According to the PWC’s 24th Global CEO Survey, 88% of India CEOs are confident about global economic growth improving over the next 12 months, while 70% are confident about their revenue growth in t
TRQ (Tariff-Rate Quota) is for a volume of exports that enter the UK at relatively low tariffs. After the quota is reached, a higher tariff applies to the exports.
With the imposition of countervailing duty by the US on imports from Morocco and Russia, there is a realignment of the supply chain with the Middle East diverting the supplies to the US, they said.
Among soft oils, the import of sunflower oil declined to 1,46,970 tonne in March due to high prices as against 2,95,387 tonne in the same period last year.
Apart from a few segments led by automobile, tractors, 2 wheelers and FMCG products, the other segments of industry are yet to swim into the positive territory.
With little resources to tackle the pandemic and kick-start economic recovery, India should receive debt relief in exchange for a commitment to align economic policies and newfound spending capacity w
After a gap of about eight years, India and the EU will resume formal negotiations for a trade and investment agreement on May 8, with both sides aiming to expedite a deal to aid economic growth in th
Sugar mills in India have exported 24.96 lakh tonne of the commodity in the ongoing 2020-21 season with Indonesia accounting for the maximum shipments (contributing 38.5% of the total exports so far),
The minister also emphasised on the need for proportional and simultaneous discussions on both trade and investment so that the two sides have a balanced outcome.
The government will look to reduce prices of petrol and diesel through a cut in taxes when the time comes, the head of the agency responsible for excise and other indirect tax collections said on Tues
Finance Minister Nirmala Sitharaman on Tuesday said resumption of formal negotiations on India-EU trade deal during the leadership summit next month would help further strengthen ties with the Europea
Amid surging pandemic cases forcing many states to curb mobility and businesses, a report has said these localised lockdowns in key economic hubs can cost the economy an average of USD 1.25 billion ea
Using Artificial Intelligence (AI) and advanced satellite imagery to produce unique data sets which help tackle problems like predicting harvests, natural disasters and tracking the presence and sprea
As the economy moves to a recovery path after a sharp decline last year amid the pandemic, a study has shown that 59 per cent of companies in India are intending to give salary increments to their emp
Fertiliser Minister D V Sadananda Gowda on Tuesday said there will not be any increase in retail prices of phosphatic and potassic (P&K) fertiliser for the time being and the government is keeping a c
The net indirect tax collections in 2020-21 grew 12.3 per cent to Rs 10.71 lakh crore as compared to the previous fiscal year, thereby exceeding the target set in revised estimates, the finance minist
Moody's expects that given the focus on 'micro-containment zones' to deal with the current wave of infections, as opposed to a nationwide lockdown, the impact on economic activity would be less severe
China's exports grew at a robust pace in March in yet another boost to the nation's economic recovery as global demand picks up amid progress in worldwide COVID-19 vaccination, while import growth sur
Contraction in industrial output widened to 3.6% year-on-year in February from 1.6% in the previous month, while retail inflation in March scaled a four-month peak of 5.52%, according to official data
After a gap of nearly five years, Maharashtra has overtaken Uttar Pradesh (UP) in sugar production. The state crossed the 100 lakh tonne-mark by the end of March, as against UP’s 96 lakh tonne.
India’s unemployment rate galloped to a 15-week high of 8.58% for the week ended April 11, largely due to a sudden 260 basis points rise in the urban unemployment rate to 9.81% over the week.