Economy

Economy News

Price stability basis for sustainable growth: Shaktikanta Das

Vegetable price inflation set to decline from September The Reserve Bank of India (RBI) Governor Shaktikanta Das on Thursday said that price stability is essential for maintaining the economic growth of the.

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Debroy bats for simpler GST with higher rate

“Govt losing revenue as rate is below RNR” Even as an overhaul of the Goods and Services Tax (GST) slabs, which is necessary to raise the weighted average rate to.

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India awaiting data from Bangladesh to resume talks on trade pact

The last meeting between both sides was held in the first week of August. India is awaiting certain data from Bangladesh that could come any time before both sides resume.

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Finance Ministry stresses “sense of ownership in decision-making”

The two days of brainstorming sessions provided an opportunity for officers, joint secretaries and above, to get away from the hustle and bustle of busy office schedules in Delhi. The.

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India, Asean to intensify efforts to conclude FTA review by 2025

“To this end, the meeting encouraged the officials to intensify their efforts with the aim of achieving a substantial conclusion of the review in 2025,” the statement said. India and.

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Up to 50% hike in PM-Kisan transfers likely

The Centre is considering increasing the income support to farmers under the PM-KISAN scheme by Rs 2,000-3,000 per farmer household from Rs 6,000 now, and stepping up procurement under the minimum support.

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India’s exports to FTA countries contract at a faster rate

The trade deficit with FTA partners also increased to $ 30 billion in January-June this year from $ 27.9 billion the same period last year. Most of the free trade.

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Chinese economy in distress, its model is ‘broken’: WSJ

The Wall Street Journal in a major Sunday story wrote that economists now believe China is entering an era of much slower growth, made worse by unfavourable demographics and a.

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India’s trade policy is working great for Vietnam

India, which has few such accords of its own but is still keen to emulate the manufacturing powerhouse in its neighborhood, has customs duties as high as 22%. The printed.

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Asean, India to start review of free trade agreement today

Govt functionaries meet on the sidelines of the economic ministers’ conference at Semarang, Indonesia. India and the Asean trade officials will meet at Semarang in Indonesia today to start the.

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