Economic Times
In its Global Economic Outlook (GEO) released Monday, it raised its forecast for world growth in 2024 to 2.6% from 2.4% estimated earlier. India's eco
1718739305 Economy - 5 months ago
The government is considering overhauling the Scheme for Harnessing and Allocating Koyala Transparently in India (SHAKTI) policy. Under the proposed c
1718739211 Economy - 5 months ago
Budget expectations: Finance Minister Nirmala Sitharaman is set to initiate consultations starting Wednesday for the upcoming full budget of the new g
1718739160 Economy - 5 months ago
The Indian government's direct tax collection increased by 20.99% YoY to ₹4.62 lakh crore from April 1-June 17, boosted by a 27.34% increase in adva
1718738855 Economy - 5 months ago
As per the recommendation tax notices in cases where the lower tax was paid due to interpretation of law or lack of clarity can be quashed, people fam
1718737486 Economy - 5 months ago
"In the first three quarters of 2023-24, the current account deficit was 1.2% (of GDP)," Das said. "Our teams are working on the fourth quarter number
1718736181 Economy - 5 months ago
India allows duty free import of inputs used for manufacturing for exports subject in advance authorisation to export obligation period in which expor
1718732843 Economy - 5 months ago
A survey by LocalCircles highlighted significant consumer concerns over rising prices of essential vegetables—onion, potato, and tomato. It found th
1718728527 Economy - 5 months ago
India's central government is unlikely to remove the 40% export duty on onions imposed last month, as domestic onion prices have almost doubled in the
1718724603 Economy - 5 months ago
The National Highways Authority of India (NHAI), under the ministry of road transport and highways, has identified 53 acres of land parcel adjacent to
1718723156 Economy - 5 months ago
CII also suggested that the government may use a part of the Rs 2.11 lakh crore RBI dividend to boost capital spending by 25 per cent in FY25. This wi
1718722104 Economy - 5 months ago
US agri trade body Cotton Council International (CCI) has called for the removal of the 11% import duty on shorter staple cotton below 32mm length, wh
1718719891 Economy - 5 months ago
Several government departments have begun accepting applications for quarterly disbursements of incentives under the Production Linked Incentive (PLI)
1718714876 Economy - 5 months ago
India's net direct tax collections for the period from April 1 to June 17, 2024, have risen significantly by 21% year-on-year, totaling over Rs 4.62 l
1718713515 Economy - 5 months ago
Prime Minister Narendra Modi, during his visit to Varanasi, released the 17th instalment of the PM Kisan Samman Nidhi Yojana on Tuesday. The scheme ai
1718711684 Economy - 5 months ago
RBI Governor Shaktikanta Das stated that bringing India's retail inflation to the 4% target is challenging due to persistent food price inflation, dri
1718708936 Economy - 5 months ago
ET had reported that HUL is reducing use of palm and its derivatives in soap by 25% to offset volatility in commodity prices as well as for environmen
1718708350 Economy - 5 months ago
Budget 2024: The Union Budget of a year, also called the annual financial statement, is a statement of the government's expected income and expenditur
1718703712 Economy - 5 months ago
In its annual Infrastructure Summit 2024, CRISIL Ratings said the surge will ride on India’s need for creation of sustainable infrastructure by addi
1718701069 Economy - 5 months ago
The Government prohibited export of De-oiled Ricebran on July 28, of last year attributing it to the high fodder prices as De-oiled Ricebran is a maj
1718695771 Economy - 5 months ago