Rice Prices Slump as India Eases Export Curbs
Rice prices fell the most in Asia in more than 16 years as concerns over supply eased after India lifted some export restrictions. The price...
Category : ECONOMY
India’s Factory Growth Slowed to an Eight-Month Low in September: PMI
India’s factory growth slowed to an eight-month low in September 2024, with the HSBC final India Manufacturing Purchasing Managers’ Index (PMI), compiled by S&P Global,...
RBI Sells Bonds for 11th week, Longest Streak in Nearly Three Years
Data published on Friday indicated that the RBI sold bonds worth 11.95 billion rupees (about USD 161.85 million) in the week ending September 20, bringing...
India to Borrow Rs 6.61 Lakh Crore from Market in H2, Accounting for 47.2% of Yearly Plan
The Indian government, in coordination with the Reserve Bank of India (RBI), revealed its intention on Thursday (September 26) to secure Rs 6.61 lakh crore...
Income Tax Rules Effective from October 1, 2024: Union Budget 2024-25
The Securities Transaction Tax (STT) for futures and options (F&O) trading will increase from October 1, 2024. The tax rates for Futures & Options (F&O)...
India’s Manufacturing Incentives Advances Amid Efforts to Cut Imports from China
Since its launch in 2020, India’s production-linked incentive scheme has attracted over USD 17 billion in investments, benefitting manufacturing in 14 sectors. The scheme has...
Government Flagged 67,970 Suspicious GST Registrations, Detected Rs 10,179 crore Tax Evasion
Authorities have refined the risk parameters to target potential fraud more effectively, building on insights from a similar drive last year. 59% of the identified...
India’s Growth Forecast Unchanged at 6.8%; Rate Cut Expectation from RBI: S&P Global
S&P Global Ratings has kept its prediction for India’s growth unchanged at 6.8% this year. The agency also expects the Reserve Bank of India (RBI)...
India’s Sept Business Growth at Nine-Month Low as Demand Slows Down: PMI
The flash India Composite Purchasing Managers’ Index (PMI), compiled by S&P Global and HSBC, dropped to 59.3 this month from August’s 60.7 final reading. According...
Decrease in Crude Oil Prices Affecting India’s Oil Exports: CRISIL
The decrease in crude oil prices has affected India’s oil exports, resulting in a decline in overall exports in August. According to CRISIL, the scarcity...
