Economy

Volatile price and polls likely behind rejig of duties, export cap

The Central government in a slew of measures late last week eased some of the export curbs on key commodities

Record Rs 81,875 crore GST evasion detected in online gaming in FY24

In terms of sectors, online money gaming was followed by the BFSI sector, which saw Rs 18,961 crore evaded in 171 cases

Jan-Dhan accounts: A new option for state-owned banks to mobilise deposits

Following this, many banks are exploring previously untapped areas to mobilise deposits while choosing not to engage in an interest rate war

India's steel companies look forward to recycle mandate for automakers

Proposed mandate will help steel scrap availability and in reducing emissions, they say

Census likely to be held soon; no decision yet on caste column: Report

The first phase of this decade's census was expected to begin on April 1, 2020 but had to be postponed due to the Covid-19 pandemic

Tamil Nadu restaurant saga: Ambiguity over GST food rates in spotlight

The GST rates on goods are based on the harmonised system of nomenclature (HSN) codes

UPS: Understanding the fiscal implications of govt's new pension scheme

The UPS is seen to be different from OPS since it is funded every year and the burden does not fall on future governments.

Govt's subsidised onion sale brings relief, prices drop in major cities

The government initiated the sale of onions at a subsidised rate of Rs 35 per kg through mobile vans and outlets of NCCF

Sebi, RBI and Irdai: How financial regulators are appointed, removed

Tenures across organisations often range from three to five years with the possibility of reappointment

India's forex reserves rise $5.25 billion to new peak of $689.24 billion

The overall kitty had jumped by $2.299 billion to a record $683.987 billion for the previous reporting week

Explained: Are details of income-tax return filings confidential?

Experts cited that disclosing an individual's income tax returns constitutes a violation of their fundamental right to privacy as recognized by the Indian Constitution

Centre in talks with coastal states on shipbuilding clusters in India

Ministry launches maritime arbitration centre, policy think-tank

Mospi may use GST data to calculate GDP figures after base year revision

Use of GST data for GDP calculation would be done after base year revision of national accounts

Freebies, declining central grants: Himachal's uphill task to fix finances

State has announced it will impose electricity consumption cess and defer salaries of ministers for two months

PM Modi to release first instalment of central aid for new rural homes

This would be over and above the almost 26 million houses already built across the country in the last 10 years

ESIC new member addition increase by 13.32% to 2.25 million in July

According to the statement, 56,476 new establishments have been brought under the social security ambit of the ESI Scheme in the month under review

FinMin extends exports incentive schemes to exports through courier

The e-commerce business in India has seen exponential growth over the last decade and is expected to witness a steep increase in revenues in the coming years

Govt removes MEP on basmati rice, onion; tightens stock limit on wheat

The MEP of basmati rice was first imposed last year at $1,200 per tonne before it was lowered to $950 per tonne

Is the drop in MGNREGA work demand a sign of improving rural job markets?

Civil society activists and people working on the ground, however, believe that the decline in work demand is artificially created due to fund shortages for the programme

Outward FDI increases to $3.2 billion in August 2024, shows RBI data

Equity commitments more than double Y-o-Y to $1.14 bn