The government on Friday imposed stock limits on tur and urad dals held by wholesalers, retailers, importers and millers till October to prevent hoarding and check price rise. An order in this regard was issued with immediate effect by the Union Food and Consumer Affairs Ministry. All India average retail price of tur has increased […]
Citing a better-than-estimated global growth outlook, lower global crude oil prices and robust services exports, a foreign brokerage has revised upwards its India growth forecast by 70 bps to 6.2 per cent for the current fiscal.House economists at Swiss brokerage UBS have already revised global growth projections upwards by nearly 50 bps to 2.6 per […]
Article content TORONTO — Canadians’ combined outstanding debt hit a new record in the first quarter, reaching $2.32 trillion, TransUnion said Wednesday. Article content As the cost of living rose with high inflation and interest rate hikes, many Canadians turned to credit to alleviate financial pressures, the credit reporting agency said in its latest industry […]
Japan on Tuesday expressed disappointment over India’s decision to appeal against a ruling of the WTO trade dispute settlement panel on import duties on certain information and technology products, and has urged to withdraw it, a Geneva-based official said.On May 25, India appealed against a ruling of the World Trade Organization’s (WTO) trade dispute settlement […]
India on Monday deferred the mandatory requirement of a certificate of inspection by export inspection agencies for shipping both basmati and non-basmati rice to certain European countries by six months. The Directorate General of Foreign Trade (DGFT) said that it is amending a notification dated August 17, 2022, to the extent that export of rice […]
Breadcrumb Trail Links News Economy The risk of inaction is simply too high for Canada to ignore Saudi Arabia any longer The Kingdom Tower, left, stands alongside the King Fahd highway, illuminated by the light trails of passing traffic, in Riyadh, Saudi Arabia. Photo by Waseem Obaidi/Bloomberg Article content As global trading rules and political […]
Prime Minister Narendra Modi on Saturday said that the Centre, states and Union Territories need to work as a team and develop a long-term common vision to fulfil the aspirations of people to make India a developed country by 2047, when the country completes 100 years of Independence. Addressing the eighth Governing Council meeting of […]
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More measures are needed to weed out fake input tax credit (ITC) generators from the system for checking tax evasion and increasing GST revenues, CBIC member Sanjay Kumar Agarwal said on Wednesday. He said the government has taken various steps to tackle the menace of fake ITC claims and has already launched a special 2-month-long […]
India’s growth in the April-June quarter is expected to be driven by private consumption, supported by reviving rural demand, and renewed buoyancy in manufacturing, a Reserve Bank article said on Monday. The global economy is transfixed in the cross-currents of slowing growth and high inflation, and an uneasy calm prevails in the global financial markets […]