Page 4 - Economy News

India-UAE agreement: Easier norms for gold import on the anvil

During May-March (2022-23), out of 110 MTs TRQ of gold allocated, only 8.1 MT was imported

Commerce department likely to tweak some SEZ rules in DESH Bill

Move will allow use of unutilised spaces in IT/ITeS for non-SEZ purposes

Commerce department likely to tweak some SEZ rules in DESH Bill

Move will allow use of unutilised spaces in IT/ITeS for non-SEZ purposes

India, Germany sign agreement on setting up quality infrastructure

India, Germany sign agreement on setting up quality infrastructure

Indian markets may correct, provide better entry points: Ritu Arora

India remains the most expensive equity market in the region and amongst the most expensive globally, says Ritu Arora, Asia CEO at Allianz Investment Management

Delhi govrnment hikes minimum wages of workers in unorganized sector:Report

The Delhi government has raised the minimum wages of workers in the unorganised sector, saying this will be a respite for them from inflation

Only 22% of candidates trained under PMKVY found a job, shows data

The government has allocated Rs 11,880.5 crore under PMKVY since 2015

Indian sugar prices climb as production drops amid record demand

Sugar demand rises as consumption of cold drinks and ice cream climbs in India during the summer months that run roughly from April to June

Centre aims for low premium, coverage with new livestock insurance scheme

According to the parliamentary panel's reports, not even a single livestock was insured during 2022-23, whereas in 2021-22, 174,061 animals were insured

Centre to come up with a single trade body to promote exports: Report

Last month, the Centre unveiled its new foreign trade policy (FTP 2023) setting a target of achieving $2 trillion in exports by 2030

Trade talks with UK still on, reports of pause 'baseless': MEA official

In a bid to bring negotiations back on track, the UK Home Office is planning to make an announcement in the coming weeks and a crackdown on Sikh extremists

Trai blocks 120 sender IDs for bulk messaging over Chinese link in 2 months

An investigation by Indian Cyber Crime Coordination Centre (I4C) revealed that the sender IDs were hosted from China

Liquidated damages in certain cases to draw 18% GST, rules Andhra AAR

Such damages are the sum that one party receives when the other party fails to meet provisions of a contract

Inflation may ease in March on softening food prices, says poll

Food inflation, which accounts for nearly half of the overall consumer price basket, is expected to have moderated due to falling vegetable prices, offset in part by surging cereal prices

Gold imports decline 30% to $31.8 billion in April-February 2023

According to industry experts, high import duty on gold and global economic uncertainties are the reason for the dip in the imports of the precious metal

India stands firm at WTO: Our food subsidies ensure global food security

Under the trade norms, a WTO member's food subsidy bill should not breach the limit of 10 per cent of the value of production

Google tax mop-up slips for first time to Rs 3,864 crore since inception

Uncertainty over OECD's global tax deal affects collection in FY23

Goods exports hit $447 bn in FY23; final data awaited: Piyush Goyal

Services exports likely to see sharper jump, estimated to cross $320 billion in FY23 from $254 billion a year ago

Himachal Pradesh launches project Sanjeevani to empower dairy farmers

Himachal Pradesh's economy is largely banking on agriculture and animal husbandry. With a livestock population of about 4.41 million, their care is an essential part of every rural household

Real estate institutional investment up 37% to $1.65 bn in Jan-Mar: Report

Institutional investment in real estate increased 37 per cent to USD 1.65 billion during January-March, driven by higher inflow in office and housing properties, according to Colliers