Economy

Export remission scheme may continue beyond Sept

EconomySeptember 29, 2024

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

EconomySeptember 29, 2024

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

EconomySeptember 28, 2024

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

EconomySeptember 28, 2024

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

EconomySeptember 28, 2024

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

EconomySeptember 27, 2024

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

EconomySeptember 27, 2024

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

EconomySeptember 27, 2024

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

EconomySeptember 27, 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

EconomySeptember 26, 2024

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