Page 249 - Economy

RBI curating the liquidity landscape for a potential rate cut this year

As the RBI takes steps to address both short-term and durable liquidity concerns, the focus now shifts to whether these measures can create the right conditions for rate cut transmission

India's factory activity growth hits 6-month high, January PMI at 57.7

The index has been above the 50-mark separating expansion from contraction since July 2021

Centre vows to avoid protectionist signals on trade: Finmin official

India has been trying to placate the Trump administration after it accused the South Asian nation of maintaining very high tariffs that hurt prospects for American firms

Almost all of govt borrowing going for asset creation: FM Sitharaman

Sitharaman spoke on issues ranging from the theme of the Budget to income tax relief and challenging geopolitical environment

Made sure we're ready for 'Make in India, for the world': FM Sitharaman

"The Prime Minister decided that we need to recognise the taxpayers and their contribution, and if there's a way in which we can reward them, we should. Yes, it will lead to consumption"

Revised Customs duty now closer to Asean average: CBIC Chairman Agarwal

Sanjay Kumar Agarwal spoke about the need to amend rules in the Central Goods and Services Tax Act to overturn the Supreme Court's (SC's) order in the Safari Retreats case

There is no plan to phase out old tax regime: CBDT Chairman Ravi Agrawal

Agrawal discussed a range of topics, including framing of tax proposals, and why he feels most taxpayers would opt for the new tax regime

Maritime fund to spur Rs 1.5 trn investment by 2030: Sarbananda Sonowal

The Rs 25,000 crore MDF will give a strong start to India's shipbuilding journey tells Sonowal

No immediate impact of Pay Commission on FY26 Budget: Expenditure Secy

Govil spoke about issues ranging from Unified Pension Scheme (UPS) and pay commission to continued thrust on capital expenditure

Maintaining capex at over 3% is a good benchmark: DEA Secy Ajay Seth

Seth explains the rationale and the Budget fine print

Tax incentives will not lead to inflation: Revenue and Finance Secretary

He is confident of the government achieving 14.4 per cent growth in income-tax collection even after forgoing Rs 1 trillion revenue

India in wait-and-watch mode as US President Trump unleashes trade war

Even though Trump has repeatedly labelled India a high-tariff nation, he has yet to take action against New Delhi

India Inc looks to navigate US President Donald Trump tariff storm

Some sectors hoping to cash in on the likely void created by Canada, Mexico, China

Indirect Taxes: Budget 2025 boosts domestic manufacturing, eases tax burden

The Budget supports the government's pledge to reduce tax burden and move towards a trust-based tax framework

Statsguru: Budget 2025-26 pushes demand, caps capital expenditure

A key driver of this effort is a demand push through cuts in personal income tax rates under the new tax regime

Income tax relief to boost demand, drive investment: DEA Secretary

The Economic Survey projected a growth rate of 6.3-6.8 per cent for 2025-26 on the back of a strong external account, calibrated fiscal consolidation and stable private consumption

Mansukh Mandaviya praises Budget's social security steps for gig workers

Lauding the decision, Mandaviya, hailed the government's commitment to ensuring the well-being of over one crore gig workers across the country

I-T relief fuels consumption Budget: FM focuses on agri, MSMEs, exports

FM Sitharaman targets FY26 fiscal deficit at 4.4% of GDP

FM cites India's fiscal discipline as key to Moody's unchanged ratings

Moody's Ratings on Saturday ruled out an immediate upgrade of India's sovereign rating despite the government's efforts to manage its finances prudently

Budget 2025: Govt plans to reduce debt-to-GDP ratio to 47.5-52% by FY31

The six-year roadmap until FY31 aims to bring down the debt-to-GDP ratio to a range of 47.5-52 per cent from 57.1 per cent in FY25