Page 189 of ECONOMY

Govt issue consolidated overseas investment rules to promote ease of doing business

The revised regulatory framework for overseas investment provides for simplification of the existing framework for overseas investment and has been…

August 22, 2022 22:20 IST

Retail inflation for farm, rural workers rise to 6.6 pc, 6.82 pc in July

The All-India Consumer Price Index Number for Agricultural Labourers and Rural Labourers for July, 2022 increased by 6 points each…

Updated: August 19, 2022 15:20 IST

Basic needs not freebies; poor people more entitled to receive them, says economist Jayati Ghosh

Ghosh noted that the word ‘freebies’ indicates the class position of those who use it.

August 19, 2022 12:05 IST

FTA provisions to prevail in case of conflict over Rules of Origin on imported goods: CBIC

In an instruction to chief commissioners, the Central Board of Indirect Taxes and Customs (CBIC) said the customs field officers…

August 19, 2022 09:54 IST

Contours of GST tribunal finalised, to help resolve disputes

A group of ministers (GoM), headed by Haryana deputy chief minister Dushyant Chautala, has proposed that the GST Appellate Tribunal…

August 19, 2022 07:16 IST

Persistently high inflation requires appropriate policy responses, says RBI article

Nevertheless, the Indian rupee performed better than most major EME currencies, the article said.

August 18, 2022 21:41 IST

Manufacturing sector to be impacted in FY23 as exports take a hit: Report

Labour-intensive sectors such as wearing apparel and leather products have benefited from neither domestic nor external demand, it said.

August 18, 2022 21:05 IST

Cabinet clears extra outlay for farm loan interest scheme

It has decided to restore an interest subvention of 1.5% on short-term agriculture loans, to be provided to financial institutions…

August 18, 2022 08:14 IST

Customs violations: Monetary limit for legal action raised

In baggage and outright smuggling cases, the threshold market value of goods or foreign currency has been increased from over…

August 18, 2022 07:34 IST

Grain output hits record in 2021-22, despite a drop in wheat harvest

Soybean output rose by 3% to 12.99 MT compared to previous year. India imports about 56% of its edible oil…

August 18, 2022 02:55 IST

Curb China imports, say PVC makers

Reliance Industries, DCM Shriram and Finolex Industries are the other major producers of PVC in the country.

August 17, 2022 03:55 IST

Govt gets 38 bids to set up wheat silos

Hubs have a dedicated railway siding and container depot facility, while the transportation from spoke to hub is undertaken through…

August 17, 2022 03:40 IST

Mandi wheat prices rule up to 19% above MSP, despite export ban

Wheat prices have touched Rs 2,400 a quintal at Sehore, one of the biggest mandis in Madhya Pradesh, while those…

August 17, 2022 03:35 IST

Things might get ‘better’ on inflation by September: Khara

Pointing out that the policy rate by the RBI is a very key component for inflation, Khara said the policy…

August 17, 2022 03:20 IST

WPI inflation hits 5-month low of 13.93% in July

Icra chief economist Aditi Nayar said the drop in core WPI inflation for a third straight month reflects a combination…

August 17, 2022 03:00 IST

Inflation: Things might get “better” towards September-end, says SBI Chairman

The SBI Chairman was speaking to reporters after announcing the launch of the bank’s state-of-the-art dedicated branch for start-ups in…

August 16, 2022 17:49 IST

WPI inflation eases to 5-month low of 13.93 pc in July; food prices soften

The WPI inflation continued its declining trend for the second month in July but remained in double-digits for the 16th…

Updated: August 16, 2022 15:32 IST

India to take up IT firms’ tax issue with Australia

India will likely ask Australia to amend its laws, in accordance with a formal pact reached between the two sides…

August 16, 2022 05:57 IST

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M&M profit beats Street, rises 18% to Rs 4,521 crore

Business2 hr ago

M&M’s Q2 net profit rises 18% on strong tractor and light truck sales, surpassing expectations. However, SUV growth was slower. Better realisations, cost control measures, and investment gains boosted margins to 15.3%. Tractor and SUV volumes expected to grow in low double digits and high teens respectively for FY26.

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