Economy

RBI can handle forex swings well: Deputy Guv Rabi Sankar

Economy
The Reserve Bank of India (RBI) is well equipped to handle excessive exchange rate volatility that could result as a falloutof the Donald...

India should be part of RCEP, CPTPP: Niti Aayog CEO BVR Subrahmanyam

Economy
New Delhi: India should be a part of the Regional Comprehensive Economic Partnership and Comprehensive and Progressive Agreement for Trans-Pacific Partnership, Niti Aayog...

vegetable oil price: India’s vegetable oil imports seen lower in 2024-25, industry group says

Economy
India's vegetable oil imports are estimated to decline further in the 2024-25 season to 15 million metric tons, as favourable weather will likely...

FinMin asks PSBs to meet loan targets for agri-allied sectors

Economy
The finance ministry has urged public sector banks, or PSBs, to take all necessary steps to increase credit flow to the agri-allied sector...

Union Cabinet approves equity of Rs 10,700 cr as working capital for Food Corporation of India

Economy
The Union Cabinet chaired by Prime Minister Narendra Modi on Wednesday approved infusion of equity of Rs 10,700 crore for working capital in...

Businesses with turnover over Rs 10 cr cannot report e-invoices older than 30 days from April 1, 2025

Economy
New Delhi: From April 1, 2025 onwards, businesses with Aggregate Annual Turnover (AATO) greater than Rs 10 crore will not be allowed to...

Plan afoot to revamp pension scheme for unorganised workers

Economy
NEW DELHI: The Ministry of Labour and Employment plans to tweak its flagship pension scheme for unorganised workers, the Pradhan Mantri Shram Yogi...

Tax fraud: ₹25,000 GST evasion by 18,000 bogus companies uncovered

Economy
Tax officers have detected about 18,000 fake companies registered under GST which have been involved in tax evasion of about Rs 25,000 crore,...

Revenue dept forms 22 sub-committees to review I-T act

Economy
The Indian government has formed 22 sub-committees to reassess the Income Tax Act, aiming to simplify it and make it more user-friendly. ...

Factory activity rebounds in Oct after hitting 8-month low in September

Economy
New Delhi: India's manufacturing activity rebounded in October, marking a positive beginning for the third quarter of the current financial year, driven by...

Indian rice lowest offer in Bangladesh tender for 50,000 T

Economy
The lowest price offered in the tender from Bangladesh's state grains buyer to buy 50,000 metric tons of rice that closed on Monday...

Growth may have slipped in rainy Q2 but forecast for fiscal is sunny

Economy
India’s economic growth likely moderated in July-September, primarily due to a slowdown in consumption and investment amid heavy monsoon rains in several parts...
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