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  • Freight operations begin at Heelalige Goods Terminal on Bengaluru–Hosur rail route

    Freight operations begin at Heelalige Goods Terminal on Bengaluru–Hosur rail route

    Heelalige Goods Terminal, near Electronics City, is expected to meet the growing demand for goods transportation, serving both Bengaluru and Hosur regions.

  • Putin Praises PM Modi’s India-First Policy, Says 'Investments In India Are Profitable'

    Putin Praises PM Modi’s India-First Policy, Says 'Investments In India Are Profitable'

    Russian President Vladimir Putin praised India for creating stable conditions for small and medium-sized enterprises (SMEs), drawing a comparison between India’s "Make in India" initiative and Russia’s import substitution programme. Putin expressed Russia's interest in establishing manufacturing facilities in India and emphasized the profitability of investing there. He highlighted the success of Russian brands replacing Western ones in sectors like consumer goods, IT, high-tech, and agriculture. Putin also stressed the importance of stronger Brics cooperation to support SME growth and called for member nations to evaluate key collaboration areas at the upcoming Brics summit in Brazil next year.

  • Karnataka: Goods train derails near Bhima river bridge, passenger services hit

    Karnataka: Goods train derails near Bhima river bridge, passenger services hit

    According to South Western Railway officials, train services on the Hubballi-Solapur line have been affected

  • India's current account deficit narrows to 0.7% of GDP in FY24; Q4 shows 0.6% surplus

    India's current account deficit narrows to 0.7% of GDP in FY24; Q4 shows 0.6% surplus

    Economists contend there is likely to be some slippage in CAD in FY25 to above 1% levels, but it is likely to stay manageable

  • US wholesale inflation pressures eased sharply last month

    US wholesale inflation pressures eased sharply last month

    From February to March, the government’s producer price index dropped 0.5% as energy prices plunged after having been unchanged from January to February.

  • Goods exports touched $447 billion in 2022-23; final numbers awaited: Piyush Goyal

    Goods exports touched $447 billion in 2022-23; final numbers awaited: Piyush Goyal

    The final export and import data for 2022-23 would be released by the mid of April.

  • Pricing power of large companies: Is it an illusion?

    Pricing power of large companies: Is it an illusion?

    The concept of industrial groups or lead firms setting prices on their own or as an oligopolistic combine is valid if product innovations don't happen, substitutes don’t appear and technology remains staid

  • Economic Survey 2023: Digital public infrastructure can add up to 100 bps to GDP growth rate

    Economic Survey 2023: Digital public infrastructure can add up to 100 bps to GDP growth rate

    Low-cost accessibility through Aadhaar, the success of citizen-centric services like Unified Payments Interface, large-scale adoption and reach of DigiLocker and MyGov, and the vaccine journey through Co-Win are important and successful milestones in India’s public digital infrastructure journey

  • Logistics policy: National trade facilitation action plan to be developed to address issues of EXIM logistics

    Logistics policy: National trade facilitation action plan to be developed to address issues of EXIM logistics

    The policy was launched on September 17 with a target to cut transportation cost and promote seamless movement of goods across the country.

  • Pakistan govt to consult coalition partners on importing goods from India: Pakistan FM Miftah Ismail

    Pakistan govt to consult coalition partners on importing goods from India: Pakistan FM Miftah Ismail

    The idea to import edible goods from India was first floated by the finance minister on Monday, when the country's death toll crossed 1,100 and hundreds of thousands of people were displaced, and thousands of acres of crops were destroyed.

  • Lifting tariffs on goods may make sense, US commerce chief says

    Lifting tariffs on goods may make sense, US commerce chief says

    “Steel and aluminum -- we’ve decided to keep some of those tariffs because we need to protect American workers and we need to protect our steel industry; it’s a matter of national security,” Gina Raimondo said in an interview Sunday on CNN’s “State of the Union.”

  • Government procures goods worth Rs 1,952 crore from MSEs in first two months of FY22

    Government procures goods worth Rs 1,952 crore from MSEs in first two months of FY22

    Purchases from small businesses owned by women and SC/ST entrepreneurs fall short of targets

  • Budget Chart Point | Freight revenues keep the flag flying for Indian Railways

    Budget Chart Point | Freight revenues keep the flag flying for Indian Railways

    How the Railways plans to fund the capex will be important

  • Donald Trump signs executive order aimed at preventing sales of counterfeit goods from overseas

    Donald Trump signs executive order aimed at preventing sales of counterfeit goods from overseas

    Presidential trade adviser Peter Navarro urged Amazon, Walmart and digital commerce sites to take steps to ensure that the goods they sell are safe and legal.

  • Govt monitoring daily prices post-GST, no supply disruptions yet

    Govt monitoring daily prices post-GST, no supply disruptions yet

    The roll out of the biggest tax reform since Independence has been "relatively smooth" with multi-layer monitoring and officers of the tax department have been working overtime to weed out major bottlenecks in the implementation

  • Here's why GST will make mobile exchange offers less attractive

    Here's why GST will make mobile exchange offers less attractive

    Exchange offers on mobiles, televisions and refrigerators are going to attract a goods and services tax (GST) on the original price of the product and the reduction in the newer product will not be considered, reports Mint.

  • Bengal leather industry produces Rs 13,000 cr goods

    Bengal leather industry produces Rs 13,000 cr goods

    "It is heartening that the leather industry in the state produces goods worth Rs 13,000 crore and we look forward to the industry reaching a target of Rs 15,000 crore within two years," Mitra said while inaugurating the Kolkata edition of India International Leather Fair (IILF).

  • Telangana likely to complete data migration to GST by January

    Telangana likely to complete data migration to GST by January

    The data migration in the country began in November, a state government release said.

  • Railways' earnings dips by over 4%

    Railways' earnings dips by over 4%

    The railways earned Rs 79,475.42 crore up to September 2016 as against Rs 76,268.91 crore for the corresponding period last year, a decline of 4.04 per cent, Minister of State for Railways Rajen Gohain said in reply to a written question.

  • GST: Aerated drink makers fume at being put in demerit list

    GST: Aerated drink makers fume at being put in demerit list

    "Aerated drinks are not 'luxury' goods. Aerated drinks cater to the average hydration needs of Indians in the form of immediately-available hygienic and safe drink source," Indian Beverage Association (IBA) said in a statement.

  • Decoding: What does GST mean for you?

    Decoding: What does GST mean for you?

    The goods and services tax (GST) council on Thursday decided on four tier structure at 5, 12, 18 and 28 percent. While the division of items into slabs is yet to be done, it will remove the practice of one single tax rate for all goods and services.

  • India, Japan platinum demand to be strong in 2017: PGI

    India, Japan platinum demand to be strong in 2017: PGI

    Platinum was trading above USD 940 an ounce on Tuesday, up from an eight-month low hit the previous day, and it still remains up about 6 percent for the year so far. The drop-off in prices over the two months since Aug. 12 has widened platinum's discount to gold to the most since June.

  • Centre likely to propose 26% peak rate for GST

    Centre likely to propose 26% peak rate for GST

    It is likely that the Centre could propose a four-tier tax structure under the Goods and Services Tax. The peak slab could be around 26 percent, reports Business Standard

  • China producer prices in first rise for over 4 years: Govt

    China producer prices in first rise for over 4 years: Govt

    The producer price index (PPI) rose 0.1 per cent year-on-year in the month, according to the National Bureau of Statistics, adding it "ended 54 consecutive months of year-on-year falls".

  • Railways earnings fall short of target by over 11% in September

    Railways earnings fall short of target by over 11% in September

    Railways have earned Rs 12,413.96 crore in September this year as against the target of Rs 13,961.91 crore for the month, a decrease of 11.09 percent.

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