Page 82 - Economy

India to impose 30% import duty on yellow peas to support domestic prices

Move effective from November 1 aims to curb cheap imports from Canada, Australia and Russia

Global CEOs have committed massive maritime investments to PM: Govt

Rs 5.5 trillion has started funnelling from previous MoUs, says Sonowal

IOCL seeks up to 24 million oil barrels from Americas amid Russia curbs

The state-backed refiner, India's largest, is seeking grades from the US, Canada, Brazil and Latin America

Manufacturing the one cylinder that isn't firing: NITI's Suman Bery

Bery called for the future of manufacturing success to be built through fostering regional clusters focused on local competitive advantages and not a uniform national approach

BS BFSI Summit: 'Inflation-targeting worked, no major revamp required'

At BS BFSI Insight Summit 2025, a high-level panel of economists said that flexible inflation targeting has largely worked in keeping inflation under control and no major revamp is required

SME tracker: Strong demand to rev up growth for auto component SMEs

Exports to key destinations such as North America, however, are expected to be hit by US tariffs.

Fiscal policy strongly supportive of growth: RBI Deputy Guv Poonam Gupta

What India should aspire to be, a developed nation, an emerged nation, or an emerged market, is an important one, says Gupta

BS BFSI Summit: Economists torn between rate cut and pause in next MPC

The MPC kept the repo rate unchanged at 5.5 per cent in its October meeting, while striking a dovish tone and hinting that inflation risks were ebbing faster than anticipated

BS BFSI Insight Summit: On track for GDP growth exceeding 6.8%, says CEA

At Business Standard BFSI Insight Summit 2025, Nageswaran said that inflation and the rupee are stable, and fiscal discipline keeps deficits and borrowing costs under control

UP govt raises sugarcane SAP by ₹30 per quintal for 2025-26 season

Millers say the hike will raise costs and squeeze margins; opposition calls it inadequate, while the state claims the 8% rise will add Rs 3,000 crore to farmers' income

PHDCCI bats for concessional 15% tax rate for new manufacturing units

PHDCCI urges revival of concessional tax for new manufacturing units, reinstatement of R&D incentives, and GST reforms to ease compliance and boost India's competitiveness

India to be steady lighthouse for global rough seas: PM Narendra Modi

PM tells int'l shipping cos to invest and expand in India

EU team to visit India next week for 15th round talks on trade deal

Goyal expects both sides to make substantial progress towards closure by Dec

Draft policy recasts labour ministry role from regulator to job facilitator

The Centre's draft labour and employment policy reflects new economic realities. But, concerns remain over its enforcement in a labour landscape marked by a massive informal sector

CBDT extends return filing deadline for audit cases to December 10

Tax experts pointed out that the press release appears to have missed granting relief to taxpayers covered under transfer pricing (TP) provisions

India's maritime sector has transformed, now driving growth: PM Modi

At India Maritime Week 2025, Prime Minister Narendra Modi said India's new shipping laws, digital reforms, and strong maritime vision are propelling the sector's transformation

India-UK FTA: Rajasthan exporters see boost in gems, jewellery exports

As part of the FTA, which was signed in July this year and is likely to come into effect next year, duties on 99 per cent exports to the UK will be reduced to zero

Global rice conference from Oct 30 to showcase AI-based sorting tech: IREF

The conference will bring together delegates from over 80 nations, including top global rice importers, exporters, scientists, and policymakers

Economy has weathered global headwinds, GDP to be near 7% in FY26: CEA

The policy measures, including relief in income tax and the recent GST rationalization have combined to improve the economic growth prospects for this year, the CEA said

UP hikes sugarcane price to ₹400 per quintal for early-maturing varieties

The Yogi Adityanath government raises the state advised price of sugarcane by ₹30 per quintal, benefiting 4.5 million farmers and boosting income by ₹3,000 crore