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News   -   Nov 12, 2024 Finance Minister to Hold GST Council, Budget Meetings on December 21-22
Finance Minister to Hold GST Council, Budget Meetings on December 21-22

Finance Minister Nirmala Sitharaman will meet with State Finance Ministers on December 21-22 for pre-budget consultations and the Goods and Services Tax (GST) Council meeting. The Council is expected to discuss the proposed exemption or reduced GST rates on health and life insurance, following recent recommendations to exempt premiums on

by Amal Anzari
News   -   Nov 12, 2024 Andhra Pradesh Eyes $2 Trillion Economy with Global Maritime Partnerships
Andhra Pradesh Eyes $2 Trillion Economy with Global Maritime Partnerships

The Andhra Pradesh government is building international collaborations to advance port-led infrastructure development, aiming to position itself as a leading maritime state by 2030 and achieve a $2 trillion economy by 2047. Infrastructure and Investment Secretary S. Suresh Kumar outlined this vision at the Economic Development Cooperation Fund conference hosted

by Amal Anzari
News   -   Nov 11, 2024 India Gains Ground as Reliable Apparel Sourcing Hub for US Buyers
India Gains Ground as Reliable Apparel Sourcing Hub for US Buyers

India’s share of US apparel imports rose from 4% in 2013 to 5.8% in 2023, supported by political stability and vertical integration in its textile industry, according to a report by the US International Trade Commission (USITC). India exported $4.6 billion in apparel to the US in

by Amal Anzari
News   -   Nov 11, 2024 Bilateral Trade in National Currencies Prioritised Ahead of India-Russia Talks
Bilateral Trade in National Currencies Prioritised Ahead of India-Russia Talks

External Affairs Minister S. Jaishankar, at the India-Russia Business Forum in Mumbai, highlighted the importance of bilateral trade in national currencies, citing Special Rupee Vostro Accounts as an effective mechanism. Current bilateral trade stands at $66 billion, with a target of $100 billion by 2030. Connectivity projects, including the International

by Amal Anzari
News   -   Nov 11, 2024 Trump 2.0 Could Alter India’s FDI Inflows, Says SBI Report
Trump 2.0 Could Alter India’s FDI Inflows, Says SBI Report

A report by the State Bank of India (SBI) suggests that another term for Donald Trump could shift foreign direct investment (FDI) patterns in India, as the former Trump administration’s regulatory policies encouraged capital back to the United States, impacting global FDI inflows. Should similar policies return in Trump’

by Amal Anzari
News   -   Nov 11, 2024 Russian-Indian Business Forum to Discuss Trade, Technology, and Interregional Ties
Russian-Indian Business Forum to Discuss Trade, Technology, and Interregional Ties

Russia's First Deputy Prime Minister Denis Manturov will attend the Russian-Indian Business Forum in Mumbai, focusing on industrial cooperation, transport, finance, digital technologies, and interregional ties. Organised by the Business Council for Cooperation with India and the Federation of Indian Chambers of Commerce and Industry (FICCI), the event

by Amal Anzari
News   -   Nov 08, 2024 Government Shifts GDP Data Release to Align with Market Close
Government Shifts GDP Data Release to Align with Market Close

The Government of India will now release quarterly Gross Domestic Product (GDP) estimates at 4:00 PM IST, aligning with financial market close; the next update for July-September 2024 is set for November 29.

by Amal Anzari
News   -   Nov 08, 2024 Foreign Capital Retreat Hits Finance and Energy Markets
Foreign Capital Retreat Hits Finance and Energy Markets

In October 2024, foreign institutional investors (FIIs) sold banks and other financial equities worth roughly ₹26,139 crore ($3.15 billion), withdrawing ₹1,13,859 crore ($13.72 billion) from India's secondary market. According to the National Securities Depository Limited (NSDL) statistics, oil and gas stocks valued at

by Daanish Narayan
Finance Minister to Hold GST Council, Budget Meetings on December 21-22
News   -   Nov 12, 2024 Finance Minister to Hold GST Council, Budget Meetings on December 21-22

Finance Minister Nirmala Sitharaman will meet with State Finance Ministers on December 21-22 for pre-budget consultations and the Goods and Services Tax (GST) Council meeting. The Council is expected to discuss the proposed exemption or reduced GST rates on health and life insurance, following recent recommendations to exempt premiums on

by Amal Anzari
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Economy Articles 80 Articles
News   -   Nov 12, 2024 Finance Minister to Hold GST Council, Budget Meetings on December 21-22
Finance Minister to Hold GST Council, Budget Meetings on December 21-22

Finance Minister Nirmala Sitharaman will meet with State Finance Ministers on December 21-22 for pre-budget consultations and the Goods and Services Tax (GST) Council meeting. The Council is expected to discuss the proposed exemption or reduced GST rates on health and life insurance, following recent recommendations to exempt premiums on

by Amal Anzari
News   -   Nov 12, 2024 Andhra Pradesh Eyes $2 Trillion Economy with Global Maritime Partnerships
Andhra Pradesh Eyes $2 Trillion Economy with Global Maritime Partnerships

The Andhra Pradesh government is building international collaborations to advance port-led infrastructure development, aiming to position itself as a leading maritime state by 2030 and achieve a $2 trillion economy by 2047. Infrastructure and Investment Secretary S. Suresh Kumar outlined this vision at the Economic Development Cooperation Fund conference hosted

by Amal Anzari
News   -   Nov 11, 2024 India Gains Ground as Reliable Apparel Sourcing Hub for US Buyers
India Gains Ground as Reliable Apparel Sourcing Hub for US Buyers

India’s share of US apparel imports rose from 4% in 2013 to 5.8% in 2023, supported by political stability and vertical integration in its textile industry, according to a report by the US International Trade Commission (USITC). India exported $4.6 billion in apparel to the US in

by Amal Anzari
News   -   Nov 11, 2024 Bilateral Trade in National Currencies Prioritised Ahead of India-Russia Talks
Bilateral Trade in National Currencies Prioritised Ahead of India-Russia Talks

External Affairs Minister S. Jaishankar, at the India-Russia Business Forum in Mumbai, highlighted the importance of bilateral trade in national currencies, citing Special Rupee Vostro Accounts as an effective mechanism. Current bilateral trade stands at $66 billion, with a target of $100 billion by 2030. Connectivity projects, including the International

by Amal Anzari
News   -   Nov 11, 2024 Trump 2.0 Could Alter India’s FDI Inflows, Says SBI Report
Trump 2.0 Could Alter India’s FDI Inflows, Says SBI Report

A report by the State Bank of India (SBI) suggests that another term for Donald Trump could shift foreign direct investment (FDI) patterns in India, as the former Trump administration’s regulatory policies encouraged capital back to the United States, impacting global FDI inflows. Should similar policies return in Trump’

by Amal Anzari
News   -   Nov 11, 2024 Russian-Indian Business Forum to Discuss Trade, Technology, and Interregional Ties
Russian-Indian Business Forum to Discuss Trade, Technology, and Interregional Ties

Russia's First Deputy Prime Minister Denis Manturov will attend the Russian-Indian Business Forum in Mumbai, focusing on industrial cooperation, transport, finance, digital technologies, and interregional ties. Organised by the Business Council for Cooperation with India and the Federation of Indian Chambers of Commerce and Industry (FICCI), the event

by Amal Anzari
News   -   Nov 08, 2024 Government Shifts GDP Data Release to Align with Market Close
Government Shifts GDP Data Release to Align with Market Close

The Government of India will now release quarterly Gross Domestic Product (GDP) estimates at 4:00 PM IST, aligning with financial market close; the next update for July-September 2024 is set for November 29.

by Amal Anzari
News   -   Nov 08, 2024 Foreign Capital Retreat Hits Finance and Energy Markets
Foreign Capital Retreat Hits Finance and Energy Markets

In October 2024, foreign institutional investors (FIIs) sold banks and other financial equities worth roughly ₹26,139 crore ($3.15 billion), withdrawing ₹1,13,859 crore ($13.72 billion) from India's secondary market. According to the National Securities Depository Limited (NSDL) statistics, oil and gas stocks valued at

by Daanish Narayan
Latest Articles 8 Articles
News   -   Jan 15, 2025 Pixxel Sends Three Hyperspectral Satellites into Orbit with SpaceX
Pixxel Sends Three Hyperspectral Satellites into Orbit with SpaceX

Bengaluru-based startup Pixxel announced the launch of three of the world's highest-resolution commercial hyperspectral satellites from the Vandenberg Space Force Base in California on Wednesday. The Firefly constellation satellites were integrated via Exolaunch and launched aboard the Transporter-12 rideshare mission with SpaceX. The launch took place around 1

by PTI
News   -   Jan 15, 2025 GOP Lawmaker Warns Adani Case Could Harm US-India Relations
GOP Lawmaker Warns Adani Case Could Harm US-India Relations

A Republican lawmaker has asked the US Department of Justice to preserve all records in connection with the "selective prosecution" of billionaire industrialist Gautam Adani and his group of companies by the Biden administration. The demand comes less than a week before the Donald Trump administration takes office.

by PTI
News   -   Jan 15, 2025 Delhi Excise Case: Home Ministry Approves Prosecution of Kejriwal
Delhi Excise Case: Home Ministry Approves Prosecution of Kejriwal

The Union Home Ministry has granted sanction to the Enforcement Directorate to prosecute former Delhi chief minister and AAP national convenor Arvind Kejriwal in the excise policy linked money laundering case, officials said. The federal agency has filed a chargesheet against the 56-year-old politician before a special Prevention of Money

by PTI
News   -   Jan 15, 2025 Armed Forces' Welfare a Govt Priority, says PM Modi
Armed Forces' Welfare a Govt Priority, says PM Modi

Prime Minister Narendra Modi on Wednesday lauded the Indian Army for its determination, professionalism and dedication, and underlined his government's commitment to the welfare of armed forces and their families. In posts on X on Army Day, he said, "Today, on Army Day, we salute the unwavering

by PTI
News   -   Jan 15, 2025 Odisha Eyes Greenfield Steel Plant Deal in Keonjhar
Odisha Eyes Greenfield Steel Plant Deal in Keonjhar

Odisha Chief Minister Mohan Charan Majhi on Tuesday said he is hopeful that the MoU for establishment of a "mega" steel plant in mineral-rich Keonjhar district would be signed during a business conclave in the state on January 28-29. Majhi said he is focusing on signing of the

by PTI
News   -   Jan 15, 2025 Singapore President Arrives in Delhi for Five-Day Visit
Singapore President Arrives in Delhi for Five-Day Visit

President of Singapore Tharman Shanmugaratnam arrived here on Tuesday night on a five-day visit that aims to further boost bilateral ties in a range of areas. Shanmugaratnam, accompanied by a high-level delegation, was received at the airport by Union Minister Jitin Prasada. It is his first visit to India as

by PTI
News   -   Jan 15, 2025 Jaishankar Discusses Bilateral Progress with Spanish Leaders in Madrid
Jaishankar Discusses Bilateral Progress with Spanish Leaders in Madrid

External Affairs Minister S Jaishankar on Tuesday called on Spanish President Pedro Sanchez and reiterated the "long-standing" India-Spain partnership, updating him on the progress in bilateral cooperation. Separately, he also called on the King of Spain Felipe VI. Jaishankar arrived in Spain on Monday for a two-day official

by PTI
News   -   Jan 15, 2025 Fog Disrupts Dialy Life in the National Capital
Fog Disrupts Dialy Life in the National Capital

A thick layer of very dense fog covered New Delhi on Wednesday morning. The national capital's air quality fell into the "very poor" range. The Central Pollution Control Board reports that at 7 a.m. today, the AQI was measured at 344 in Delhi. It was

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