Economy News

High oil prices, trade deficit to subdue rupee in 74.5 and 75.5 range [Forecast]

High Crude oil prices along with a wider monthly trade deficit is expected to subdue the Indian rupee in the coming week.

Feb 20, 2022

India, UAE sign CEPA to enhance bilateral trade volumes to $100 bn

India, UAE sign CEPA to boost bilateral trade to $100 bn; To be implemented in 60 days

To enhance trade relations, India and the United Arab Emirates on Friday entered into a Comprehensive Economic Partnership Agreement (CEPA).

Feb 19, 2022

Fear & Loathing: FY22 pent-up demand likely to fizzle away.

High commodity prices to pose risk to FY22 current account deficit, says Acuite Ratings

India's FY22 current account deficit faces mild upside risk from high commodity prices, said Acuite Ratings & Research.

Feb 17, 2022

India's pineapple exports record near 100% growth, reach $3.26 mn

India's pineapple exports rose by almost 100 per cent to $3.26 million during the April-December period in 2021, compared to $1.63 million recorded in the corresponing period of 2013, the Ministry of Commerce and Industry informed on Monday.

Feb 15, 2022

RBI reschedules Monetary Policy Committee meeting due to mourning on Lata Mangeshkar's demise

RBI reschedules MPC meet as Maharashtra shut on Lata Mangeshkar's death

Feb 7, 2022

Up to six months' imprisonment for publishing certain kinds of export/import info

New Customs Act: Up to six months' jail for publishing certain data on export or import

The Finance Bill 2022 adds a new section in the Customs Act for the protection of data with a provision for imprisonment for publishing certain kinds of export or import data.

Feb 5, 2022

Budget 2023: FM announces to set up digital university To be built on Hub and Spoke model

While presenting the Union Budget 2022-23 in Parliament on Tuesday, Finance Minister Nirmala Sitharaman announced the setting up of a digital university in the country as several children have suffered due to the Covid-19 pandemic-induced closure of educational institutions.

Feb 1, 2022

Production-Linked Incentive scheme may generate 60 lakh jobs in next 5 years: FM

The Production-Linked Incentive (PLI) scheme across 14 sectors, including IT hardware manufacturing, has the potential to generate at least 60 lakh new job opportunities, said Finance Minister Nirmala Sitharaman.

Feb 1, 2022

Lord Ganesha on Budget day: The untold, unwritten custom of Finance Ministry

Every Finance Minister starts his/her Budget day with Ganesh puja at the corridors of the Finance Ministry of the North Block, offering flowers to the lord, before heading to the Parliament for budget presentation as the Budget day is the most important day for any Finance Minister which evaluates his/her performance.

Feb 1, 2022

Caption: Ram Nath Kovind.(photo:Twitter Ram Nath Kovind)

India strengthened its standing in rapidly evolving global environment: President

India has strengthened its standing in the rapidly evolving global environment through improvement in diplomatic relations, said President Ram Nath Kovind.

Jan 31, 2022

Indian Railways Rail Budget Suresh Prabhu

RRB job protests: All you need to know; What is the way forward for protestors and the government

The issue got politicized after several political parties jumped in with their statements and agitating students indulged in vandalism

Jan 29, 2022

Air India: History reveals iconic rise but fall in wrong hands [Chronology]

The government-owned international carrier's downfall is riddled with bad management decisions and poor human resource policies. We look into the history.

Jan 29, 2022

FM Sitharaman to present Union Budget in paperless form, no "Halwa" ceremony

Like last year, Union Minister Nirmala Sitharaman will present the Union Budget for FY23 in paperless form at the Parliament on February 1.

Jan 28, 2022

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Dalal Street hopes for abolition of Securities Transaction Tax

The biggest positive trigger for Dalal Street in the upcoming Union Budget 2022 could be any abolition of Securities Transaction Tax. The street will watch if the government is able to reverse the economic downturn caused by Covid-19 which has led to severe financial disruption at both industrial and individual levels.

Jan 26, 2022

"Forget population explosion, worry about population collapse": Elon Musk slams UN

Tesla and SpaceX CEO Elon Musk has slammed the United Nations (UN) once again, saying that there are "not enough people" in the world and one should be more worried about population collapse.

Jan 19, 2022

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Economy News

High oil prices, trade deficit to subdue rupee in 74.5 and 75.5 range [Forecast]

India, UAE sign CEPA to boost bilateral trade to $100 bn; To be implemented in 60 days

High commodity prices to pose risk to FY22 current account deficit, says Acuite Ratings

India's pineapple exports record near 100% growth, reach $3.26 mn

RBI reschedules Monetary Policy Committee meeting due to mourning on Lata Mangeshkar's demise

New Customs Act: Up to six months' jail for publishing certain data on export or import

Budget 2023: FM announces to set up digital university To be built on Hub and Spoke model

Production-Linked Incentive scheme may generate 60 lakh jobs in next 5 years: FM

Lord Ganesha on Budget day: The untold, unwritten custom of Finance Ministry

India strengthened its standing in rapidly evolving global environment: President

RRB job protests: All you need to know; What is the way forward for protestors and the government

Air India: History reveals iconic rise but fall in wrong hands [Chronology]

FM Sitharaman to present Union Budget in paperless form, no "Halwa" ceremony

Dalal Street hopes for abolition of Securities Transaction Tax

"Forget population explosion, worry about population collapse": Elon Musk slams UN

Astronomers find supermassive black holes inside dying galaxies

Apple, Google face scrutiny over collecting abortion data

Elon Musk highest-paid CEO, followed by Tim Cook: Report

A royal toast: England set for Queen's Platinum Jubilee; star-studded concert & 16000 street parties

Another attempt to drop ammunition foiled; Pakistani drone shot down near International Border [details]