BUSINESS

12 hours ago

Finance Commission to address issues of freebies, compensation for green cover: Chairman Panagariya

Shimla: The 16th Finance Commission would address the issues pertaining to the distribution of freebies and compensation for providing green cover, Chairman Arvind Panagariya said on Monday. Speaking with reporters here after

BUSINESS

12 hours ago

India records 0.6% current account surplus in Mar qtr on higher service exports, remittances

Mumbai: India recorded a current account surplus of USD 5.7 billion or 0.6 per cent of GDP in the March quarter, the Reserve Bank of India said on Monday. In the year-ago

BUSINESS

12 hours ago

RBI needs to shift focus from inflation management to growth promotion: MPC member

New Delhi: With retail inflation nearing the RBI’s target of 4 per cent, the monetary policy needs to shift focus on promoting growth, RBI MPC member Jayanth R Varma said on Monday.

BUSINESS

2 days ago

DGFT, Revenue dept working on dedicated hubs to boost e-commerce exports

Kolkata: In a bid to boost India’s e-commerce exports, the Directorate General of Foreign Trade (DGFT) is working with the Department of Revenue to establish designated e-commerce hubs across the country to

BUSINESS

2 days ago

Commerce min engaging with different departments on India, Korea FTA upgrade talks: Official

New Delhi: With talks to upgrade the existing free trade agreement (FTA) moving forward between India and Korea, the department of commerce is engaging with different ministries, including heavy industries, steel, and

BUSINESS

2 days ago

BJP hits out at INDIA bloc parties over silence on TN hooch tragedy

New Delhi: The BJP on Sunday attacked the INDIA bloc on the hooch tragedy in DMK-ruled Tamil Nadu, saying it hopes the alliance leaders who have not spoken on the issue will

BUSINESS

3 days ago

Sitharaman underlines Centre’s support to states via timely tax devolution, GST compensation arrears

New Delhi: Finance Minister Nirmala Sitharaman on Saturday underlined Centre’s support to states through timely tax devolution and GST compensation arrears to stimulate growth. At the pre-budget meeting with state finance ministers,

BUSINESS

3 days ago

India, Bangladesh ink pact to boost ties in maritime sphere, blue economy

New Delhi: India and Bangladesh on Saturday firmed up a futuristic vision to expand cooperation in several new areas and inked a raft of agreements, including to boost ties in the maritime

BUSINESS

3 days ago

GST Council fixes monetary limit for filing of appeals before various legal forums

New Delhi: In order to reduce government litigations, the Union Finance Minister Nirmala Sitharaman on Saturday said the GST Council has fixed a monetary limit for filing appeals by the tax department

BUSINESS

4 days ago

Stubborn food prices delaying disinflation: RBI Governor at MPC

Mumbai: Stubborn food prices are responsible for slow pace of decline in overall retail inflation, Reserve Bank of India (RBI) Governor Shaktikanta Das said while voting for status in policy rates earlier

GST rate rationalisation panel reconstituted, Bihar Dy CM appointed convenor

New Delhi: Bihar Deputy Chief Minister Samrat Chaudhary has been appointed as the convenor of the GoM on GST rate rationalisation. According to an official memorandum posted on the GST Council secretariat

4 days ago

BUSINESS

Export projection for FY’25 underway, interest equalization scheme extension proposed: DGFT

Kolkata: The Director General of Foreign Trade (DGFT) on Friday said that export projections for the current fiscal are still being finalised while efforts are on to improve the ease of doing

4 days ago

BUSINESS

India Inc urges FM to reduce tax burden, earmark more for capex in upcoming Budget

New Delhi: India Inc on Thursday asked Finance Minister Nirmala Sitharaman to reduce tax burden on common man, continue capital expenditure, and announce steps to contain food inflation in the upcoming Union

4 days ago

BUSINESS

FIU imposes Rs 18.82 crore fine on global crypto exchange Binance

New Delhi: The Financial Intelligence Unit (FIU) has slapped a penalty of Rs 18.82 crore on the world’s largest crypto exchange Binance for alleged contravention of the country’s anti-money laundering law. The

4 days ago

BUSINESS

WB accident: Initial probe blames lapses by goods train crew, Jalpaiguri division’s operating dept

New Delhi: The initial probe into the June 17 Kanchanjunga Express accident has suggested there were lapses by the operating department of the New Jalpaiguri Rail Division and the crew of the

4 days ago

BUSINESS

India ranks 63rd on Energy Transition Index, Sweden on top: WEF

New Delhi: India has been ranked 63rd on a global Energy Transition Index released on Wednesday by the World Economic Forum, which said the country has shown significant improvement across energy equity,

5 days ago

BUSINESS

Kuwait to give USD 15,000 compensation to kin of Mangaf fire victims: Report

Dubai/Kuwait City: The Kuwaiti government will give USD 15,000 each as compensation to the families of the victims of the devastating fire that killed 50 people, including 46 Indians, in the southern

5 days ago

BUSINESS

Retail inflation gradually easing, food prices still a concern: RBI Bulletin

Mumbai: Retail inflation is gradually easing, but volatile and elevated food prices are interrupting the path of disinflation, the RBI Bulletin said on Wednesday. An article on the “State of the Economy”,

5 days ago

BUSINESS

Centre asks Telangana govt to auction at least six mineral blocks by Jun 30

New Delhi: The mines ministry has flagged that the Telangana government failed to auction any mineral blocks in past nine years and asked the state to put at least six mines on

1 week ago

BUSINESS

Kerala govt to provide house for kin of Kuwait fire victim under housing scheme

Thrissur (Kerala): The Kerala government on Sunday promised to provide a house to the family of Binoy Thomas, who died in the recent Kuwait fire, under its LIFE Mission housing scheme. A

1 week ago

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