Page 355 - Economy

Retail inflation for industrial workers eases to 3.67% in June: Govt

"Year-on-year inflation for the month of June 2024 moderated to 3.67 per cent as compared to 5.57 per cent in June 2023," a Labour Ministry statement said

Trade via Bengal land ports disrupted amid political unrest in Bangladesh

Bangladesh is India's largest trade partner in South Asia, and India is the second-largest trade partner for Bangladesh in Asia

India-Bangladesh trade headed for uncertainty after Hasina's resignation

Bangladesh is also a key destination for Indian auto exports, alongside African and Latin American countries

Rajasthan govt plans to bring an investor-friendly industrial policy soon

The new policy will aim to set up theme-based industrial parks and hassle-free goods transportation

Crisis in Dhaka: Bangladesh textile biz may move to hubs like Tiruppur

India likely to see volume of such exports inflate by $400 mn per month

Opposition slams government over 18% GST on life and health insurance

Sources in the TMC said that its MPs have raised the issue in Parliament and their party chief, WB CM Mamata Banerjee, has written to FM Nirmala Sitharaman on the matter

Chatroom: EGM proof required under IGST Rate Notification 41/2017

Rajagopalan answers readers' SME queries related to GST, export and import matters

Rupee at new low of 83.85 against US dollar, bonds gain on global cues

Market participants said that the local currency might gradually depreciate to Rs 84 per dollar in near term

'India's bilateral trade to face issues as Bangladesh crisis deepens'

The neighbouring country has been witnessing fierce demonstrations over the controversial quota system that reserves 30 per cent of jobs for the families of veterans who fought the 1971 liberation war

Viksit Bharat a vision document in work for a developed India by 2047: Govt

Viksit Bharat is a vision document that is under preparation...As Viksit Bharat is not a project, therefore, provision of financial assistance to states does not arise, Rao Inderjit Singh said

New shipbuilding scheme to incentivise Indian shipyards till 2035

Responding to question on govt's plan for green shipping, Ramachandran said ministry will provide 30 per cent financial assistance for vessels where main propulsion is achieved by means of green fuels

Vision India 2047: Revolutionising the civil service for a new era

As India grapples with its unique set of issues and embarks on its journey to become a developed country, comprehensive reforms in the civil service are increasingly imperative

Services activity growth slows, yet remained solid in July: PMI data

Moreover, cost pressures remained elevated, pushing up selling-price inflation to a seven-year high in July, which also saw stronger job creation

Indian economy to grow at 7-7.2% in current fiscal year: Deloitte

Key contributing factors include the continuity in domestic policy reforms, reduced uncertainties in the US post-elections, and more synchronous global growth

India's services growth remains robust even as it slows a tad in July: PMI

While there was a slowdown in growth, business activity has remained above the neutral mark of 50.0

RBI monetary policy from August 6-8: when and where to watch; more details

According to a poll conducted by Business Standard ahead of the meeting, the central bank is expected to maintain a status quo for the ninth consecutive policy review

Viksit Bharat needs a new paradigm: Reforming the thinking behind policy

The time has come to imagine the contours of a new paradigm of progress

India seeks duty concession on cars, machinery in FTA with Sri Lanka

The 14th round of talks between senior officials of India and Sri Lanka was concluded recently in Colombo

Relief for homeowners likely as finance ministry may modify LTCG regime

FinMin reviews new LTCG regime after 12.5% tax without indexation sparks concerns over property transactions

India free-trade agreement with Oman hits market-access roadblock

Differences over access to petrochemical products major bone of contention