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The president of Confederation of Indian Industry says things are starting to look better as consumer inflation has started moderating.
By increasing revenue mobilisation from 'Non-Shareable Duties' and 'Cesses on Commodities' under Union excise duties, the Centre could manage revenue shortfall in GST, the paper said
The lowering of the debt-to-GDP ratio should be sufficient for Fitch to leave its India credit rating at BBB- and potentially even lift the negative watch in due course, ING has said
The new rankings reveal that some states and union territories significantly lag others in terms of the coverage, beneficiary satisfaction, digitisation, and overall system efficiency of their Targeted Public Distribution System. Goa was the worst performing state on these metrics, while Ladakh had the worst implemention of NFSA.
The issue has again caught the attention of the Prime Minister’s Office as the government expects the trade deficit to widen in the near term, and efforts are on to quickly address it, officials have told Moneycontrol.
Fuelled by rising commodity prices and a weakening rupee, India's trade deficit shot up to $190.7 billion in FY22. Fears of this continuing this year have led policymakers to plan steps to reduce imports and boost exports.
Telangana, Kerala, Maharashtra, and Odisha have occupied the second tier in the rankings. Among smaller states, Jammu and Kashmir have entered this list.
The two largest projects announced by Adani Group are the Rs 60,000-crore Maharashtra Pumped Storage Project for green power and the Rs 44,600-crore, 10-GW solar power project in Andhra Pradesh
Data shows the share of the 18-21 age group in the net EPF accounts created fell from 37.9 percent in 2018-19 to 24.1 percent in 2021-22
Through the memorandum of understanding (MoU), both institutions plan to promote innovative architectural technologies and materials across buildings and the construction industry with the common objective of advancing the field of architecture design
Recognising the services of Indian armed forces’ veterans, the Indian Embassy here organised Varishtha Yoddha’, an event to honour these ex-servicemen. Recognising the services of Indian armed forces’ veterans, the Indian Embassy here organised Varishtha Yoddha’, an event to honour these ex-servicemen
The quantum of duties will be reviewed every 15 days to see how the international prices have moved, based on which action will be taken
DICGC, a wholly-owned subsidiary of the RBI, provides an insurance cover of up to Rs 5 lakh on bank deposits. Depositors of the two Maharashtra-based banks will get the amount credited to the alternate bank account specified by them, or on their consent, to their Aadhaar-linked bank accounts.
The start of the cropping season helped diesel demand register a double-digit growth over the pre-pandemic period — a record in recent years.
In May last year, the Supreme Court had struck down the West Bengal government’s law WBHIRA for regulating real estate sector, saying it was ”unconstitutional”.
The government is allowing wheat shipments for which irrevocable letters of credit (L/C) were issued on or before May 13, when the ban on the export of the foodgrain was imposed with an aim to contain rising prices.
India on July 1 joined a select league of nations globally that have taxed windfall gains accruing to oil companies from soaring energy prices.
The European Central Bank will release minutes of its June deliberations, Brazil’s double-digit inflation may have ticked up again, and Canada also publishes jobs data. Monetary officials in Australia, Israel, Peru and Poland are among those forecast to keep raising rates
National Quality Monitoring (NQM) found that 1,029 road and bridge projects were in the category of ”unsatisfactory” during a period of five years till 2020-21, the Comptroller and Auditor General (CAG) said in its report, tabled in the assembly on Thursday.
The Wall Street bank reduced its estimate for annualized gross domestic product growth to 1 percent for the second quarter, down from 2.5 percent previously
The slowdown in manufacturing followed moderate consumer spending growth in May along with weak housing starts, building permits and factory production
A Rs 6 per litre tax on export of petrol and ATF and Rs 13 per litre tax on export of diesel is effective from July 1, finance ministry notifications showed.
To encourage families to use rooftop solar panels in cities, a subsidy of up to 80 per cent of the total installation cost will be given to people having an annual income of less than Rs 3 lakh.
Chennai, Jul 1 A new semiconductor high-technology park at an investment of Rs 25,600 crore spread over the next five years, would be set up ..
The central bank, in its 25th Financial Stability Report (FSR), said the advent of FinTech has exposed the banking system to new risks which extend beyond prudential issues and often intersect with other public policy objectives relating to safeguarding of data privacy, cyber security, consumer protection, competition and compliance with anti-money laundering policies
