India on Monday invoked an emergency law to force power plants that run on imported coal to maximise output ahead of an expected record surge in power usage this summer,…
Category: Economy
Govt appoints ex-Commerce Secretary BVR Subrahmanyam as CEO of NITI Aayog
Former Commerce Secretary BVR Subrahmanyam has been appointed as NITI Aayog CEO for two years, announced government on Monday. The Appointments Committee of Cabinet has approved the appointment. Subrahmanyam replaces…
New GST rates: What’s expensive, what’s cheaper?
The GST Council, headed by Union Finance Minister Nirmala Sitharaman, took several decisions at its 49th meeting in New Delhi on Saturday. The Council agreed to reduce the Goods and…
Adani row: SC rejects govt’s sealed cover suggestion for panel, says full transparency needed
The Supreme Court on Friday refused to accept the sealed cover report submitted by the Centre, stating that they want to have complete transparency. The sealed report had suggestions for…
Govt slashes windfall tax on crude oil, diesel and ATF
The Central Government on Thursday reduced the windfall tax levied on domestically produced crude oil, as well as on the export of diesel and aviation turbine fuel (ATF). Windfall tax…
2 lakh cooperatives, vibrant village scheme and more: Key Cabinet decisions taken on Wednesday
The Union Cabinet on Wednesday announced that it has cleared plans to set up two lakh primary agricultural credit societies, dairy and fishery cooperatives, and develop villages in blocks on the…
‘Momentum on growth should not be relaxed…’: FM Sitharaman reveals PM Modi’s instructions for Budget 2023
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…
‘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…