Capital outlay of top 18 states to grow by 18-20% this fiscal on healthy GST collection, central devolutions and interest free loan According to CRISIL, the increase in spending will be driven by healthy GST collection, stable and upfront devolution from the… By FE BusinessNovember 28, 2023 13:34 IST
Global value chains to aid $7-trillion aim: FM Nirmala Sitharaman Finance minister Nirmala Sitharaman said on Monday, stressing the importance of the India-Middle East-Europe Economic Corridor (IMEC) for international trade. By FE BureauNovember 28, 2023 02:30 IST
Import reliance for pulses, oil seeds to stay through FY31: Study Production of pulses according to the study is projected to increase to 35 MT by 2030-31. By Sandip DasNovember 28, 2023 01:40 IST
Towards the 16th Finance Commission: Over Rs 1.3-trillion FC grants go abegging FE analysis of the first four years of the 15th FC’s six-year award period showed that states have lost Rs… By Prasanta SahuNovember 28, 2023 00:45 IST
Electronics exports jump 28% to $15.48 billion during April-Oct The largest contributor was iPhone shipment, which at $5 billion constituted a third of India’s electronics exports. By Rishi RajNovember 28, 2023 00:15 IST
India needs to position itself as global manufacturing hub as China witnessing repeated outbreaks: GTRI India can leverage its workforce and manufacturing potential in sectors like mobile phones and laptops, the Global Trade Research Initiative… By PTINovember 27, 2023 18:46 IST
S&P ups India’s FY’24 growth forecast to 6.4% on robust domestic momentum The Indian economy grew 7.2 per cent in 2022-23 fiscal ended March 2023. India’s GDP expanded 7.8 per cent in… By PTINovember 27, 2023 12:14 IST
A 30% jump in states’ tax share, yet transfers slow The first of a three-part series looks at the issues before the soon-to-be-constituted 16th Finance Commission. By Prasanta SahuNovember 27, 2023 05:15 IST
Palm oil, coal account for over half of trade deficit with Asean Controlling deficit difficult, need fresh investments: GRTI By Mukesh JagotaNovember 27, 2023 01:50 IST
India’s milk output up 4% to record 231 MT in 2022-23 No impact of LSD on world’s biggest milk producer. By Sandip DasNovember 27, 2023 00:45 IST
India’s bilateral FTA with Singapore and as part of Asean needs to be studied together: GTRI The Global Trade Research Initiative (GTRI) also suggested a similar exercise with Thailand, another member of Association of Southeast Asian… By PTINovember 26, 2023 15:08 IST
States to miss capex targets this fiscal on fall in revenue, other factors: Report This was boosted by the early releases under the scheme for special assistance to states for capital investments (or capex… By PTINovember 26, 2023 11:20 IST
Keep 17% growth in direct taxes in FY24 too, FM to officials A 17% annual growth in direct collections (net of refunds) would mean the receipts would be Rs 1.27 trillion more… By FE BureauNovember 25, 2023 01:20 IST
Free ration: Centre asks states to continue to lift grains after December PM Narendra Modi earlier this month at an election rally in Chhattisgarh had stated that the scheme would run for… By Sandip DasNovember 25, 2023 00:30 IST
India’s forex reserves jump USD 5.08 billion to USD 595.40 billion In the previous reporting week, the kitty declined USD 462 million to USD 590.321 billion. By PTINovember 24, 2023 17:58 IST
Capex order inflow moderates as elections draw closer; capital goods, railways, roads sectors to lead growth The report by Elara Securities said that the election season is leading to order inflow momentum for large projects especially… By Tanya KrishnaNovember 24, 2023 14:33 IST
Govt needs to reduce import duties on inputs, capital goods to lessen need for export schemes: GTRI The Global Trade Research Initiative (GTRI) said that many countries, including major trade partners of India like the European Union… By PTINovember 24, 2023 12:47 IST
China’s rice exports to ivory coast top 2022 after India curbs China shipped 45,000 tons to the African country in October, matching the volume exported in August, customs data compiled by… By BloombergNovember 24, 2023 10:01 IST
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