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Articles for Economy

India-Africa Are Exploring Rupee Trade, To Improve Commerce: Noel Tata

Tata underlined the importance of building mutual trust between financial institutions in India and Africa, stressing that this would pave the way for broader private-sector participation

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Kharif Crops Sowing Sees Over 2% YoY Rise As Of 16 Aug: Data

India’s main Kharif crop, paddy or rice, has witnessed a 5.6 per cent YoY increase in its sowing, as the total area sown stood at 369.05 lakh hectares as of 16 August 2024, up from 349.49 lakh hectares during the same period last year

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Localising Construction Equipment Parts Could Yield Rs 25,000 Cr Opportunity By FY30

The Indian MCE industry imports nearly 50 per cent of its component requirement (by value) from suppliers based out of China, Japan, and South Korea, among others

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PM Modi's Game Of Chess And The Bangladesh Crisis

How Bangladesh will realise the cost of its anti-India stance and the issue of Rahul Gandhi's foreign citizenship is shaping the game of chess

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Income Tax
CBDT Issues Central Action Plan 2024-25 To Resolve High-Priority Tax Demand Cases, Prepare Roadmap Of IT Department

The CBDT has identified the top 5,000 tax arrear cases, which constitute approximately 60 per cent of the total outstanding tax demand of over Rs 43 lakh crore

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Consumer Staples Volume To Witness Growth In Coming Quarters: Report

Consumer staples companies have struggled to maintain volume growth momentum during the last two years, largely due to external challenges such as erratic monsoons and high inflation, which severely dampened consumption in the mass segment

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Assets Of Private ARCs To De-grow By 7-10% In FY25: Crisil

The rating agency estimates the Private asset reconstruction companies (ARC) assets under management (AUM) at Rs 1.2 to Rs 1.25 lakh crore by the current fiscal, a decline from Rs 1.35 lakh crore in the previous fiscal

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India’s Trade Deficit With Saudi Arabia Declines By $11.1 Bn YoY in FY24: Report

India’s exports to Saudi Arabia stood at USD 11.6 billion in the financial year 2024 as compared to imports worth USD 31.8 billion in the previous financial year

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