Economy

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

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

Gentari leads India’s decarbonisation journey

By 2030, five million metric tons of green ammonia will be produced annually, driving the nation's energy transition, thanks to Gentari's ambitions.In an...

India jumps 42 spots in 9 years, ranks 39th in Global Innovation Index 2024

India's ranking in the Global Innovation Index has improved by 42 positions over the last 9 years, with the country now ranked first...

Govt mulls hike in sugar MSP, ethanol prices

The government is considering increasing ethanol prices, raising minimum selling price (MSP) of sugar, and reviewing sugar exports for the 2024-25 season, Food...

tax officers: GSTN clarifies on validity of notices, orders without digital signature of taxmen

GST Network on Thursday said show cause notices and assessment orders issued by the tax officer on the GST portal do not have...

India champion of growth in G20: Álvaro Pereira, Chief Economist, OECD

NEW DELHI: India is the “champion” of growth among the G20 countries and its expansion will propel the global economy, OECD chief economist...

External debt in comfort zone and better than many others, says FM Sitharaman

New Delhi: India's external debt-to-GDP ratio at 18.7%, its debt service ratio at 6.7% and foreign exchange reserves-to-external debt ratio at 97.4% are...

Chief economists bullish on India, cautious optimism for global recovery: WEF survey

A majority of chief economists have shown a cautious optimism about the global economy with India's robust performance making South Asia the best...

India growth forecast: ADB retains India’s growth forecast at 7%; govt spending, agriculture to boost economy

The Asian Development Bank (ADB) on Wednesday retained India's growth forecast for the current fiscal at 7 per cent and said that the...

Ease of business: 300 law points selected of which half can be decriminalised

New Delhi: The government has shortlisted 300 law points and sections which can be decriminalised through interministerial consultations, as it aims to reduce...

Top exporters body seeks 5 yrs for export credit scheme

Apex exporters body Federation of Indian Export Organisations (FIEO) has urged the government to extend the benefits under a key export promotion scheme...

‘Under a strong leadership, India can hit $7-trillion target by 2030’, says JPMorgan CEO Jamie Dimon

Mumbai: India's aspiration to be a $7-trillion economy by the end of the decade can be achieved as a "strong" Prime Minister Narendra...

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