Economy

Retail inflation for industrial workers inches up at 2.44% in Aug

Economy
Retail inflation for industrial workers inched up marginally to 2.44 per cent in August against 2.15 per cent in July this year. The...

pmi: India’s factory growth cooled to eight-month low in September, PMI shows

Economy
Growth in India's manufacturing industry cooled to an eight-month low in September as solid demand and output eased slightly, according to a business...

Investment, factory jobs grow, wipe out Covid impact

Economy
India's factory employment increased by 7.4% in 2022-23 from a year ago while emoluments per person rose 6.3%, the Annual Survey of Industries...

CAD widens marginally on widening trade deficit

Economy
India's current account deficit widened marginally to 1.1 percent of GDP in the June quarter compared to 1 percent of GDP in the...

Uzbekistan keen to join INSTC for full implementation of BIT with India

Economy
Central Asian states - Uzbekistan & Turkmenistan express interest to join International North South Transport Corridor (INSTC) to trade with India as the...

Export remission scheme may continue beyond Sept

Economy
New Delhi: Amid a slowdown in India's goods exports, the government has decided to continue with a crucial remission benefits scheme for exporters...

PLI investments, production to overshoot estimates: Union Minister Piyush Goyal

Economy
Actual investments under the Production Linked Incentive (PLI) schemes were Rs 1.46 lakh crore till August and expected to increase to Rs 2...

GST bodies get power to waive off certain penalties

Economy
New Delhi: The government has notified changes to goods and services tax (GST) laws, empowering GST authorities to waive off certain interest and...

India’s IPR regime improved, smart city work progresses in UP: Piyush Goyal

Economy
New Delhi: The first phase of smart city development in Uttar Pradesh is almost sold out and talks are on for the next...

India allows non-Basmati rice exports with minimum export cap of $490 per tonne

Economy
New Delhi: India on Saturday removed the blanket ban on exports of non-basmati white rice and imposed a minimum export price (MEP) of...

Forex reserves rise $2.8 billion to a new high of $692.3 billion

Economy
Mumbai: The Reserve Bank of India's foreign exchange reserves rose to a fresh high of $692.3 billion in the week ended September 20,...

Government slashes export tax on parboiled rice by 10%, a year after fixing it at 20% to maintain domestic stock

Economy
The government of India on Friday reduced the duty on export of parboiled rice from 20 per cent to 10 per cent. The...
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