Economy

Union budget may see fiscal consolidation but rural, welfare and subsidies may go up: Goldman Sachs Report

New Delhi: With the Union Budget for FY26 scheduled to be presented on February 1, 2025, a report by Goldman Sachs underlined two...

Budget 2025: Plan afoot to decarbonise power, steel

India is working on a national carbon capture utilisation and storage (CCUS) mission to support decarbonising hard-to-abate sectors such as thermal power, iron...

Budget 2025: Amnesty Scheme for customs may be announced to reduce litigation, say experts

In a bid to reduce litigation, Finance Minister Nirmala Sitharaman in the upcoming Budget may announce an Amnesty Scheme for customs to foster...

Budget 2025: How can govt enable ease of doing business in India? CII presents 10-point plan

Union Budget: As India plans to work towards being a viksit nation by 2047, industry body Confederation of Indian Industry (CII) has put...

India oil imports: India’s energy security will fuel bid to become $4 trillion economy much earlier: Hardeep Puri

Union Minister for Petroleum and Natural Gas, Hardeep Singh Puri on Saturday said India's energy security will fuel the country's bid to become...

Piyush Goyal: Piyush Goyal assures garlic traders to look into alleged illegal imports issue

Commerce and Industry Minister Piyush Goyal has assured garlic traders to look into their concerns over illegal imports of the agri commodity, an...

Budget 2025: A close look at India’s infrastructure output within a year before Sitharaman sets the ball rolling in Lok Sabha

India's infrastructure output continues to be a key topic in economic discussions. Budget 2025 will be the second budget to be presented by...

Energy Efficiency: India must take lead in energy efficiency: Amitabh Kant

New Delhi: India needs to focus on investment and innovation in clean technologies in order to reduce import dependence and achieve the Viksit...

India’s forex reserves dip $ 5.7 billion in a week up to January 03

India's forex reserves contracted by $5.7 billion during the week ended January 3 as foreign investors continued to pull out dollars from the...

Govt releases tax devolution of Rs 1.73 lk cr to states to accelerate capital spending

The Union Government on Friday released tax devolution of Rs 1,73,030 crore to state governments, as against the devolution of Rs 89,086 crore...

Dollar sales by private banks help Rupee recover from lifetime low

The rupee weakened to its lifetime intraday low on Thursday to 85.93 per dollar before closing at 85.848/$1, little changed from the previous...

Tech glitch in data transmission led to inflated gold, silver import data: Government

New Delhi: The government has setup a committee to create a mechanism for publishing consistent export-import data even as multiple official portals continue...

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