Page 372 - Economy

Tomato prices surge to Rs 90 per kg in Delhi markets amid supply woes

The rates of tomatoes have also gone up in the major wholesale vegetable markets of Delhi, including Azadpur Mandi, Ghazipur Mandi, and Okhla Sabzi Mandi

In the making: Govt plans to launch new portal for all MSMEs queries

MSMEs can access details of all schemes related to the sector on Udyami Bharat

16th Finance Commission constitutes five-member advisory council

The finance commission, as per the ToR, would also suggest measures needed to augment the Consolidated Fund of a State to supplement the resources of panchayats and municipalities

Strict compliance, reporting rules making tax function difficult: PwC India

The study also said that to manage compliance and ensure that businesses pay their "fair share" of taxes, rapid tech adoption is necessary

Inflation edges higher in June due to soaring vegetable prices: Survey

The July 5-9 Reuters poll of 54 economists forecast consumer price inflation rose to 4.80% last month on a year earlier, up from 4.75% in May. Food accounts for around half the overall CPI basket

Decoding the 'Swift' payment system: Why it may crop up in Modi-Putin talks

Prime Minister Modi and Russian President Putin are set to hold key bilateral talks in Moscow today to discuss a wide range of issues as part of the 22nd India-Russia annual summit

Union Budget 2024-25: Draft tax law likely for minimum levy on MNEs

The global minimum tax, also known as the Pillar Two regime, aims to prevent MNEs from shifting their profits to low-tax nations

Centre plans to push for more renewable energy connectivity in states

As more transmission projects come at the intra-state level, the Centre is hoping it will bolster private investment in state power infrastructure

Union Budget 2024-25: Here're key challenges in renewable energy sector

Local manufacturing (wind, solar) to be scaled up to compete with global majors on quality, price

168 million workforce added since FY18, 46.6 million in FY24: RBI data

RBI data shows services sector absorbing those moving out of agriculture

Final call soon for states and UTs to avail of MSME scheme benefits

The scheme aims to foster a favourable environment for MSMEs to flourish, thus playing a crucial role in strengthening India's economy and generating employment opportunities

Govt considers easing rice export limitations in boon to world buyers

The government is considering allowing white rice shipments with a fixed duty, said the people, who asked not to be identified as the talks are confidential

Labour ministry rebuts Citigroup's research report on employment in India

Ministry of Labour and Employment strongly rebuts such reports which do not analyse all official data sources available in the public domain, it said

CNG, piped cooking gas price hiked in Mumbai on rise in input costs

Mahanagar Gas Ltd, which retails CNG to automobiles and piped natural gas to households in Mumbai and surrounding cities, said prices will come into effect from intervening night of July 8 and 9

India's employment provisionally grew at 6% in FY24, shows RBI data

The release of the data follows a Citibank report last week which said growth of close to 7 per cent will only create 8 million to 9 million jobs in India, short of the 11 million to 12 million needed

Modi govt's top coalition ally TDP seeks more than $12 billion handout

Modi has agreed in principle to providing the financial support to Naidu, the people said. The TDP leader met Finance Minister Nirmala Sitharaman on Friday to discuss the details

Govt to reopen application window for PLI scheme for ACs, LED lights

The application window shall remain open from July 15 to October 12. No application shall be accepted after the closure of the application window

Market concentration increased across India's key industries in FY24

Analysts attribute the rise in market concentration to the superior profitability of larger firms and a spate of mergers and acquisitions in recent years

Rising focus: Budget push likely for social sector to lift rural demand

Bumper RBI dividend may help govt increase funding

PM Modi's Russia visit begins on July 8: Trade, tariff likely on agenda

Issue of 'imbalanced' trade will be priority during talks with Russia