Economy

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

Mospi may use GST data to calculate GDP figures after base year revision

Use of GST data for GDP calculation would be done after base year revision of national accounts

Freebies, declining central grants: Himachal's uphill task to fix finances

State has announced it will impose electricity consumption cess and defer salaries of ministers for two months

PM Modi to release first instalment of central aid for new rural homes

This would be over and above the almost 26 million houses already built across the country in the last 10 years

ESIC new member addition increase by 13.32% to 2.25 million in July

According to the statement, 56,476 new establishments have been brought under the social security ambit of the ESI Scheme in the month under review

FinMin extends exports incentive schemes to exports through courier

The e-commerce business in India has seen exponential growth over the last decade and is expected to witness a steep increase in revenues in the coming years

Govt removes MEP on basmati rice, onion; tightens stock limit on wheat

The MEP of basmati rice was first imposed last year at $1,200 per tonne before it was lowered to $950 per tonne

Is the drop in MGNREGA work demand a sign of improving rural job markets?

Civil society activists and people working on the ground, however, believe that the decline in work demand is artificially created due to fund shortages for the programme

Outward FDI increases to $3.2 billion in August 2024, shows RBI data

Equity commitments more than double Y-o-Y to $1.14 bn

TN CM Stalin concludes US tour, govt signs pacts worth over Rs 7,000 cr

In total, the state government has inked pacts totally worth Rs 7,616 crore with 18 companies during the Chief Minister's official US tour to attract investments

Govt extends anti-subsidy duty on Chinese pesticide chemical for 5 years

The decision followed a recommendation of the commerce ministry's investigation arm DGTR for continuation of the duty on the imports of 'Atrazine Technical' from China

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

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

Crude oil prices drop by 21% since March, but fuel costs continue to sting

With inflation easing and elections around the corner, speculation is growing that petrol could become cheaper by Rs 10 per litre and diesel by Rs 6-8 per litre

Have distance to cover on inflation, can't look other way: RBI Governor

Central bank in no rush to cut rates as projections say inflation is moderating, says Shaktikanta Das

'India's growth potential is above 7.5%': RBI Governor Shaktikanta Das

At a Singapore forum, RBI Governor Shaktikanta Das projected that India has a growth potential of at least 7.5%, slightly above the RBI's official 7.2% forecast for 2024-25

PM E-DRIVE brings relief to EV industry, but lacks FAME-level incentives

Subsidy reduced because they can't be sustained indefinitely: MHI