Economy

Revenue dept forms 22 sub-committees to review I-T act

Economy
The Indian government has formed 22 sub-committees to reassess the Income Tax Act, aiming to simplify it and make it more user-friendly. ...

Factory activity rebounds in Oct after hitting 8-month low in September

Economy
New Delhi: India's manufacturing activity rebounded in October, marking a positive beginning for the third quarter of the current financial year, driven by...

Indian rice lowest offer in Bangladesh tender for 50,000 T

Economy
The lowest price offered in the tender from Bangladesh's state grains buyer to buy 50,000 metric tons of rice that closed on Monday...

Growth may have slipped in rainy Q2 but forecast for fiscal is sunny

Economy
India’s economic growth likely moderated in July-September, primarily due to a slowdown in consumption and investment amid heavy monsoon rains in several parts...

India will need a lot of very serious reforms to become advanced economy by 2047: Krishna Srinivasan, IMF Asia-Pacific Department

Economy
India will need to undertake a lot of very serious structural reforms to meet the aspiration of being an advanced economy by 2047,...

Ban cotton import, buy from farmers at MSP: Cong leader Patole to Centre

Economy
Mumbai: Ahead of the November 20 Maharashtra assembly polls, state Congress chief Nana Patole on Sunday urged the Centre to ban cotton imports,...

What does Kemi Badenoch replacing Rishi Sunak as new Conservative Party chief mean for India

Economy
After facing disastrous results in United Kingdom, Kemi Badenoch on Saturday became the first Black woman to lead Britain's Conservative Party as she...

India has 20-year window to capitalise on demographic dividend: Goldman Sachs

Economy
India needs to capitalise on a 20-year window of favourable demographics and increase per-capita income levels as in next two decades, the dependency...

India calls for a balanced geographical representation at the ILO

Economy
India has called for a more balanced geographical representation within the governing body of the Geneva-based International Labour Organisation. “Geographic diversity, with due...

Festive Vibes: Economists see food inflation and geopolitical conflicts as possible headwinds

Economy
NEW DELHI: The festive season has brought some cheer to the economy with several data releases on Friday suggesting improved consumer sentiment, but...

GST mopup rises 8.9% to ₹1.87 lakh core in October

Economy
India collected ₹ 1.87 lakh crore in goods and services tax in October, marking the second-highest gross GST collection in any month to...

India collects $22.25 bln in goods and services tax in October

Economy
India collected 1.87 trillion rupees ($22.25 billion) in goods and services tax in October, 9% higher than the same period last year, the...
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