Economic Times
The budget proposal exempts Venture Capital funds in GIFT City, Gujarat, from disclosing their fund sources. This aims to ease compliance and encourag
India's manufacturing sector has seen a significant job growth over the past two years, surpassing the services sector. This turnaround is driven by g
Revenue Secretary Sanjay Malhotra defended the capital gains tax rationalization, stating it was industry-demanded. He highlighted the budget's focus
West Bengal Agriculture Minister Sobhandeb Chattopadhyay noted the state's significant rice production, accounting for 14% of India's total. Despite c
Labour and employment minister Mansukh Mandaviya chaired an inter-ministerial meeting on Friday with top officials of 20 central ministries and depart
The RBI said monetary penalty on Payment System Operators (PSOs) Manappuram Finance and Ola Financial Services has been imposed for non-compliance wit
Union Minister Nitin Gadkari revealed that Rs 70,000 crore worth of projects for roads, highways, and expressways were underway in Delhi and nearby ar
The Reserve Bank selected five entities for testing innovative financial solutions under a regulatory sandbox. These include Indian Banks' Digital Inf
The government had provided nearly Rs 37,000 crore in fertiliser subsidies this fiscal to ensure affordable crop nutrients for farmers, Parliament was
The government decided to procure all tur, urad, and masur dal produced by farmers through the e-Samridhi platform, stated Agriculture Minister Shivra
The RBI introduced a prompt corrective action framework for urban cooperative banks to allow timely supervisory intervention. Effective from April 1,
Prime Minister Narendra Modi will chair the 9th Governing Council Meeting of NITI Aayog today. The meeting will discuss the roadmap for Viksit Bharat
The Reserve Bank of India (RBI) reported a 12.6% increase in digital payments across the country as of March 31, 2024, according to its Digital Paymen
The Union Budget 2024 significantly altered India's capital gains tax regime. LTCG tax rates rose from 10% to 12.5%, and the indexation benefit was re
India's forex reserves reached an all-time high of $670.86 billion as of July 19, up $4.00 billion from the previous week. Foreign currency assets als
All farmers growing notified crops in notified areas are eligible for coverage under the scheme voluntarily," Union Agriculture Minister Shivraj Singh
India's trade deficit with China grew at a slower pace from 2014-15 to 2023-24 compared to the previous decade, highlighting government efforts to con
India’s Union Budget 2024 introduced simplified capital gains tax rates, increasing short-term capital gains on equity to 20% and long-term capital
The country is set to have 12 new industrial cities to enhance domestic manufacturing, announced a top government official. The new cities will be loc
India's post-election budget confirmed a commitment to reducing the fiscal deficit for FY25 and FY26. The FY25 target has been lowered to 4.9% of GDP,
