Page 533 - Economy & Policy News

Basmati rice minimum export price review still under consideration: Centre

Some traders said FOB export price of Indian basmati near the MEP, while others oppose

New angel tax regime: No scrutiny of recognised startups, says CBDT

The angel tax is on the amount received by a company above the fair market value as income

For Indian solar manufacturers battling Chinese threat, PLI brings hope

The pursuit of market share by Indian solar manufacturers amid Chinese threat is stuck in a dark tunnel. Is PLI the light at the end?

Parl panel reviews changes in wildlife protection, forest conservation laws

The Congress leader pointed out that the standing committees can embark on study tours for a maximum of 10 days in a year

Multilateral action needed to fight economic coercion by China: Report

Former Australian foreign minister Julie Bishop at the Ditchley conference, stressed the importance of major powers' taking joint action to fight its pressure

The new pitch for bond dealers to bat on

Treasury managers are padding up for the new norms for the classification, valuation and operation of investments

Investment bankers see highest fee income at $968 million in Jan-Sept

Private equity-backed M&As amounted to $11.1 billion, down 58.1 per cent from a year ago, and the lowest first nine months period by value since 2020

Rice traders demand flat export duty of $80 per tonne on parboiled rice

On Friday, the government had extended the 20 per cent duty on parboiled rice exports until March 24

FTA pact with UK critical for India's ambition to become mfg powerhouse

Officials of India and the UK are holding hectic parleys to conclude the negotiations for the FTA. The talks were launched in January 2022

Committee in PLI scheme approves Rs 1,000 cr disbursement to beneficiaries

The government disbursed Rs 2,900 crore till March 2023, out of claims worth Rs 3,400 crore received under the scheme, which aims at boosting domestic manufacturing, creating jobs

Passenger handling increases by 22% to 460,000 in Sept in Guwahati airport

The international airport also handled almost 4,000 air traffic movements in September, which is 19 per cent higher than that (3,216) in that month in 2022, he said

World's higher-for-longer rate era stokes worry among finance officials

Debt levels are at record high levels at the same time that we're in this higher-for-longer interest-rate environment, said Gita Gopinath, No 2 official at IMF

Govt maintains basmati rice floor price as grain export curbs continue

India imposed a $1,200 per ton minimum export price (MEP) on basmati rice shipments in August to calm local prices ahead of key state elections

ADB joins hand with Bengal govt to study economic corridors' development

The study aims at "strategising economic development across the nodes of Andal-Panagarh, Kharagapur-Goaltore-Salboni and growth centres such as Siliguri, Dankuni and Kalyani

Govt looking at eligibility criteria for direct overseas listing of firms

The official said the ministry is in discussions with finance ministry as well as other stakeholders to finalise the rules for Indian companies to list overseas

Middle-East conflict raises fuel price concerns, says FM Sitharaman

Sitharaman is on an official visit to Marrakech, Morocco, to attend the IMF-World Bank Annual Meetings 2023

G20 finance ministers and central bank governors adopt crypto road map

Crypto Asset Reporting Framework exchanges to start from 2027

Weekly India-UK FTA meets taking place, ironing out differences: Govt

The government is working on an import management system - laptops, tablets, and other IT hardware - and it will come into effect on November 1

Export contraction narrows in September; govt sees 'green shoots'

Outbound shipments fall 2.6%; imports decline 15%

GST regime altered contours of fiscal federalism in India: Debroy

"This is at times cited as a restriction on the powers of the states," he said, adding that it is equally a "restriction" for the central government