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Articles for Economy

Sitharaman Says "Numbers Speak For Themselves" As Indians Increasingly Opting New Tax Regime

India's direct taxation, the Union minister, says very clearly understands the requirements of the people and gives them a flexible way of transitioning to a simpler easier, and easy-to-comply system

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Rural Demand In FMCG Sector To Grow More In Coming Quarters: Report

Rural demand has played a pivotal role in the fast-moving consumer goods (FMCG) sector’s resurgence, supported by a normal monsoon, strategic rural distribution expansion, and the launch of region-specific products

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India To Invest $300 Mn To Combat Floods & Conserve Water

The Centre is going to spend nearly USD 300 million in the next two years to expand the water bodies along with building drains in seven cities including Bengaluru and Mumbai

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Amul Is World’s Strongest Food And Dairy Brand: Report

The annual report by Brand Finance, a global brand valuation consultancy, highlights the growing influence of Amul in the international market

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TN Investment Conclave 2024: CM Stalin Launches 47 Projects Worth Rs 68,773 Cr

There is also one big investment from a Singapore-based company 'Semcorp' which has invested around Rs 36,000 crores

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Growth Of Ecommerce ‘A Matter Of Concern’, Says Piyush Goyal

Union Minister Piyush Goyal states that ecommerce is eating into the small retailers’ high-value, high-margin products which are the only products through which they survive

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Neglecting Food Price Inflation Can Have Negative Consequences: Study

The paper states that in India, food is a much more important component of the consumption basket and the approach of looking through fluctuations in food and fuel price inflation without consequences for core inflation might not work as far as India is concerned

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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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