Page 513 - Economy & Policy News

FM Nirmala Sitharaman pitches for economic integration with Sri Lanka

Sitharaman assured India will continue to work closely with the island nation on debt restructuring discussions and extend support for its economic recovery

Two-pillar tax deal can help countries but needs a rejig to suit India

Tax in the time of digital

Self-regulation does not work well in preventing frauds, says Sebi WTM

Amarjeet Singh says 16 working groups looking to simplify regulations

Govt weighs local tax options to avoid EU carbon levy: Piyush Goyal

"We will find a solution around a domestic tax to take care of equating with European taxes on carbon emissions," he said at an industry event

India becoming favoured destination for FDI in infrastructure sector: Govt

Speaking at an event organised by the India Infrastructure Finance Company Ltd (IIFCL) in London, Joshi said flagship initiatives like the National Infrastructure Pipeline

India will work closely with Sri Lanka to deepen civilisational ties: FM

India, the Finance Minister said, had rendered an unprecedented financial assistance of over $4 billion for the people of Sri Lanka

India, United Kingdom negotiations for proposed FTA going on, says Official

"Talks on the 13th round is underway virtually. We have not talked about any deadlines to conclude talks," the official said

Notable growth in coal sector due to rise in output of fossil fuel: Govt

"Coal production in the country, during current FY (till 28.10.23) has shown a growth of 12.81 per cent compared to same period last year," the coal ministry said in a statement

Abu Dhabi considering investment pledges worth $50 billion for India

Provisional pledges from the UAE could be announced early next year, people familiar with the matter said, asking not to be named as the information is not public

Festival season momentum lights up domestic PV sales, GST collection

PV sales climb new peak for 3rd straight month; GST mop-up at Rs 1.72 trn

Centre may moderate FY25 disinvestment target amid limited asset sales

The FY24 Budget Estimate of Rs 51,000 cr expected to be halved

Record number of over 7.85 cr I-T returns filed till Oct 31: CBDT data

The Income Tax Department appreciated taxpayers and tax professionals for on-time compliance, resulting in a record number of filing of Income Tax Returns (ITRs) till October 31

Odisha's GST collections rise by 10.81% to Rs 4,176 crore in October

The state had collected a gross GST revenue of Rs 3,769.44 crore in the same month last year, official said

Tech-powered aspirations for Amrit Kaal

A decadal calendar of multiple such technology-powered goals for Amrit Kaal may be essential if Bharat is to realise the Prime Minister's vision of becoming a developed nation by 2047

Govt clears 110 applications for laptop imports, other IT hardware products

As many as 111 applications were received so far seeking authorization for the import of IT products, the official added

Manufacturing PMI at eight-month low in October due to decline in demand

According to the survey, growth eased in October due to competitive pressures despite an increase in new orders

October GST collection rises 13% to Rs 1.72 trn, second-highest ever

Momentum expected to continue amid higher festival-season consumer spending

India's services trade surplus bounces back in Sept quarter of FY24

In the September quarter, services exports hit $83.4 billion while services imports eased to $43.4 billion, leading to a services trade surplus of $40 billion

India may buy Venezuelan crude oil if it's cheap, says Hardeep Singh Puri

India, the world's third biggest oil importer and consumer, ships over 80% of its oil needs from overseas and wants to cut its crude import bill

India, Sri Lanka resume talks for economic & technology cooperation pact

"The ETCA will be a pivotal move to further enhance bilateral trade between the two countries," it added