Page 356 - Economy

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

RBI may hold repo rates amid high food prices: Business Standard poll

Most respondents expect rate cuts from Dec; change in stance unlikely

Febi expects to become the go-to agency for EU companies in India

A 2024 survey of German companies in India flagged bureaucratic hurdles, high corruption, and the tax system as the three biggest obstacles to doing business in India

Centre plans tougher ad curbs on liquor makers such as Carlsberg, Pernod

Now they could bring fines for companies and bans for celebrities endorsing tobacco and liquor ads deemed misleading, according to the top civil servant for consumer affairs

Statsguru: Customs duty revisions in Budget aimed to boost manufacturing

The share of Customs duty in India's gross tax receipts has more than halved in the past decade

FinMin asks state-owned general insurers to focus on profitable businesses

Public sector general insurance companies are undergoing various reforms, including organisational restructuring, product rationalisation, cost rationalisation and digitalisation

Unemployment rate fell 1.3 percentage points in July amid uptick in hiring

Unemployment rate stood at 7.9% in July, down from 9.2 per cent reported in previous month

After record profits, state-owned fuel retailers see profit slump in Q1

The three fuel retailers made extraordinary gains from holding petrol and diesel prices despite a drop in cost

Govt committed to fairness, simplicity, equity in tax system: Revenue secy

Revenue Secretary Sanjay Malhotra assured taxpayers that the government aims to simplify and make it easier to understand and make the process as hassle-free as possible

Atmanirbhar shouldn't lead to inefficient import substitution: Ex RBI chief

Former RBI Governor C Rangarajan addressed the 14th Convocation of the ICFAI Foundation for Higher Education on Saturday

RBI intervenes as rupee falls to new low; hits 83.76 against US dollar

The rupee settled at Rs 83.75 per dollar, against Rs 83.73 per dollar on Thursday

Sovereign gold bond redemption value falls over 4% on Budget duty cut

The price is around 4.5 per cent lower than the average price of the week before the Union Budget, which was presented on July 23. Gold prices dropped after a reduction in the basic custom duty

Cabinet approves 8 high-speed road corridor projects worth Rs 50,655 crore

On the new projects, Prime Minister Narendra Modi in a tweet on X said: 'Tranformative' boost to India's infrastructure landscape!

Forex reserves decline by $3.47 bn to $667.386 bn, shows RBI data

The Reserve Bank of India (RBI) intervenes in the foreign exchange market to curb excess volatility in the rupee