Economy

Economy News

Canada pauses negotiations on trade agreement with India: Official

“The Canadian side conveyed that they were taking a pause in India-Canada negotiations on the Early Progress Trade Agreement. This will enable us both to take stock of progress and.

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Economy News

Commerce ministry recommends anti-dumping duty on imports of Chinese glass for 5 years

Federation of Safety Glass, an association of safety/speciality glass processors, had filed an application to initiate the anti-dumping investigation. The commerce ministry has recommended anti-dumping duty of up to USD.

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Economy News

Top among global central bankers: RBI Governor Shaktikanta Das gets A+ rating by Global Finance magazine

RBI Governor Shaktikanta Das has been placed at the top of the list of three central bank governors, by US-based Global Finance magazine. He is followed by Switzerland’s Thomas J.

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Economy News

Moody’s raises India’s growth forecast to 6.7% for 2023 on robust underlying economic momentum

In the Global Macro Outlook 2023-24 (August update), Moody’s said strong services expansion and capital expenditures have propelled India’s 7.8 per cent real GDP growth in the second (April-June) quarter.

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Economy News

Govt for enhanced export control of dual-use items: Official

Dual-use items are those which are used for civilian and non-civilian purposes. The government will ensure enhanced export control of dual-use items so that these do not fall into the.

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Economy News

India’s manufacturing PMI surges to 58.6 in August, highest since May; but employment growth slows

The seasonally adjusted S&P Global India Manufacturing Purchasing Managers’ Index (PMI) surged to 58.6 in August from July’s 57.7, indicating the second-best improvement in the health of the sector for.

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Govt launches GST reward scheme in 6 states, UTs; Rs 30 crore corpus for prize money

The government on Friday launched the Mera Bill Mera Adhikar scheme on a pilot basis on September 1 in Assam, Gujarat & Haryana and UTs of Puducherry, Dadra Nagar Haveli.

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Services sector fuels India economic growth to fastest in a year

Gross domestic product is estimated to have risen 7.8% in the three months to June from a year ago, according to the median estimate in a Bloomberg survey ahead of.

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RoDTEP on pharma, chemicals, steel to be extended by 6 months

This demand was also raised in the meeting the Ministry of Commerce and Industry had with the representatives of export promotion councils on Tuesday evening. The government is likely to.

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Scanty rainfall in south & central India to hit oilseeds, pulses & paddy yield

A huge decifciency and a prolonged break in rainfall in the southern peninsula and central India regions this month is likely to impact the yield of several crops, including oilseeds,.

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