to defaults, factory closures, and
India is considering easing restrictions on non-basmati rice exports as inventories surge and a new crop is set to be harvested. This move follows rec
India's edible oil consumption is expected to grow by 2%-3% despite a recent import duty hike. The increase in demand is attributed to the peak festiv
FAIFA has welcomed the government's digital initiatives in agriculture, stating that the Rs 14,000 crore schemes will help retain youth in farming. Th
RBI Governor Shaktikanta Das stated that decisions on interest rate moderation will be based on long-term inflation trends rather than monthly data. T
India has enacted policies to boost farm exports and restrict vegetable oil imports ahead of state elections. The government removed minimum export pr
The GST investigation arm DGGI has proposed reciprocal arrangements with foreign governments for information sharing and enforcement to prevent tax ev
Regional disparities in agricultural lending persist despite a record high in institutional credit, according to RBI deputy governor Swaminathan J. Sp
The government is considering using data from quick commerce platforms like Zepto, Blinkit, Instamart, and BigBasket to understand consumption pattern
The real money online gaming industry has topped the list of tax evaders, as reported by the Directorate General of Goods and Services Tax Intelligenc
The Centre has sanctioned ₹46,000 crore in capex loans to states out of the ₹1.5 lakh crore allocated for FY25. Of this, ₹25,000 crore has been
The GST Council has formed a 13-member Group of Ministers to recommend GST rates on health and life insurance premiums. Bihar Deputy Chief Minister Sa
An inter-departmental committee may be formed to regulate online gaming platforms and ensure compliance, according to a DGGI report. The GST intellige
India needs to boost container production, promote domestic use, strengthen shipping firms, and enhance port infrastructure. High freight costs, conta
India faces challenges in exports due to rising freight costs, container shortages, and reliance on foreign carriers. GTRI suggests boosting domestic
The Reserve Bank of India plans to modernise its currency management infrastructure over the next 4-5 years. This includes creating new currency manag
