India’s Sugar Exports Reaches 4.25 Million Tonnes This Year
Sugar mills in India have exported 4.25 million tonnes so far in 2020-21. Mills have also contracted to export 5.85 million tonnes of sugar so...
Category : ECONOMY
India Retail Inflation Likely Rose to 5.30%
India’s retail inflation likely rose last month after a three-month low in April, lifted by higher food and energy prices, but stayed within the Reserve...
GST Collection Up 65% in Month of May
The Goods and Service Tax (GST) collection in May came in at Rs 1.02 lakh crore, official data by the Finance Ministry showed on June...
India’s Forex Reserves Rises Around $600 Billion, Says RBI
The Reserve Bank of India (RBI) announced during its Monetary Policy on June 4 that India’s forex reserves have risen to $598 billion. “The strength...
India to Notify PLI Scheme For Auto, Steel, Textile
The government is looking at notifying the Production Linked Incentive (PLI) scheme, that was announced to boost domestic manufacturing, for sectors like auto components, steel,...
Trade Associations Urge RBI to Put Off New Audit Rules
High trade associations have urged the Reserve Bank of India (RBI) to place off the execution of its new auditing rules for banks and NBFCs...
India Exports Gets $51 Bn in First 7 Weeks of Fiscal Year
According to the latest data available with the government, India’s exports reached $50.7 billion during the first seven weeks of the fiscal year, 11 per...
Govt Plans Stimulus Package for Sectors Affected by 2nd Wave
India is preparing a stimulus package for sectors worst affected by a deadly coronavirus wave, aiming to support an economy struggling with localized lockdowns, The...
Barclays Cuts India’s FY22 GDP Estimate to 9.2%
Barclays on Tuesday cut India’s FY22 GDP growth estimate by a sharp 0.80 per cent to 9.2 per cent, saying the economic impact of the...
Centre Gears Up For WTO Patent Battle
The government has virtually ruled out the possibility of using compulsory licensing as a tool to speed up vaccine production due to execution challenges while...