Finance Minister Nirmala Sitharaman on Wednesday revealed that Prime Minister Narendra Modi instructed her and her team to ensure that the momentum on growth is not relaxed or diluted in…
Category: Economy
‘Once states agree…’: FM Sitharaman on bringing petroleum products under GST
Finance Minister Nirmala Sitharaman on Wednesday hinted at bringing petroleum products under Goods and Services Tax (GST). “GST provision is available and once states agree we will have petroleum products…
India’s exports in January dip 6.6% to $32.9 bn: Govt data
India’s exports in January dipped by 6.58 per cent to $32.91 billion, as against $35.23 billion in the same month last year, according to the data released by the commerce…
EbixCash announces launch of UPI for foreign nationals visiting India
EbixCash is the first financial services company in the country to offer UPI services to international delegates attending the G-20 summit, being held in India EbixCash Limited became the first…
WPI inflation cools to 4.73% in January as against 4.95% in December 2022
Wholesale Price Index inflation cooled to 4.73 per cent in January as against 4.95 per cent in December 2022. The decline in the rate of inflation is driven by mineral…
India’s retail inflation rises to three-month high of 6.52% in January
Higher food prices nudged up India’s annual retail inflation in January to a three-month high of 6.52% from a 12-month low in December, showed government data on Monday. It was…
Cheaper batteries, cheaper EVs: What discovery of lithium in J&K could mean for you
On Thursday, the Ministry of Mines announced that the Geological Survey of India discovered 5.9 million tonnes of lithium, a metal used for making electric vehicle (EV) batteries, in Jammu…
India to soon be world’s largest defence manufacturing base, says PM Modi at Aero India 2023
Prime Minister Narendra Modi said that India will soon be the world’s largest defence manufacturing base and that the Central government aims to take India’s defence exports up to $5…
India topples France as UK’s largest Scotch whisky market
India has overtaken France to become the UK’s largest market of Scotch whisky in terms of volume with a 60 per cent hike in imports in 2022 over the previous…
Gross direct tax mop-up grows 24 per cent to Rs 15.67 lakh crore, net collection touches 79 pc of revised estimates
Gross direct tax collections grew 24 per cent to Rs 15.67 lakh crore so far this fiscal, the finance ministry said on Saturday. After adjusting for refunds, the net direct…