Economy

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...

Gentari leads India’s decarbonisation journey

Economy
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

Economy
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

Economy
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

Economy
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

Economy
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

Economy
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

Economy
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

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

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