Economy

BRICS nations agree to boost trade, financial settlement in local currencies

Economy
Kazan: BRICS nations on Wednesday agreed to strengthen trade and financial settlement in local currencies, study feasibility of an independent cross-border settlement and...

IMF sees major manufacturing shift towards India & China

Economy
The International Monetary Fund (IMF), in its latest World Economic Outlook report, has highlighted a significant global shift in manufacturing production towards emerging...

In SC, Punjab blames centre; Haryana lists rewards, fines to curb farm fires

Economy
Punjab and Haryana are said to have taken contrasting positions on the issue of stubble burning in their latest affidavits to the Supreme...

RBI move to slow down gold loan growth, lead to uptick in delinquencies: Crisil

Economy
Mumbai: The Reserve Bank's recent notification asking financiers to review their gold loan practices can slow down loan growth in the near-term and...

Boosting macro fundamentals best defence vs global risks: RBI’s DY Guv Michael Patra

Economy
Fortifying India's macroeconomic fundamentals is the best shield against elevated global uncertainties, a deputy governor of the country's central bank said in New...

Rate rationalisation exercise: Luxe bags, cosmetic treatments may be moved to 28% GST Slab

Economy
New Delhi: As many as 58 goods and 24 services, such as pricey handbags and sunglasses and certain cosmetic procedures could be moved...

Finance minister Nirmala Sitharaman calls on US investors to tap opportunities in India

Economy
Finance minister Nirmala Sitharaman on Monday pitched the India story to a large group of pension funds and institutional investors in the US...

Inter-state disparity in terms of revenue receipt remains huge: Report

Economy
New Delhi: The revenue disparity among Indian states continues to be significant, while some states have shown revenue growth in FY25 but others...

Ministry may soon tap Cabinet for green flag on FTA SOPs as new guidelines nearly readly

Economy
New Delhi: The commerce and industry ministry will soon seek Cabinet nod for the standard operating procedure (SOP) for negotiating its free trade...

Automobile exports from India rise 14% in April-September period

Economy
New Delhi: Automobile exports from India in the first six months of the current fiscal year rose 14 per cent year-on-year, led by...

Grant-in-aid, tax devolution from Centre to States will moderate at 4.5% from 15.3% last fiscal: NSE

Economy
New Delhi: State governments across India are expected to face tighter finances in FY25, as grants-in-aid from the Centre are projected to decline...

insurance GST: GoM suggests higher GST rates for premium products, relief for senior citizens’ health insurance

Economy
A group of ministers (GoM), tasked by the Goods and Services Tax (GST) Council to look at rate rationalisation, has suggested changes in...
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