Economy

Economy News

Reforming WTO, global trade, logistics to be discussed during G20 TIWG meet in Bengaluru

The G20 Summit will be held in New Delhi on September 9-10.G20 meetings are being held across different cities, covering all 28 states and eight Union Territories of India. Over.

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Economy News

Forex kitty jumps US Dollar 3.5 billion to US Dollar 599.53 billion

Expressed in dollar terms, the foreign currency assets include the effect of appreciation or depreciation of non-US units like the euro, pound and yen held in the foreign exchange reserves..

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Economy News

India to flag e-trade tariff waiver, food subsidy at June WTO meet

India will push for ending the moratorium on customs duty on cross-border e-commerce and a permanent solution to the subsidy and public stock-holding issues in agriculture at the mini-ministerial meeting.

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Economy News

No additional taxes, if no incriminating evidence found during search and seizure proceedings

The tax department collects information from various sources viz. Enforcement Directorate, Financial Intelligence Unit, informants, foreign tax departments, etc. By SR Patnaik and Thangadurai V. P In a landmark ruling,.

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Economy News

G-7’s push against ‘economic coercion’ has an audience of one

While member states want to better coordinate their responses to China’s economic practices, signing off on tangible measures is proving more complicated, according to people familiar with the discussions. Group.

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Economy News

Indian financial system well protected & regulated, says Economic Affairs Secretary Ajay Seth

According to sources, the FSDC meeting was also attended by Minister of State for Finance Pankaj Chaudhary and Bhagwat Kishanrao Karad, and Finance Secretary T V Somanathan among others. Indian.

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Economy News

Fitch affirms India rating, stable outlook

India will be one of the fastest-growing Fitch-rated sovereigns globally with 6% expansion in real GDP in the fiscal year ending March 2024 (FY24), supported by resilient investment prospects, Fitch.

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Economy News

The fight for India’s 1.4 billion consumers is a fixed match

Economists Arvind Subramanian and Josh Felman have drawn attention to the increasing heft of the “2As” — businessmen Mukesh Ambani and Gautam Adani — as evidence of an “extraordinary concentration.

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Economy News

India, Canada trade ministers to review progress in talks on free trade agreement

Commerce and Industry Minister Piyush Goyal and Mary Ng, Minister of International Trade, Export Promotion, Small Business and Economic Development, Government of Canada, will co-chair the discussions for the sixth.

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Economy News

Govt’s plan to exit 176 CPSEs hits an impasse

Ministries either oppose the move or sit tight. The Union government’s policy, announced in Budget FY22, to either privatise or close down 176 central public sector undertakings (CPSEs) in “non-strategic.

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