Page 213 - Economy & Policy News

Govt withdraws gold monetisation scheme, short-term deposits to continue

This decision comes after a comprehensive review of the scheme's performance and evolving market conditions

11,000 exporters avail benefits under interest equalisation scheme: Govt

In competing countries, the interest rate is very low. For instance, the central bank rate in 2025 is 3.1 per cent in China, 3 per cent in Malaysia, 2 per cent in Thailand, and 4.5 per cent in Vietnam

Taxmen to assess only undisclosed income in search cases: Finance Bill

The amendment, which was approved by the Lok Sabha on Tuesday, will be made effective retrospectively from September 1, 2024

Indian bond yields stable after record state debt sale, RBI purchase

Indian states raised Rs 722.55 billion ($8.43 billion) through a sale of bonds, the biggest amount ever to be borrowed via a single auction

FTA negotiations: India playing it on the front foot against New Zealand

With elections likely later this year, and given India's influence in the Indo-Pacific, a trade deal is important for the island nation, even more given the turmoil in global trade

New Income Tax Bill set for discussion in monsoon session: Sitharaman

The Select Committee has been mandated to submit its report by the first day of the next session of Parliament

S&P cuts India's FY26 GDP growth forecast to 6.5% amid global strains

The forecast assumes that the upcoming monsoon season will be normal and that commodity- especially crude-- prices will be soft

India eyes tariff cut on $23 bn of US imports, to shield $66 bn in exports

Under the deal, India is open to reducing tariffs on 55 per cent of US goods it imports that are now subject to tariffs ranging from 5 per cent to 30 per cent

India must tread carefully in US trade talks amid legislative risks: GTRI

It also said that the certification process allows the US to effectively re-negotiate the trade agreement after it is signed

India, Singapore join hands for Green and Digital Shipping Corridor

Sonowal is on a three-day visit to Singapore and is attending the maritime week which is expected to see participation from 20,000 delegates

Here's why India's confidence about Trump's trade tariffs is deluded

Indeed, if anybody nourished a vague hope that Trump would fail to impose tariffs on Indian exports, the man himself dashed them last week

'Enablers of economic boom': Tamil Nadu govt bets on welfare schemes

At the Business Standard Tamil Nadu Round Table 2025, Industries Minister T R B Rajaa explained the scheme's purpose and the role the State Planning Commission (SPC) had played in its implementation

Committed to 'productive, balanced' trade ties with India, says US 

It is learnt that the discussions will hammer out the details of the proposed BTA, with the aim to finalise the contours of the deal. Lynch is also the chief negotiator for the BTA

Softer increase in services sector activity slows flash PMI in March

The index compiled by S&P Global fell to 58.6 in March from February's final reading of 58.8

Govt dividends from CPSEs set to log record Rs 70,000 crore in FY25

Coal India paid the highest at Rs 10,252 cr, followed by ONGC

IMF asks Indian banks to adopt global norms for credit risk management

UN financial agency report released by RBI calls for enhanced supervision of individual loans

FinMin launches BAANKNET, e-BKray to enhance PSU bank e-auctions

The BAANKNET portal is specifically designed to enhance transparency and speed up the process of disposing of non-performing asset cases

US envoy discusses business opportunities with Bihar industries minister

According to a statement issued by the industries department, the envoy appreciated Bihar's development initiatives and investment-friendly environment

India's engineering goods exports dip 8.6%, first fall since April 2024

The industry body said this marked the first drop in monthly shipments of engineering goods since April 2024, ending a nine-month growth streak

Release interim data on 7th Economic Census, House panel tells MoSPI

Data collection for the 7th Economic Census began in 2019 and took two years to complete owing to Covid