Economy
Kharif season: Most crops being sold below MSP
Mandi prices of most crops have consistently been below their minimum support prices (MSPs) throughout this kharif season.
FinMin releases weekly instalment of Rs 6,000 cr to states to meet GST compensation shortfall
The ministry in a statement said it has released the 12th weekly instalment of Rs 6,000 crore to the states to meet the GST compensation shortfall.
GST officers arrest one for operating 46 fake firms, passing on ITC worth Rs 82.23 cr
The network of fake firms was operated by Arvind Kumar, who used to pass fake ITC for a commission of 4 to 4.5 per cent of the invoice amount.
Forex intervention by RBI to touch $93 billion by March, says report
The report by the Wall Street brokerage Bank of America Securities also expects the central bank to raise banks' HTM (held-to-maturity) limits of excess government securities by 2 per cent of their bo
ESG, elections, fiscal support: 6 macro factors to watch as India plans to vaccinate 30 crore people
If the year 2020 was truly a head-spinning year, a year like no other, 2021 will be an exhilarating albeit bumpy one.
Union Budget 2021: Need higher focus on demand revival, boost in growth engines to spur Covid-battered economy
Union Budget 2021 India: As the countdown for the Union Budget 2021 has begun, all eyes are now set on how the Finance Minister’s attempts to walk the tightrope to strike a balance and play the role
China’s economy grows by 2.3% in 2020, bucking global COVID-19 slowdown trend
As per the NBS data, China's value-added industrial output, an important economic indicator, went up 2.8 per cent year on year in 2020.
Export recovery: Rivals Vietnam, China far outpace India
Trend exposes structural factors blunting India's competitiveness
Big jump in CPSE capex, Q3 matches H1
State governments have slowed down investments significantly in the current fiscal year and the Centre's Budget capex also looks constrained, due to the pandemic-induced revenue shortfalls.
Govt procures paddy worth Rs 1.06 lakh crore so far this kharif season
The government has procured 25 per cent more paddy so far in this kharif marketing season
Demand to rationalise GST on food delivery business to 5 per cent
Customers taking food delivery at their home or office are paying 13 per cent higher price on the same food and beverages compared to customers who are walking down to restaurants as the dine-in tax r
‘Indian economy may contract 25 pc in current fiscal’
The Indian economy is not recovering as fast as the government claims and the country's economy may contract 25 per cent in the current financial year, noted economist Arun Kumar said on Sunday.
Excise duty collection jump 48 pc this fiscal on record hike in taxes on petrol, diesel
Excise duty collection during April-November 2020, was at Rs 1,96,342 crore, up from Rs 1,32,899 crore mop-up during the same period in 2019, according to data from the Controller General of Accounts
RBI remains steadfast to take any further measures to support growth: Shaktikanta Das
In a bid to maintain financial stability, Das emphasised the need for banks to raise resources in advance as a buffer.
Union Minister Nitin Gadkari pitches for more research to identify import substitute products
Instead of importing spare part, the industry should help their vendors to find an indigenous replacement, Gadkari said in a virtual meeting on Friday.
Road to Recovery: Imports rise for the first time in 10 months
Reflect nascent revival of domestic demand
Commerce minister exhorts Indian investors to support start-ups in BIMSTEC region
BIMSTEC or The Bay of Bengal Initiative for Multi-Sectoral Technical and Economic Cooperation is a grouping of seven countries in South Asia and South-East Asia.
Kerala budget focuses on infrastructure development, jobs
Finance Minister Thomas Isaac said Kerala is implementing the biggest state-level anti-recession infrastructure package in India of Rs 60,000 crore using KIIFB funds.
Planning to install rooftop solar plant? Beware of fake claims! Govt says only DISCOMS are authorised
The government on Friday cautioned consumers against rooftop solar companies that are claiming to be "authorised vendors" for the implementation of Grid-connected Rooftop Solar Scheme.
Economy likely to contract up to 7.5% this fiscal, may see 9-11% growth in FY22: Former CEA Arvind Virmani
Addressing a virtual event organised by industry body PHDCCI, Virmani said in the upcoming Budget, the government should come up with policies to accelerate India's economic growth.
Exports up marginally to USD 27.15 billion in December
The merchandise exports were valued at USD 27.11 billion in December 2019 while imports had totalled USD 39.59 billion.
Forex reserves up by USD 758 mn to lifetime high of USD 586.082 bn
Expressed in dollar terms, the foreign currency assets include the effect of appreciation or depreciation of non-US units like the euro, pound and yen held in the foreign exchange reserves.
Tamil Nadu 11th state to implement ‘One Nation One Ration Card’ reform: FinMin
In view of the resource requirement to meet the challenges posed by the COVID-19 pandemic, the government had in May enhanced the borrowing limit of the states by 2 per cent of their gross state domes
India took ‘very decisive’ steps to deal with coronavirus pandemic: IMF chief Kristalina Georgieva
Georgieva said that she is impressed by the appetite for structural reforms that India is retaining.
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Top News
- Sensex, Nifty may open in green but chartists advise caution ahead of today's opening bell
- 20% stake: Total puts $2 billion into Adani Green
- Extradition: Legal hitch delaying Vijay Mallya return, says Modi govt
- Market LIVE: Sensex, Nifty stare at positive opening on Tuesday; IRFC IPO subscribed 65% on first day
- South India film industry delivers a ‘Master’ stroke; rakes in Rs 100 crore at the box office
- Tax transfer to states down a fifth
- Union Budget FY22: Good economics must make good politics
- Budget Roadmap 2021: Income Tax- Salaried class needs new tax sops due to work from home costs
- Call only required Chinese experts: Govt to mobile manufacturers
- Education for all - Towards a self-reliant India
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