Page 552 - Economy & Policy News

The curious case of govt-owned Bank Note Paper Mill's private status

A government-backed JV's legal limbo tests the boundaries of procurement norms

Gross GST collection rises 10.2% to over Rs 1.62 trillion in September

GST collection in the first half of this financial year reported 11 per cent growth to touch Rs 9.92 trillion compared to the same period a year ago

MPC in no rush to change benchmark rate, stance: Business Standard poll

Some expect upward revision in FY24 inflation forecast

RoDTEP issues must be addressed quickly

The RoDTEP scheme was introduced in September 2021 for exports made with effect from January 1, 2021

Indian companies prep for EU's CBAM as transitional phase kicks in

Starting from October 1, the carbon border adjustment mechanism (CBAM) will be applicable to exports of cement, iron and steel, aluminium, fertilisers, and hydrogen to the EU

ATF price increases by 5% in 4th straight hike, commercial LPG up by Rs 209

However, the price of domestic LPG - the one used in household kitchens for cooking purposes - remained unchanged at Rs 903 per 14.2-kg cylinder

UPI growth flat in September, but over 10 billion payments processed

According to data from NPCI, this represented a 56 per cent rise in volume and a 41 per cent increase in value compared to September of the previous year. In September 2022

Gas price for Reliance cut by 18% to $10, in line with international prices

However, the price of gas that is largely used for making CNG for fueling automobiles or piping to households kitchens for cooking purposes will remain unchanged due to a price cap

India's share in exports in labour-intensive sectors declining: FIEO

It added that the most "pressing concern" regarding the negative export growth is the "poor" performance of labour-intensive sectors

20% export duty woes: Parboiled rice exports fall over 80% in a month

Duty woes: Basmati rice exports down 30% from Aug 25 to Sep 20

Odisha's GST collections rose by 12.85% to Rs 4,249 cr in September

The state generated 20.66 lakh waybills in September, as compared to 17.66 lakh waybills during the corresponding period of last year

As new 28% GST on online gaming takes off, gamers brace for impact

Rishi Raj, a Gurgaon-based avid player of online poker, believes that the government has been successful where most of his family failed - getting him to quit the real money game

Punjab has received over Rs 50,000 crore investments in 18 months: CM Mann

The Netherlands is known to be the second largest exporter of agricultural products in the world

Gross GST collection rises 10% to over Rs 1.62 trillion in September

The revenue in September 2023 was 10 per cent higher than the GST revenue of Rs 1.47 trillion in the same month last year, the finance ministry said in a statement

Poorest monsoon in five years likely to dim India's sugar export outlook

India relies on rains to irrigate about half of its farmland, received 820 millimeters (32.3 inches) of rainfall during the June-September monsoon season, 6% less than the long-term

RBI extends last date for exchanging Rs 2,000 bank notes to Oct 7

RBI says 96% of the Rs 2,000 banknotes in circulation as on May 19, 2023, has since been returned

The times they are a-changing for Competition Commission of India

Fair market regulator is getting more powers as its new leadership settles in at work

Bengaluru sees 39% fall in office demand in Jul-Sep: Cushman & Wakefield

Across eight major cities, the absorption of office space fell 13 per cent to 151,18,147 sq ft from 173,76,222 sq ft

Corporate credit ratings stable in H1FY24 despite global headwinds: CARE

Rating upgrades outnumber downgrades in Apr-Sep 23; global slowdown begins to bite export oriented units

Govt hikes domestic natural gas prices to $9.20 per mmBTu from Oct 1

The hike in prices is likely to hurt consumers as the gas distribution companies are expected to increase prices of CNG and PNG