Economic Times
Corporates must report overseas employees exercising stock options to banks, which will notify RBI. This includes share appreciation rights and cashle
India has eliminated the export tax on parboiled rice, boosting its position as the world's largest rice exporter. This decision follows last month's
The RBI's recent notification urging lenders to revise their gold loan practices may temporarily slow loan growth and increase asset quality stress, C
Retail inflation for farm and rural labourers rose to 6.36% and 6.39% in September from 5.96% and 6.08% in August, as per the labour ministry. The CPI
As of March 2024, cash still accounts for 60 percent of consumer expenditure but is rapidly declining post-COVID. Digital payments, particularly UPI,
Assam Chief Minister Himanta Biswa Sarma announced that the Detailed Project Report (DPR) for the Gohpur-Numaligarh tunnel project is almost complete.
India's cotton production for 2024-25 is expected to decrease by 7% due to reduced acreage and damage from excessive rainfall. Cotton imports are pred
The IMF has retained India's growth forecast at 7% for FY25. As the economy recovers, the pandemic-driven demand boost is fading. The forecast stands
The 58th IHGF Delhi Fair generated business enquiries worth Rs 3,500 crore. Buyers from 108 countries and over 3,000 exhibitors were involved. Notable
The Department of Finance's Joint Secretary stated that a reduction in Goods and Services Tax (GST) could make insurance more affordable for customers
NPST reported a revenue surge of 142% in Q2 FY'25, tallying ₹68.91 crore, with a net profit rise of 264%. For the half-year of FY'25, revenue reache
India's cotton output is expected to drop by 7.4% to 30.2 million bales in 2024/25 due to reduced planting area and excessive rainfall damage. This ma
The Reserve Bank of India added 13 more entities to its 'Alert List' of unauthorised forex trading platforms. This brings the total number of entities
The GST Authority for Advance Rulings - Rajasthan bench ruled that softy ice-cream mix's primary component is sugar, not milk. Thus, it attracts a GST
India's 2024 monsoon, the heaviest since 2020, brought both relief and chaos. While aiding recovery from last year's drought, the excess rainfall dama
India's central bank focuses on strengthening macroeconomic fundamentals and building foreign exchange reserves to counter global uncertainties, aimin
S&P Global Market Intelligence sees India growing at an average of 6.8% in FY 2024-25 and 6.6% in 2025-26, driven by easing inflation, favourable mons
India's manufacturing sector growth has not benefited much from the US-China trade war. Other Asian countries like Vietnam, Taiwan, and South Korea ha
India's economy is projected to grow 7-7.2% in the current fiscal year due to strong government spending and increased manufacturing investments. Howe
The GST Council's GoM is considering moving 58 goods and 24 services, including luxury handbags, sunglasses, and cosmetic procedures, to a 28% GST sla
