She said that the emphasis of the government has been on system reforms to throw out unnecessary laws that may become an instrument in the hands of rent-seekers

The SBI report estimated the new poverty line at Rs 1,622 for rural areas and Rs 1,929 for urban areas

"It's hard to tell if we are going to land something or if we are sleepwalking into failure," said one trade delegate

The world's two largest aircraft orders were placed by IndiGo and Air India in the last year. In June 2023, IndiGo had placed an order for 500 A320neo family planes with Airbus

Semiconductors emerging as 'big sector' in country as more investments come in, he says

RBI likely to take delivery of the dollar-rupee sell buy swap on Mar 11

The Indian economy is likely to grow at 6.7-6.9 per cent in December quarter FY24 as compared to 7.6 per cent growth in the second quarter on poor performance in the farm sector, a report by SBI Research said on Wednesday. The report comes a day ahead of the release of official GDP data for the third quarter of 2023-24 financial year. India retained the tag of the world's fastest-growing major economy, with its GDP expanding by a faster-than-expected rate of 7.6 per cent in September quarter on booster shots from government spending and manufacturing. The 6.7-6.9 per cent growth forecast by SBI Research is lower than the Reserve Bank's 7 per cent growth projection for the quarter. SBI Research has projected Q4 GDP at 6.8 per cent. SBI Research said the biggest reason for the lower growth forecast is the very poor show by the farm sector as, barring fisheries, the whole sector is badly affected. As per the first advance estimates, the production of major kharif crops in 2023-24 is

The Index evaluates the IP frameworks of the world's top 55 economies, revealing significant improvements in 20 economies

South Korea is hoping that the negotiations will conclude before the possible visit of Yoon Suk Yeol, the South Korean President, to India

Union Finance Minister Nirmala Sitharaman on Wednesday hailed Bengaluru tax payers for their contributions in building a strong and 'Viksit Bharat', and said the Department of Revenue is running its entire national faceless income tax assessment scheme from Karnataka's capital city. Speaking after laying the foundation stone for the upcoming complex HONGIRANA for Income Tax officers and staff here, she said the tax payers of Bengaluru have been absolutely giving us the buoyancy, and thanked all individual and corporate taxpayers in this region for making sure for building a strong and 'Viksit Bharat'. "Your contribution is relentless. There has never been a dip. So thank you very much Bengaluru for keeping that momentum up", she said. Sitharaman also emphasised the investments that the Central government is making in Bengaluru. She noted that the Government has brought about the entire faceless system for income tax assessment and ease of doing business to ensure that tax assessee

India has taken the first steps with the UAE to begin work on the India-Middle East-Europe Economic Corridor, or IMEC, Sunjay Sudhir said in an interview in Abu Dhabi

Washington on Friday imposed sanctions to mark the second anniversary of Moscow's invasion of Ukraine and retaliate for the death of opposition leader Alexei Navalny

Meanwhile, urban poverty declined to 4.6 per cent from 13.7 per cent during the same period

Surging production and supplies by world's largest miner Coal India have pushed stockpiles at power plants to record highs of over 43 million metric tonnes

As per the WTO, the Investment Facilitation for Development (IFD) Initiative, was originally launched in the spring of 2017 by a group of developing and least-developed WTO members

With about 9 million people dependent on the sector, India constitutes 25 per cent of the world's fishermen

Consolidates 21 existing instructions; Audited returns to be filed within five days of signing reports

The ministers are expected to hold bilateral talks on the sidelines of the World Trade Organization's four-day summit - the 13th Ministerial Conference -- in Abu Dhabi

Market participants expect that states' borrowing for both the current quarter and the entire financial year will be significantly lower than the calendar projections

Indian industry should speed up investments and for more joint venture partners around the world, says Finance Minister