Business Standard

Economy

India eyes opportunity in US-China trade war under Trump's presidency

Govt identifies electronics, pharma, textiles, auto parts, and chemicals as sectors primed to benefit

India eyes opportunity in US-China trade war under Trump's presidency
Updated On : 04 Dec 2024 | 11:55 PM IST

Over 168k pensioners' grievances redressed in last two years: MoS

Also, under 100 days action plan, a month-long special campaign, for redressal of family pension grievances, was launched in July, 2024, which achieved 94 per cent redressal, Singh said

Over 168k pensioners' grievances redressed in last two years: MoS
Updated On : 04 Dec 2024 | 11:51 PM IST

EPS subscribers with Rs 1,000 pension increases by 3% to 3.66 mn in FY24

The annual report data also shows that the central government provided a support of Rs 957 crore during FY 24 for the minimum pension

EPS subscribers with Rs 1,000 pension increases by 3% to 3.66 mn in FY24
Updated On : 04 Dec 2024 | 11:25 PM IST

Israel seeks collab with India Inc, startups; aims to hire Indian workers

"We are looking at opportunities across all sectors and would like to import labour from India -both skilled and unskilled"

Israel seeks collab with India Inc, startups; aims to hire Indian workers
Updated On : 04 Dec 2024 | 11:02 PM IST

More funds sought for MGNREGA if budget falls short: Shivraj Singh Chouhan

Civil society says claims of timely release, funds increase misleading; threaten protest from December 6

More funds sought for MGNREGA if budget falls short: Shivraj Singh Chouhan
Updated On : 04 Dec 2024 | 9:57 PM IST

Govt likely to offer 35% subsidy for goods transport on inland waterways

This incentive will be provided only for long-haul movements on waterways - distances greater than 300 km - and will exclude any expenditure incurred on the first and last mile journeys

Govt likely to offer 35% subsidy for goods transport on inland waterways
Updated On : 04 Dec 2024 | 9:55 PM IST

Don't kill golden goose chasing smuggling masterminds: Revenue secy to DRI

Malhotra said it is vital for the department to upgrade skills and manpower to adapt to technological changes

Don't kill golden goose chasing smuggling masterminds: Revenue secy to DRI
Updated On : 04 Dec 2024 | 9:05 PM IST

India's external debt rises by $31 bn to $647 bn in 2023: World Bank report

The report further said that interest payment increased from $15.08 billion in 2022 to $22.54 billion in 2023

India's external debt rises by $31 bn to $647 bn in 2023: World Bank report
Updated On : 04 Dec 2024 | 5:53 PM IST

Services PMI falls marginally to 58.4 in Nov, job creation improves

Business confidence leads to 'hiring surge' as input costs rise to the 'greatest extent' in 15 months

Services PMI falls marginally to 58.4 in Nov, job creation improves
Updated On : 04 Dec 2024 | 11:33 AM IST

GOP lawmaker seeks to impose robust tariffs on Indian ceramic tile imports

Tennessee jobs are at risk due to India's unfair and uncompetitive trade practices in the ceramic tile market, Congressman John Rose said

GOP lawmaker seeks to impose robust tariffs on Indian ceramic tile imports
Updated On : 04 Dec 2024 | 11:04 AM IST

India's services PMI dips slightly, but hiring touches fastest pace since 2005

November Service PMI: The hiring surge was driven by improving business confidence, rising new orders, and strong international demand in the sector

India's services PMI dips slightly, but hiring touches fastest pace since 2005
Updated On : 04 Dec 2024 | 10:46 AM IST

Maharashtra aims $1 trillion GDP with growth in manufacturing, services

Maharashtra plans to double its GDP to $1 trillion by 2030, focusing on manufacturing, EVs, semiconductors, and power reforms while maintaining its lead in FDI inflows and boosting infra development

Maharashtra aims $1 trillion GDP with growth in manufacturing, services
Updated On : 04 Dec 2024 | 9:13 AM IST

Sustainability measures in trade adding to economic uncertainties: Govt

FTAs need to take a holistic view of the commercial significance they hold for the country and emphasise the importance of looking at goods, services, and investment together

Sustainability measures in trade adding to economic uncertainties: Govt
Updated On : 04 Dec 2024 | 12:16 AM IST

DRI to celebrate 67 yrs of service: Fortifying India's economic frontlines

DRI must continuously adapt to these evolving trends, inter alia, utilising international collaboration and advanced intelligence-gathering techniques

DRI to celebrate 67 yrs of service: Fortifying India's economic frontlines
Updated On : 03 Dec 2024 | 11:51 PM IST

Healthy land key to regional stability: India at UN desertification summit

Union Environment Minister Bhupender Yadav said the country promotes eco-friendly lifestyles and the use of traditional knowledge in daily life

Healthy land key to regional stability: India at UN desertification summit
Updated On : 03 Dec 2024 | 11:43 PM IST

Rupee recovers losses after hitting new intraday low of 84.76 per dollar

Market participants said that the RBI might have sold around $2 billion today, which helped the domestic currency cut losses

Rupee recovers losses after hitting new intraday low of 84.76 per dollar
Updated On : 03 Dec 2024 | 11:38 PM IST

MPC meet in spotlight amid speculation over Governor Shaktikanta Das' term

Meeting begins on Wednesday against backdrop of Q2 GDP growth slowdown

MPC meet in spotlight amid speculation over Governor Shaktikanta Das' term
Updated On : 03 Dec 2024 | 11:27 PM IST

EPFO's investible corpus more than doubled in 5 years to Rs 24.75 trillion

Number of active contributing subscribers grew by 7.6 per cent to 73.7 million in FY24 from 68.5 million in FY23

EPFO's investible corpus more than doubled in 5 years to Rs 24.75 trillion
Updated On : 03 Dec 2024 | 11:23 PM IST

India's market capitalisation-to-GDP ratio third-highest despite correction

The current ratio is slightly lower than the all-time high ratio of 154 per cent at the end of September this year. It is the highest on record after December 2007 and September

India's market capitalisation-to-GDP ratio third-highest despite correction
Updated On : 03 Dec 2024 | 11:18 PM IST

Corporation and personal income tax collections decline in October

Festival month saw 12% dip in direct tax revenue to Rs 88,293 cr

Corporation and personal income tax collections decline in October
Updated On : 03 Dec 2024 | 11:09 PM IST