Page 169 of ECONOMY

FDI inflows decline 9% at $38.9 billion in H1

The decline was an even sharper 14% on year in FDI equity inflows, which amounted to $26.9 billion between April-September…

November 24, 2022 07:36 IST

FTP 2023, foreign trade policy, investment, global economy, exports, Ease of doing business, trade documentation, policy framework, INR, business infrastructure, cross border ecommerce, EPCG scheme

India, GCC to launch free trade pact negotiations on Thursday

GCC is a union of six countries in the Gulf region — Saudi Arabia, the UAE, Qatar, Kuwait, Oman and…

Updated: November 23, 2022 13:05 IST

Online gaming likely to attract 28% GST on full value

In its last meeting in September, the GoM decided to seek legal opinion on whether the prize money in online…

November 23, 2022 04:20 IST

Food ministry aims to revamp over 2 lakh fair price shops as common service centres

Currently, 38,000 public distribution system (PDS) outlets have been turned into CSCs following a memorandum of understanding between the department…

November 23, 2022 02:45 IST

India-UK trade pact a high priority; next round of talks in December: Piyush Goyal

India and Britain launched negotiations for the FTA in January with an aim to conclude talks by Diwali (October 24),…

November 23, 2022 02:30 IST

PM-Kisan Scheme: Farmer groups demand hike in benefits, DBT for fertiliser subsidy

At present, under PM Kisan, Rs 6,000 is annually transferred to 100 million farmers’ bank accounts in three equal installments.

November 23, 2022 02:00 IST

Budget 2023-24: PM Narendra Modi to brainstorm with state chief secretaries in January

PM Modi will attend the conference for two days to get suggestions on measures needed for the MSME sector, education,…

November 23, 2022 01:00 IST

PM Kisan coverage crosses 100 million

Prime Minister Narendra Modi released the 12th instalments worth Rs 16,000 crore under PM-KISAN to farmers last month.

November 22, 2022 05:40 IST

Rupee trade with Russia: Nod to HDFC Bank, Canara

In July, the central bank had introduced a new arrangement for settling international trades in rupees.

Updated: November 22, 2022 14:49 IST

Scrapping of export taxes to aid steel industry’s growth: Scindia

After so many years, Indian steel industry has been able to enlarge its footprint globally and therefore it was “our…

November 22, 2022 03:30 IST

India Inc seeks steps to boost job creation, consumption

CII president Bajaj said the government has to broaden the tax base, with the goal to increase the tax/GDP ratio…

November 22, 2022 02:00 IST

Crisil cuts FY23 GDP growth forecast to 7%

According to Crisil, the global slowdown’s hit to Indian exports could weaken income prospects of the Indian manufacturing industry, particularly…

November 22, 2022 01:00 IST

India to remain among fastest growing economies: HDFC chairman

The Reserve Bank of India (RBI) has estimated a 7% GDP growth in FY23, with the economy growing between 6.1-6.3%…

November 22, 2022 00:15 IST

Nirmala Sitharaman to meet state finance ministers for pre-budget consultation on Friday

The budget for the next year will have to address critical issues of high inflation, boosting demand, job creation and…

November 21, 2022 17:59 IST

Removal of export duty will lead to new era of growth for steel industry, says Jyotiraditya Scindia

It has taken years for the domestic steel industry to gain footprint in the international markets, the steel minister said…

Updated: November 21, 2022 14:16 IST

economy, economic growth, recession, Niti Aayog, global conditions, uncertainty, IMF, retail inflation, oil prices, wholesale price index, rupee, trade deficit, export, import

No prospect of recession in India, economy to grow at 6-7% in next fiscal: Rajiv Kumar

“Thankfully, there is no such prospect of recession in India, because although our growth may be negatively affected by the…

November 21, 2022 11:48 IST

economy, economic growth, consumer demand, monetary tightening, GDP, growth, US Fed, investment cycle, inflation

Goldman sees India’s growth slowing next year as tailwinds fade

The rupee is among the best performing currencies in the region despite some depreciation against the US dollar, the Goldman…

November 21, 2022 11:18 IST

Decriminalise GST law, slash personal income tax rates in Budget: CII to govt

Tax certainty for businesses should continue and corporate tax rates should be maintained at the current levels, the chamber said

November 20, 2022 15:43 IST

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