Economic Times
India’s onion exports fell over 50 percent in June, hindered by a minimum export price of $550 per tonne and a 40 percent export duty, making Indian
India's garment sector could see a 10-20% rise in export orders in the next 18 months amid Bangladesh's political unrest. This could bolster apparel e
The two-day CII BIMSTEC Business Summit 2024 in New Delhi highlighted the need for concluding the BIMSTEC Free Trade Agreement and promoting investmen
The Bank of Japan raised interest rates, unsettling markets. Governor Kazuo Ueda later reassured investors that no further hikes would occur during ma
By July of the 2024-25 fiscal year, India had exported 2.6 lakh tonnes of onions following the lifting of the export ban in May. The lifted ban requir
The Reserve Bank was anticipated to maintain key rates with increased confidence in meeting its 4% inflation goal. The RBI's policy stance, growth and
The Insolvency and Bankruptcy Board of India (IBBI) has issued new 15-point guidelines for the Committee of Creditors (CoC) to improve the insolvency
Effective tax on annual income of Rs 15 lakh was reduced to 10% in 2023 and further reduced this year as well under new I-T regime, Sitharaman noted,
India saw a per capita net national income of Rs 1.7 lakh in 2022-23 amidst ongoing wealth inequalities. Challenges persist in the labor market, inclu
The AEPC Chairman observed that buyers will continue to be hesitant to place their orders in India unless Government of India tweaks its import polici
India's central bank, led by Governor Shaktikanta Das, is expected to keep interest rates unchanged on Thursday despite global market volatility. Howe
The Reserve Bank of India left interest rates unchanged at 6.5% due to persistent food inflation. Rising prices of vegetables and cereals contributed
Bangladesh is India's biggest trade partner in South Asia, and India is the second biggest trade partner of the neighbouring country in Asia.
India launched a portal to speed up visa processing for Chinese technicians required by companies benefiting from the PLI scheme. This solution aimed
Commerce Minister Piyush Goyal urged the seven BIMSTEC nations to reconsider the slow-moving free trade agreement (FTA) negotiations, suggesting a shi
Commerce Minister Piyush Goyal called on BIMSTEC nations to reassess their sluggish FTA negotiations, proposing a preferential trade agreement instead
By April 1, 2025, companies with multi-state branches must register as Input Service Distributors (ISD) under GST law to distribute input tax credit (
An Indian government panel may reduce the food weighting in the consumer price index (CPI) by up to 8 percentage points, aiming to curb inflation spik
Exports of Indian two-wheelers, trucks, and buses to Bangladesh have been heavily impacted due to ongoing civil unrest. Key manufacturers like Bajaj A
In tackling inflation, the Indian government faces the challenge of balancing the needs of both farmers and consumers. To protect consumers from escal
