Page 294 - Economy

Govt initiatives like PLI helping attract foreign investors in India: CII

CII Director General Chandrajit Banerjee said that the government's increased investments in infrastructure such as roads, railways and ports are making the domestic industry more competitive

Rajasthan govt to train NREGA, agricultural workers for better livelihoods

Under the scheme, one adult member from families who have completed at least 100 days of employment under the NREGA programme would be trained

Tariffs on India will lead to trade war: US Congressman-elect Subramanyam

Ahead of his election as US President, Donald Trump had taken a potshot at India's tariff structure and talked about imposing reciprocal tax on countries like China and India

Trade between 2 nations $15 bn: India-Brazil Chamber of Commerce official

Speaking to ANI on Sunday, Gomes also highlighted Prime Minister Narendra Modi's strong relationship with Brazil President Luiz Inacio Lula da Silva

Laptop import cut of 5% in works; govt wants no supply disruption

The caveat assumes significance in context of the govt's announcement of its plan in Aug 2023 to issue licences for import of select IT hardware products to reduce the country's dependence on China

India's FTA with Oman hits deadlock over revision in market access offer

Government officials said that the negotiations were completed earlier in March and revising India's offer would mean restarting inter-ministerial consultations to firm up India's revised stance

Manufacturing slump likely to hit India's Q2 GDP growth to six-quarter low

During the June quarter of FY25, the economy grew 6.7 per cent

Rio declaration? Battle lines drawn over wars in Ukraine, West Asia

Brazil has adopted the theme "Building a Just World and a Sustainable Planet" for its presidency, with a focus on fighting hunger, poverty, and inequality

India's smartphone exports surpasses $2 bn mark in Oct, sets new record

In 7 months of FY25, total outbound shipments breach $10 bn on the back of iPhones

India's FTAs not paused, all talks progressing as per schedule: Official

"All our FTAs, whether it is with the EU or UK, all are progressing as per the schedule," the official said

WEF to focus on 'collab for intelligent age', over 100 from India to attend

Several sessions are expected to be attended by Indian leaders, including one on 'India's Economic Blueprint'

Retail tomato average price declines by 22.4% on improved supplies: Govt

The all-India average retail price of tomatoes stood at Rs 52.35 per kg on November 14, down from Rs 67.50 per kg on October 14, according to an official statement

RCEP benefits minimal for India due to China's opaque trade practices: GTRI

It added that in a bilateral free trade pact with China, India could delay tariff reductions, but under RCEP, Chinese goods can enter India easily through other RCEP countries with minimal processing

India's economy strong, inflation moderating, says RBI Governor Das

He said that the country's external sector is also strong and our current account deficit has remained within manageable limits and stood at 1.1 per cent

IMF flags Pak's tax shortfall among major concerns in $7 bn loan package

IMF mission flagged two major concerns on Friday: the Federal Board of Revenue (FBR) 's underperformance and a delay in finalising the loans to fill the $ 2.5 billion gap

NFRA gets legal opinion on ICAI's powers to issue audit standards

'Only govt can take final call on audit standards'

European Union corners India, developing world over carbon tax at COP29

The tax, or CBAM, is to be imposed by EU in 2026 on products whose manufacturing processes do not follow certain emission standards

India-China bilateral trade hits $10.7 billion in October, contracts 0.46%

Out of India's top 10 import partners, inbound shipments from the United Arab Emirates (UAE) grew at the fastest pace in October

Moody's says Indian economy in 'sweet spot,' predicts 2024 growth of 7.2%

India's real GDP expanded 6.7 per cent year-on-year in the June quarter of 2024, driven by a revival in household consumption, robust investment, and strong manufacturing activity

India Inc capex slows down marginally to Rs 9.4 trn in FY24: Care Ratings

This is mainly because of poor data for Q1FY25 due to election-related restrictions and uncertainties