Economy

Centre to extend sugar export ban to boost local supplies, ethanol output

New Delhi also plans to raise the price at which oil companies buy ethanol from sugar mills as part of efforts to boost supplies of the biofuel, said the sources

Nabard to tap global agencies to set up carbon fund: Chairman Shaji K V

According to a recent study by the Coalition for Disaster Resilient Infrastructure (CDRI), globally, assets worth nearly $800 billion are getting affected on an annual basis due to climate change

RBI may shift to neutral stance as monsoon eases food inflation concerns

Monsoon progress brightens food inflation outlook

Veg thali cost drops 8% in August, driven by low tomato prices: Crisil

Non-veg thali costs also reduced by 12% due to lower tomato prices, a kitchen staple in India, as well as reduced vegetable oil, spices, and fuel costs

IMEC to cut logistics costs and boost maritime security, says Piyush Goyal

IMEC aims to boost economic development by fostering connectivity and economic integration between Asia, the Persian Gulf, and Europe

Transfer of leasehold land: Authorities may have upper hand in GST levy

When a company sells its rights to leasehold land to a third party for the remaining lease term, the transaction typically attracts stamp duty

DST NIDHI scheme led to over 1,200 tech-based products, 233 patents

NIDHI-EIR programme provides opportunities for innovative entrepreneurs to expand their networks and get critical feedback on their ventures to promote their entrepreneurial career goals, aspirations

Federal Reserve gets green light on rate cuts as US job growth disappoints

The three-month average monthly payroll rise is now down to 116,000, far less than the 200,000 that analysts say is needed to meet current job-growth needs in a population that has swelled through imm

US hiring rebounds slightly, unemployment rate dips amid slowing job market

Collectively, Friday's figures depict a job market slowing under the pressure of high interest rates but still growing

Maharashtra leads FDI with Rs 70,795 cr in Q1FY25, Karnataka a distant 2nd

Maharashtra has held the top spot in foreign direct investment (FDI) for the past two years. Karnataka followed at a distant second, with FDI totalling Rs 19,059 crore

Many Scheduled Caste sub-categories have limited urban presence in Punjab

In the last of a three-part series, Business Standard looks at Punjab's Scheduled Caste population and inter-group variance on key parameters

High-level delegation of US pension funds to visit India next week

These funds with $1.8 trillion AUM are looking to bet big on India

Meta, Telangana govt partnership for e-gov, citizen svcs leveraging AI tech

Meta will partner with the Telangana government to enable deployment of e-governance solutions leveraging Meta's open-source generative AI technologies including the latest 'Llama 3.1 model'

GST relief on health insurance: Council likely to take up 4 options

Expected cost to exchequer likely between Rs 650 crore and Rs 3,500 crore

Spending lag, capacity issues behind govt's capital expenditure push

The growth slowed to a five-quarter low of 6.7 per cent year-on-year (Y-o-Y) in the April-June quarter

Rupee inches closer to 84 against dollar on high greenback demand

Closes at new loan of 83.99/$

Companies raise concerns over subsidy refund in proposed ELI scheme

Companies oppose the requirement for employers to refund subsidies if employees leave within 12 months

Soon, tyre companies to pay for flouting waste management guidelines

These measures aim to enhance accountability and ensure proper waste tyre disposal. However, sector experts say while monitoring compliance is difficult, the real challenge lies in enforcing the law

Foreign portfolio investors turned net buyers in second half of August

After regaining their risk appetite, FPIs pumped money into consumer durables and information technology (IT) stocks. Power and metals stocks saw the maximum net outflows

Piyush Goyal for border adjustment tax to safeguard steel industry

Union Commerce and Industry Minister Piyush Goyal's statement comes at a time when the steel industry is seeking protection from imports at predatory prices