Economic Times
The Ministry of Finance has notified new Foreign Exchange (Compounding Proceedings) Rules 2024 to simplify foreign investment regulations. The rules a
1726200173 Economy - 2 months ago
Industry executives have informed the Ministry of Electronics and Information Technology (MeitY) about the extended timelines for acquiring BIS (Burea
1726198702 Economy - 2 months ago
The Union cabinet has approved expanding the Ayushman Bharat-Pradhan Mantri Jan Arogya Yojana to include all citizens over 70 years of age, benefiting
1726166035 Economy - 2 months ago
The finance ministry has raised monetary limits for compounding contraventions under FEMA and introduced electronic payment options. Cases up to ₹60
1726165961 Economy - 2 months ago
The government is set to launch several enterprise-related surveys, including a capex survey and an economic census. These surveys aim to track privat
1726165641 Economy - 2 months ago
Retail inflation in India rose slightly to 3.65% in August, driven by higher food prices, but remained below the Reserve Bank of India's target. Indus
1726165291 Economy - 2 months ago
The Finance Ministry has updated the compounding rules under FEMA, increasing monetary limits for adjudications by RBI officials and enabling online p
1726151467 Economy - 2 months ago
Ministry of road transport and highways on Thursday notified amendments to the model engineering, procurement and construction (EPC) agreement and req
1726150084 Economy - 2 months ago
India's Index of Industrial Production (IIP) grew by 4.8% in July, up from 4.2% in June, according to MoSPI data. Mining, manufacturing, and electrici
1726142651 Economy - 2 months ago
Trade and commerce between India and Bangladesh have resumed, with trucks carrying essential commodities. Indian High Commissioner in Bangladesh discu
1726142609 Economy - 2 months ago
India's retail inflation rose to 3.65% in August from a five-year low of 3.54%. Food inflation, making up half of the CPI basket, increased to 5.66%.
1726142593 Economy - 2 months ago
The government aims to extend the duty remission scheme for exporters beyond September but is still awaiting approval for interest subvention from the
1726138811 Economy - 2 months ago
India's crude soyabean oil imports surged to 4,54,639 tonnes in August, while local soyabean prices fell below the minimum support price (MSP). The So
1726134175 Economy - 2 months ago
India's inflation targeting regime has been largely successful compared to advanced economies like the USA and Germany, according to a State Bank of I
1726130697 Economy - 2 months ago
Chandra said, "This forward-thinking initiative reflects the Government's unwavering support for India's transition to electric mobility, fostering in
1726122697 Economy - 2 months ago
Kerala Chief Minister Pinarayi Vijayan highlighted the rising trend of cess and surcharge levied by the Centre, which reduces states' share in tax rev
1726121748 Economy - 2 months ago
The launch of the India-UAE virtual trade corridor and MAITRI interface aims to streamline trade under the India-Middle East-Europe Economic Corridor.
1726072844 Economy - 2 months ago
India and the US are collaborating to become self-reliant in critical minerals, strengthen supply chains, and adopt advanced technologies. Commerce an
1726068084 Economy - 2 months ago
India will purchase soybeans from farmers in Madhya Pradesh at government-set support prices to assist those affected by falling domestic rates. This
1726067587 Economy - 2 months ago
Tata Steel CEO T V Narendran emphasised the need for India to build a greener manufacturing economy than China. Speaking at the AIMA Convention, he wa
1726061243 Economy - 2 months ago