Business

New Delhi: Commerce ministry is working on short, medium, and long-term action plans to help exporters deal with the steep 50 per cent US tariffs imposed on Indian goods entering Washington, an official said. Several special economic zone policy flexibility norms are also under consideration,...

New Delhi: The bilateral trade between India and China has been growing at a healthy rate, but the trade gap remains sharply tilted in Beijing's favour. India has time and again flagged its concern over the ballooning trade deficit and the non-trade barriers faced by...

New Delhi: Opposition-ruled states have extended their support to cut the number of GST rate slabs and the rates for mass consumption items, while demanding a mechanism to ensure the benefits get passed on to consumers, Congress leader Jairam Ramesh said Saturday. He also said...

Bhubaneswar: Amidst resentment among farmers over alleged scarcity of fertilisers in the state, BJD chief Naveen Patnaik Saturday sought the Centre's intervention in the matter and demanded adequate supply of urea during the current kharif season. Patnaik's appeal came following reports of farmers hitting the...

Washington: A federal appeals court ruled Friday that President Donald Trump had no legal right to impose sweeping tariffs on almost every country on earth but left in place for now his effort to build a protectionist wall around the American economy. The US Court...

Bhubaneswar: The proposed GST reforms will bring a huge change in trade and commerce in the country, Odisha Chief Minister Mohan Charan Majhi said Friday. Addressing the valedictory session of a seminar on 'Viksit Odisha, 2036 -- Odisha on Growth Path' organised by the Indian...

Mumbai: The rupee breached the 88-mark for the first time and closed at an all-time low of 88.09 against the US dollar Friday, registering a sharp decline of 51 paise amid a massive outflow of foreign funds and heightened tensions over a trade deal between...

New Delhi: Chief Economic Advisor V Anantha Nageswaran  Friday exuded confidence that Indian economy will grow at a rate between 6.3 and 6.8 per cent in the current fiscal on strong domestic demand, even though there would be some downside risks to the projections due...

Tokyo: Japan Friday set an investment target of 10 trillion yen in India over a decade and the two sides firmed up a mega roadmap to bolster cooperation in several key areas such as critical minerals, defence and technology, in decisions that came amid economic...

New Delhi: Centre's fiscal deficit increased to 29.9 per cent of the full-year target at the end of July, according to data released by the Controller General of Accounts (CGA) Friday. The fiscal deficit was 17.2 per cent of the Budget Estimates (BE) of 2024-25...