Page 676 - Economy & Policy News

Shrimp exports to witness 5% revenue growth in FY24: Crisil Ratings

India's shrimp exporters are expected to witness 5 per cent growth in revenue in 2023-24, mainly driven by an increase in demand from China, a report said on Tuesday

Emerging economies must step up to fix global challenges: FM Sitharaman

She was speaking with the members of the Indian diaspora in Seoul, South Korea, on the sidelines of the annual meeting of the Asian Development Bank

In Rail Vikas Nigam, India gets its 13th Navratna in nine years

Earlier, RVNL was in the Miniratna category - I and a schedule 'A' CPSE under Ministry of Railways which recorded an annual turnover of Rs 19,381 crores and net profit of Rs 1087 crores

MSSC: 7.5% interest rate attractive but no tax benefit a dampener

However, this scheme for women offers no tax benefit and is subject to potential reinvestment risk

Services exports rose 13.1% on year to $30.48 billion in March: RBI data

As per the government's first preliminary estimates released in mid-April, services imports stood at $14.05 billion in March, while services exports were at $27.75 billion

Private sector likely to get limited access to Gati Shakti portal

DPIIT prepares draft framework for data sharing

Elections to ethanol blending: Sugar production drop weighs on stakeholders

The government reportedly considering a blanket ban on exports to cool down prices

Audit trail: 5 years of NFRA cracking the whip

The regulator has pulled up erring chartered accountants and firms, but is its work having an impact?

Retail inflation affected bottom 20% of rural India more, shows CRISIL data

The impact of inflation on different income classes depends on their consumption pattern and the weight of those items in the consumer price index

Record GST collection but IGST on imports fell 5% on lower commodity prices

If this trend continues, the decline in IGST might indicate weak customs duty collections in FY24

Indian start-ups distance themselves from IAMAI, call it 'pro-Big Tech'

Say the association is led by executives of tech majors and favours these firms

India's exports to Latin America likely to be highest in a decade in FY23

Exports crossed $16 billion as of February; trade deficit shrinking from pre-pandemic levels

Iran calls for increased use of national currencies in trade with India

Iran's Secretary of the Supreme National Security Council (SNSC) Ali Shamkhani added that improved Iran-India ties are not against any other country and are not affected by the will of third parties

Implosion of India's tech startups reveals fundamental flaws in the system

By some estimates, 92 companies in the sector have laid off over 25,000 employees since the beginning of the year

IMF pins hope on India for global economic revival in, says report

International Monetary Fund (IMF) pinned its hopes on India for global economic revival as it continues to remain a relative "bright spot" in the world economy, Asia Lite reported.

Govt cuts windfall tax on petroleum crude to Rs 4,100/tonne from Rs 6,400

The government left the windfall tax on petrol, diesel and aviation turbine fuel at zero

Tracking the economic indicators: Oil imports from Russia make a new record

US supplies were one the biggest casualties of Russian inroads into India's crude oil market

Easing the process: Guidelines for NCLT to deal with IBC cases in the works

MCA also planning artificial intelligence system for case management

India's coal output rises 8.67% YoY to record 73.02 mn tonnes in April

India's coal production rose 8.67 per cent year-on-year to record 73.02 million tonnes in April this year

Record GST collection in April is 'great news' for economy: PM Modi

Prime Minister Narendra Modi on Monday said the highest ever monthly GST collection of Rs 1.87 lakh crore in April is a "great news" for the Indian economy