Page 634 - Economy & Policy News

US tech companies flag 20 policy barriers in digital trade with India

Say aatmanirbhar push shouldn't lead to discriminatory norms

Statsguru: Modern slavery estimates up 38% for India, shows data

Weaker social protection could be part of the reason, suggests an analysis of data put out in the report

India's net direct tax mop-up rises 11% to Rs 3.8 trillion till June 17

The Advance Tax collections for the April-June quarter of 2023-24 stood at Rs 1,16,776 crore as of June 17, reflecting a growth of 13.70 per cent over the same period last fiscal

Govt reform measures helping Indian economy to grow at faster pace: Goyal

The commerce and industry minister also said that the government has managed the rate of inflation in single digits

US drug shortage a shot in the arm for Indian pharmaceutical companies

Indian pharma to benefit from exit of a few bankrupt generic US firms

New TCS norms on credit card spends: More than a matter of exchange

Money changers are miffed at the tax exemption for credit card forex spends of up to Rs 7 lakh a year under the liberalised remittance scheme

RBI's hygiene step to bring much-needed clarity to FLDG arrangements

Mint Road has pulled the plug on clever financial arrangements between regulated entities and fintechs, with stress on skin in the game

Effect of subsidy cut? Daily e2W sales decline 62% in June, so far

Sales of electric 3-wheelers, cars witness uptick

Expenditure on social sector: Turning social safety nets into trampolines

A look back at welfare spending is the first step to understanding Covid impact absorption and darning holes, if any, in the welfare fabric

India seeks import duty relaxations for basmati rice in FTA with UK

UK levies a tariff per tonne of around £56 on brown rice, and £125 on white rice

EPR for circular economy in discussion to incentivise recycling: official

EPR is a policy approach where producers are made responsible for the treatment or disposal of post-consumer products

PLI scheme nodal agencies under watch as Centre readies for review

Centre mulls strategy to ensure powers given to the agencies are not misused

Corp affairs sec to hold stakeholders' consultations on MCA21 portal issues

The Ministry of Corporate Affairs will hold consultations with stakeholders on issues related to MCA21 portal in Chennai and Hyderabad next week

DoT to make room for 'powerful' regulator in new Telecommunications Bill

The bill, which was released last September, was opened up for wider public consultation. It is now in the final stages

Chamber India to take delegation to global south nations: Abhinav Balyan

The Chamber of Commerce, Sustainable Development and Foreign Relations on Friday said it will be taking delegations to eight global south destinations

India's net direct tax collection till June 15 in Q1FY24 up 11.5%

Advance tax payment up 15% in Q1

Mumbai airport registers 23% rise in passenger footfall in May: CSMIA

Adani Group-owned Mumbai Airport on Friday said it has recorded a 23 per cent year-on-year growth in passenger footfall to 43,43,806 passengers in May, signalling a strong rebound in air travel

SBI presents dividend cheque of Rs 5,740 crore to Finance Minister

State Bank of India (SBI) on Friday paid a dividend of Rs 5,740 crore for the financial year 2022-23 to Finance Minister Nirmala Sitharaman

91% of Indian organisations experienced ransomware attacks in 2023: Report

100% of Indian organisations expect to suffer an identity-related compromise in 2023. 61% anticipate AI-enabled attacks. 80% expect layoffs and workforce churn to create new cybersecurity issues

UK removes countervailing tariff on steel bar, rod imports from India

The UK government has announced the removal of an up to 4 per cent countervailing tariff on stainless steel bars and rods imported from India due to a perceived low impact on local suppliers