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…
Category: Economy
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…
FM Sitharaman on SC verdict on Adani issue: Indian regulators are very seasoned
Finance Minister Nirmala Sitharaman on Saturday said that Indian regulators, such as the Securities and Exchange Board of India (SEBI), are very seasoned and are on top of the Adani…
How India’s gig economy is shaping up, thanks to startups
Apart from ushering in billions of dollars of capital and solving complex problems innovatively, Indian start-ups have another claim to fame—the creation of a new kind of gig economy. In…
India’s forex reserves snap three-week rise, drop $1.49 bn to $575.27 bn
India’s foreign exchange reserves fell for the first time in four weeks and stood at $575.27 billion in the week through Feb. 3, the Reserve Bank of India’s (RBI) statistical…
India’s industrial output rises 4.3% in December
India’s industrial production rose by 4.3 per cent in December, according to official data released on Friday. Factory output measured in terms of the Index of Industrial Production (IIP) grew…
India is carrying out reforms not out of compulsion, but out of conviction: PM Modi at GIS 2023
Prime Minister Narendra Modi, while inaugurating the Uttar Pradesh Global Investors Summit 2023 in Lucknow on Friday, said that India is now carrying our reforms not out of compulsion, but…
5.9 million tonnes of lithium reserves found in Jammu and Kashmir; first time in India
The government said on Thursday that 5.9 million tonnes of lithium reserves have been found in Jammu and Kashmir. This is for the first time that lithium has been found…
‘He’s just flailing around’: MoS IT Rajeev Chandrasekhar on Raghuram Rajan’s criticism of semiconductor PLI
Rajeev Chandrasekhar, Minister of State, Ministry of IT and Electronics told Business Today that former RBI Governor Raghuram Rajan’s criticism of semiconductor PLI is misplaced and that today semiconductors pose…
Delhi High Court grants bail to ex-NSE chairman Chitra Ramakrishna
Delhi High Court has granted bail to former National Stock Exchange (NSE) chairman Chitra Ramakrishna in connection with a money laundering scam, which is related to the case of illegal…