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Page 29 of ECONOMY

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Food ministry approves reserve price of wheat for open market sale
Food ministry approves reserve price of wheat for open market sale

Flour millers say reserve price of Rs 2550/quintal higher than the current market price

July 12, 2025 05:31 IST
net direct tax, indirect taxes, india net direct tax, taxes, economy
Net direct tax collections dip 1.34% to Rs 5.63 lakh crore during April 1-July 10

Tax refunds saw a significant 38.01% rise, reaching Rs 1,01,980 crore.

Updated: July 11, 2025 21:12 IST
US tariff heat looms over India’s Russian oil supplies
US tariff heat looms over India’s Russian oil supplies

Russia has become India’s top crude supplier since the Ukraine conflict, now accounting for over 35% of India’s total oil…

July 11, 2025 19:43 IST
India eyes $300 billion bioeconomy by 2030
Boost for ‘Make in India’: Govt targets for $300 bn bioeconomy by 2030

India targets a $300 billion bioeconomy by 2030, driven by biotech innovation, startup growth, ethanol blending success, and the new…

July 8, 2025 14:19 IST
Trump sets new 10-12 day deadline for Russia to accept Ukraine agreement: 'There's no reason in waiting...' (Image: Twitter)
US extends trade talks deadline to August 1, likely giving India more time for deal

The US has extended the deadline for trade negotiations to August 1 for 12 unnamed countries, including India, providing a…

July 8, 2025 00:13 IST
gst, Goods and Services Tax Council, economy, GST Council, operation sindoor
Consumption booster from GST slabs rejig planned

The GST Council may meet in August to discuss slab rejigs aimed at boosting consumption. A simplified tax structure with…

July 6, 2025 22:06 IST
farming, fertilisers, soil health, farmers, natural farming, economy
Natural farming to get a leg up; new clusters, sops on the cards

Government boosts natural farming with new clusters, incentives, and certification under a Rs 2,481 crore mission. Over 0.8 million farmers…

July 6, 2025 21:51 IST
India-US trade deal can boost exports by 64%, lift GDP by 0.6%: Report
India-US trade deal can boost exports by 64%, lift GDP by 0.6%: Report

The US, currently India’s largest export destination accounting for 19.3% of outbound goods, could see imports from India nearly double…

July 5, 2025 07:16 IST
fastest-growing economies, Nirmala Sitharaman, SME, NDB
India to remain among fastest growing economies: Finance Minister

India reaffirms its position as a top global growth leader, with Finance Minister Nirmala Sitharaman highlighting macro stability, digital progress,…

July 4, 2025 23:34 IST
Group of Ministers, GoM, GST Revenue Analysis, GST, economy
GoM flags Rs 2.2 lakh crore GST evasion, eyes sector-specific fixes ahead of council meeting

The GoM on GST Revenue Analysis met to address Rs 2.23 lakh crore in tax evasion. Key topics included sector-wise…

July 4, 2025 23:05 IST
procurement, onion, market price, economy, farmers, Nafed, NCCF
Govt starts procurement of onion at market price

Govt begins onion procurement at Rs 16.75/kg to build 2025-26 buffer stock via Nafed & NCCF. Target: 0.3 MT for…

July 4, 2025 21:17 IST
piyush goyal, wto, bilateral trade agreement, BTA, World Trade Organization
‘India never negotiates trade deals on deadlines’: Piyush Goyal tells US, says ‘national interest always supreme’

Commerce Minister Piyush Goyal asserts India won’t rush US trade deal under deadlines, stressing mutual benefit and national interest. Talks…

Updated: July 4, 2025 21:51 IST
India-US, BTA, CII, economy, Foxconn Technology, goods and services tax, GST, FTA
Tricky areas may not be covered under initial India-US BTA: CII president

India-US bilateral trade agreement may exclude tricky areas in initial phase, says CII President Rajiv Memani. He urges a balanced…

July 3, 2025 19:13 IST
services sector, services PMI, business activity, domestic orders, price pressures
India’s services sector accelerates to a 10-month high of 60.4 in June on healthy demand: PMI

India’s service sector recorded a rise in growth momentum in June with HSBC India Services Business Activity Index, or services…

July 3, 2025 11:22 IST
Private sector, investment, govt sector, money, capital expenditure
Private sector share in investment intent jumps, as govt sector languishes

Private sector share in new investment intents hit a record 87% in Q1FY26, CMIE data shows, as govt project announcements…

July 2, 2025 23:35 IST
crude palm oil, cooking oil, oil, economy, palm oil exports, edible oil
Indonesia seeks ‘predictable policy’ by India on palm oil imports

Indonesia has urged India to adopt a predictable palm oil import policy to ensure stable trade amid changing climate and…

July 2, 2025 22:45 IST
India-UK FTA, Free Trade Agreement, FTA, economy, Indian workers
India-UK FTA to boost Indian exports, enhance worker mobility: S&P

India-UK FTA to double trade by 2030, boost Indian exports, and enhance worker mobility. S&P says the pact aids India’s…

July 2, 2025 22:15 IST
minimum support price, MSP, Food Corporation of India, FCI, economy, food grains
Central-pool rice stocks hit highest level in two decades

Central rice stocks have reached 37.48 MT, the highest in 20 years—over three times the buffer. Rising procurement under free…

July 2, 2025 20:15 IST
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