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Tag: Economy

While working from home, Reva was able to save 30% more a month and invest in mutual funds and other tax-saving instruments, compared to pre-pandemic times. Reva (name changed on request), a marketing professional working for...
The southern cement industry isn’t seeking any fiscal incentive but asking for steps to keep logistics costs at reasonable levels. To moderate elevated cement prices, the government is in talks with companies from Southern India, who...

Ban on cotton exports unlikely to serve any purpose: Textile secretary

Senior industry executives have already blamed the misleading cotton production estimates firmed up by the agriculture ministry for their plight. A ban on cotton...

CBIC warns taxmen not to use coercion for recovery of GST during search operations

In a circular dated May 25, the GST investigation wing has clarified that recovery of tax can be made only after following the due...

Will the IPEF replace the RCEP?

Much of the conversation in the days ahead will focus on the relationship between the IPEF and the RCEP. The speculation will be on...

States must reciprocate: Dithering on auto fuel tax cut may be good politics, but bad economics

The reluctance of states to do their bit stems from deep-rooted grievances. They believe the Centre keeps them out of their fair share of...

Curbs on rice exports unlikely at this stage

India exports aromatic and long grain basmati rice to Saudi Arabia, Iran and other West Asian countries besides to the US and European Union....

Govt relaxes spending by ministers to boost public expenditure

The Centre has raised the capital expenditure target by 35.4% on year to Rs 7.5 trillion for FY23 to continue the public investment-led economic...

Building infrastructure is a top priority: PM Modi

EconomyInaugurates 11 projects, lays foundation stone for more totalling ₹31,530 crorePrime Minister Narendra Modi on Thursday said the Indian Government is fully focussed on...

Importers of newsprint, other paper products to compulsorily register under monitoring system

EconomyMove aimed at checking dumping; currency paper, bank bond, cheque paper exemptedImporters of newsprint and a range of other paper products such as handmade...

New government in Australia to support trade pact with India

EconomyAustralia looking forward to resumption of full-fledged CECA negotiations in June, says High Commissioner Barry O’FarrellThe change of government in Australia will not adversely...

FinMin revises cash management guidelines, permits use of unspent balances from one quarter to next

EconomyShishir Sinha | New Delhi, May 26 | Updated on: May 26, 2022 Expenditure capping for fourth quarter, March restoredThe Finance...

RBI to hike repo rate by 50 basis points, lower FY23 growth to 7 pc in June review: Barclays

The central bank will likely revise its inflation estimate to 6.2-6.5 per cent, which is way above the upper end of its tolerance band...

India growing despite global supply chain challenges: PM Modi

EconomyFocus should be on developing solutions for small businesses, says the Prime Minister at ISB-HyderabadPrime Minister Narendra Modi on Thursday said that despite the...

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