Economic Times
India's diamond sector is in crisis with a sharp decline in imports and exports over the past three years, leading to defaults, factory closures, and
1726644495 Economy - 2 months ago
India is considering easing restrictions on non-basmati rice exports as inventories surge and a new crop is set to be harvested. This move follows rec
1726643815 Economy - 2 months ago
India's edible oil consumption is expected to grow by 2%-3% despite a recent import duty hike. The increase in demand is attributed to the peak festiv
1726643701 Economy - 2 months ago
FAIFA has welcomed the government's digital initiatives in agriculture, stating that the Rs 14,000 crore schemes will help retain youth in farming. Th
1726639453 Economy - 2 months ago
RBI Governor Shaktikanta Das stated that decisions on interest rate moderation will be based on long-term inflation trends rather than monthly data. T
1726499637 Economy - 2 months ago
India has enacted policies to boost farm exports and restrict vegetable oil imports ahead of state elections. The government removed minimum export pr
1726484058 Economy - 2 months ago
The GST investigation arm DGGI has proposed reciprocal arrangements with foreign governments for information sharing and enforcement to prevent tax ev
1726483553 Economy - 2 months ago
Regional disparities in agricultural lending persist despite a record high in institutional credit, according to RBI deputy governor Swaminathan J. Sp
1726482325 Economy - 2 months ago
The government is considering using data from quick commerce platforms like Zepto, Blinkit, Instamart, and BigBasket to understand consumption pattern
1726444800 Economy - 2 months ago
The real money online gaming industry has topped the list of tax evaders, as reported by the Directorate General of Goods and Services Tax Intelligenc
1726428431 Economy - 2 months ago
The Centre has sanctioned ₹46,000 crore in capex loans to states out of the ₹1.5 lakh crore allocated for FY25. Of this, ₹25,000 crore has been
1726427643 Economy - 2 months ago
The GST Council has formed a 13-member Group of Ministers to recommend GST rates on health and life insurance premiums. Bihar Deputy Chief Minister Sa
1726408253 Economy - 2 months ago
An inter-departmental committee may be formed to regulate online gaming platforms and ensure compliance, according to a DGGI report. The GST intellige
1726400330 Economy - 2 months ago
India needs to boost container production, promote domestic use, strengthen shipping firms, and enhance port infrastructure. High freight costs, conta
1726397284 Economy - 2 months ago
India faces challenges in exports due to rising freight costs, container shortages, and reliance on foreign carriers. GTRI suggests boosting domestic
1726389627 Economy - 2 months ago
The Reserve Bank of India plans to modernise its currency management infrastructure over the next 4-5 years. This includes creating new currency manag
1726389356 Economy - 2 months ago
Replacing 40% of rice cultivation with other crops in north India could recover significant groundwater lost since 2000, a study finds. Current rice-d
1726382383 Economy - 2 months ago
A Group of Ministers led by Union Minister Pankaj Chaudhary will rework the GST compensation cess nomenclature. The panel will suggest how to apportio
1726381308 Economy - 2 months ago
The Directorate General of GST Intelligence has identified the real money online gaming sector as a major tax evasion area, detecting Rs 1.10 lakh cro
1726378653 Economy - 2 months ago
As per the annual report of the Directorate General of GST Intelligence (DGGI), about 46 per cent of the evasion cases related to non-payment of tax (
1726323198 Economy - 2 months ago