Government Plans to Cut Cooking Oil Tax to Cool Soaring Prices
India is planning to cut taxes on some cooking oils to cool the domestic market after prices soared due to the Ukrainian war and a...
Category : ECONOMY
Mumbai International Airport Raises $750 Million From Apollo
On Wednesday, Adani Enterprises informed that Mumbai International Airport Ltd (MIAL), which operates the Chhatrapati Shivaji Maharaj International Airport (CSMIA) in Mumbai, which is the...
India’s April Exports Up 24% to $38 billion, Trade Deficit Widens to $20 billion
India’s merchandise exports rose 24.2 per cent year-on-year in April to the third-highest level of $38.2 billion. As commodity prices rose due to Russia’s ongoing...
Coal Output Up 28% In April on Strong Demand from Power Sector
India’s coal production surged 28 per cent to 66.1 million tonnes in April as several parts of the country faced power shortages and strong demand...
Tata Chemicals Shares Surge 10% After March Quarter Profit Jumps to Rs 470 Crore
Shares of Tata Chemicals surged more than 10 per cent in early trade on May 2 after the company reported that consolidated profit after tax...
Centre, States Collect Record Rs 1.68 Trillion in GST in April
In April, both central and state governments collected a record of Rs 1.68 trillion in good and services tax; this decision was taken by Finance...
Indian Refiners Negotiate 6-Month Oil Import Deal with Russia
Indian refiners are negotiating a six-month oil deal with Russia to import millions of barrels a month as the world’s third-biggest importer seeks more oil...
India to Overcome Covid-19 Pandemic Losses by FY35: RBI
India is expected to recover the losses during the pandemic till 2034-35, the “Currency and Finance Report” of the Reserve Bank of India (RBI) has...
India, EU Decide to Launch Trade, Technology Council
Indian Prime Minister Narendra Modi and European Commission President Ursula von der Leyen agreed on Monday to create an EU-India trade and technology committee to...
Sri Lanka Gets $300-$600 Mn from World Bank for Economic Crisis
Sri Lanka will receive between $300 million and $600 million from the World Bank over four months to buy medicines and other necessities. The country’s...