Economy

Low crude prices: Refiners place spot orders from West Asia in September

Brent crude prices fell to a 33-month low last week amid oversupply concerns

Banks, FIs to invest Rs 32.5 trillion in renewable energy by 2030: Centre

Industry leaders pledge close to 570 Gw of renewable energy capacity addition

DGGI suggests info-sharing with foreign governments, blocking websites

The GST intelligence wing said that unique challenges in tax enforcement in this sector necessitate out-of-the-box interventions to plug revenue leakage

Draft affiliation norms ease the compliance burden for 'new-age ITIs'

A private organisation or a public sector enterprise can open a 'New Age ITI' or can adopt and transform an existing ITI into a New Age ITI

SCI divestment process may spill over to FY26 amid 'documentation issues'

Centre struggles to resolve 'documentation issues' with Maharashtra government

4th RE-Invest summit: 100-day work shows our priorities, says PM Modi

PM highlights approval to building 12 industrial smart cities, Rs 1 trn fund to promote innovation, EV initiatives

Facts need to be taken on board: FM Nirmala Sitharaman on Buch row

FM said that Buch, along with her husband, had answered quite a few of the allegations levelled against her by the Congress party and have put forth the facts

Rupee has been among the least volatile currencies since 2023: RBI governor

Our stated policy is to prevent excessive volatility of the rupee, said Reserve Bank of India governor Shaktikanta Das

Volatile price and polls likely behind rejig of duties, export cap

The Central government in a slew of measures late last week eased some of the export curbs on key commodities

Record Rs 81,875 crore GST evasion detected in online gaming in FY24

In terms of sectors, online money gaming was followed by the BFSI sector, which saw Rs 18,961 crore evaded in 171 cases

Jan-Dhan accounts: A new option for state-owned banks to mobilise deposits

Following this, many banks are exploring previously untapped areas to mobilise deposits while choosing not to engage in an interest rate war

India's steel companies look forward to recycle mandate for automakers

Proposed mandate will help steel scrap availability and in reducing emissions, they say

Census likely to be held soon; no decision yet on caste column: Report

The first phase of this decade's census was expected to begin on April 1, 2020 but had to be postponed due to the Covid-19 pandemic

Tamil Nadu restaurant saga: Ambiguity over GST food rates in spotlight

The GST rates on goods are based on the harmonised system of nomenclature (HSN) codes

UPS: Understanding the fiscal implications of govt's new pension scheme

The UPS is seen to be different from OPS since it is funded every year and the burden does not fall on future governments.

Govt's subsidised onion sale brings relief, prices drop in major cities

The government initiated the sale of onions at a subsidised rate of Rs 35 per kg through mobile vans and outlets of NCCF

Sebi, RBI and Irdai: How financial regulators are appointed, removed

Tenures across organisations often range from three to five years with the possibility of reappointment

India's forex reserves rise $5.25 billion to new peak of $689.24 billion

The overall kitty had jumped by $2.299 billion to a record $683.987 billion for the previous reporting week

Explained: Are details of income-tax return filings confidential?

Experts cited that disclosing an individual's income tax returns constitutes a violation of their fundamental right to privacy as recognized by the Indian Constitution

Centre in talks with coastal states on shipbuilding clusters in India

Ministry launches maritime arbitration centre, policy think-tank