Business Standard

Economy

Rs 35K cr electronic parts PLI plan afoot to give sub-assemblies a leg up

Under the scheme, identified sub-assemblies include camera modules, display assemblies, mechanical parts, battery packs, battery chargers, and vibrators

Rs 35K cr electronic parts PLI plan afoot to give sub-assemblies a leg up
Updated On : 20 Jul 2024 | 12:32 AM IST

India's agriculture exports drop 3% to $5.88 bn in Q1 on Red Sea crisis

Rice exports have also been constrained by export controls on certain varieties of the grain including non-basmati rice imposed by India

India's agriculture exports drop 3% to $5.88 bn in Q1 on Red Sea crisis
Updated On : 19 Jul 2024 | 11:46 PM IST

Exports to top-10 nations grow faster than overall figures in Q1 FY25

After witnessing a 3 per cent contraction in the financial year 2023-24, outbound shipments from India saw positive growth in the three consecutive months

Exports to top-10 nations grow faster than overall figures in Q1 FY25
Updated On : 19 Jul 2024 | 11:43 PM IST

Govt sets up 22-member panel for base year revision of price indices

Besides, the panel is also slated to examine schemes prepared by the central and state governments for the construction of the price indices

Govt sets up 22-member panel for base year revision of price indices
Updated On : 19 Jul 2024 | 11:40 PM IST

India flags high trade deficit in policy review meet of China in WTO

Participating at the WTO's trade policy review meeting of China this week, India hoped that China will support issues concerning the Global South

India flags high trade deficit in policy review meet of China in WTO
Updated On : 19 Jul 2024 | 11:24 PM IST

From T V Somanathan to Vivek Joshi, meet FM Sitharaman's Budget team

The July 23 Budget, coming after the general elections, would be watched for coalition compulsions, electoral lessons

From T V Somanathan to Vivek Joshi, meet FM Sitharaman's Budget team
Updated On : 19 Jul 2024 | 11:23 PM IST

Customs clearance time for imports drops 6% at air cargo complexes: CBIC

For imports, the study has noted that, out of the 15 ports covered under the purview of the study, 9 ports have witnessed a reduction in the average release time in 2024 vis-a-vis the previous year

Customs clearance time for imports drops 6% at air cargo complexes: CBIC
Updated On : 19 Jul 2024 | 11:22 PM IST

Budget for agri research needs to be doubled to widen impact: Paper

Eminent agriculture economist Ashok Gulati is the chief editor of the bulletin which comprises of chapters written by various experts

Budget for agri research needs to be doubled to widen impact: Paper
Updated On : 19 Jul 2024 | 11:06 PM IST

Global tech outage: 10 banks, NBFCs witness minor disruptions, says RBI

Overall Indian financial sector remained insulated from the global outage

Global tech outage: 10 banks, NBFCs witness minor disruptions, says RBI
Updated On : 19 Jul 2024 | 10:34 PM IST

Union Budget 2024-25: Three macro puzzles and policy implications

Why is consumption soft, employment growth weak, and core inflation low, when the economy is apparently growing strongly?

Union Budget 2024-25: Three macro puzzles and policy implications
Updated On : 19 Jul 2024 | 9:44 PM IST

Goyal likely to attend Brics trade ministers' meeting in Moscow on July 26

It is a grouping of major emerging economies of the world, comprising over 40 per cent of the world population and accounting over 16 per cent in the global trade

Goyal likely to attend Brics trade ministers' meeting in Moscow on July 26
Updated On : 19 Jul 2024 | 8:21 PM IST

Budget 2024: Defining trajectory pathways for Viksit Bharat@2047

Competitive federalism can install accelerators in key sectors

Budget 2024: Defining trajectory pathways for Viksit Bharat@2047
Updated On : 19 Jul 2024 | 7:30 PM IST

Business confidence index improves to 150 in Q1 FY25 from 138 in Q4 FY24

The majority of firms continue to expect the prospects of employment in the next six months of both skilled and unskilled or casual and permanent workers to remain the same as in the past three months

Business confidence index improves to 150 in Q1 FY25 from 138 in Q4 FY24
Updated On : 19 Jul 2024 | 7:22 PM IST

Forex reserve jumps by $9.70 billion to all-time high of $666.85 billion

In the previous reporting week, the kitty had increased by $5.158 billion to $657.155 billion, surpassing the previous high of $655.817 billion for the week ended June 7

Forex reserve jumps by $9.70 billion to all-time high of $666.85 billion
Updated On : 19 Jul 2024 | 6:35 PM IST

Foreign banks lead as largest investors in debt, says RBI report

It says their investments surpass net inflows into JP Morgan index-eligible bonds

Foreign banks lead as largest investors in debt, says RBI report
Updated On : 19 Jul 2024 | 5:21 PM IST

CBDT extends tax relief for SWFs, pension funds to March 31, 2025

With the changes, the funds can now enjoy exemption from tax on dividend income, interest income, or long-term capital gains tax arising from investments made in India

CBDT extends tax relief for SWFs, pension funds to March 31, 2025
Updated On : 19 Jul 2024 | 4:48 PM IST

With growth steady, policy must focus on inflation: RBI Governor Das

In the last three years, the average growth of India has been 8.3 per cent, he said

With growth steady, policy must focus on inflation: RBI Governor Das
Updated On : 19 Jul 2024 | 2:39 PM IST

Budget 2024: Agri sector's wish list for developed, self-reliant India

The Budget is an opportunity for the government to create an agricultural sector that will ensure food security and economic prosperity for the nation

Budget 2024: Agri sector's wish list for developed, self-reliant India
Updated On : 19 Jul 2024 | 12:31 PM IST

Citigroup expects India to attract $100 billion in foreign Investments

Apart from climate transition, India's forays into electronics and infrastructure-related manufacturing are gaining prominence with investors abroad, an expert said

Citigroup expects India to attract $100 billion in foreign Investments
Updated On : 19 Jul 2024 | 7:38 AM IST

India put up tariff walls. To revive factories, it must bring them down

The jobs crisis in the most-populous nation has assumed alarming proportions. Young graduates are nine times more likely to be unemployed than those who can't read or write

India put up tariff walls. To revive factories, it must bring them down
Updated On : 19 Jul 2024 | 7:26 AM IST