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Articles for Economy

Kharif Sowing Registers 2.2% Increase With Planting Window About To End

Commodity-wise, paddy, pulses, oilseeds, millets, and sugarcane sowing remained higher year-on-year. Sowing for cotton and jute/mesta has, on the other side, been on the lower side

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Recent Developments In Bangladesh Haven't Had Major Impact On India's Trade

The rating agency Crisil does not foresee any near-term impact on India Inc.'s credit quality

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Brace For Mega Shopping Extravaganza As Amazon, Flipkart, Meesho Unveil Festive Sales

With the festive shopping season in full swing, Indian consumers can look forward to massive savings and a seamless shopping experience across all three platforms

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Wholesale Inflation Hits Four-Month Low At 1.3% In August

According to government data released on 17 September 2024, fuel and power prices recorded a 0.7 per cent decline compared to a 1.7 per cent rise in July

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India’s Trade Performance Shows Mixed Results, Exports Grow Modestly, Imports Surge

The cumulative value of merchandise exports alone was USD 178.68 billion, registering a slight growth of 1.14 per cent from USD 176.67 billion in April-August 2023

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Few Mumbai Real-estate Developers Collecting LUC Tax Despite SC Order

In 2023, SC had upheld a HC order, which said the MCGM cannot levy property tax on the capital value of Land Under Construction. Few Mumbai developers still collect tax from home buyers blatantly by mentioning the same in the property purchase agreements, which is illegal

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India Needs National Bioplastic Policy With Fiscal Incentives: Report

This financial support is essential to help offset the high initial production costs and make bioplastics more economically viable

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In August, India's Exports Decline 2.4%, Imports RIse 3.5%; Trade Deficit Widens

During the first five months of 2024-25, India's total exports now stand at around USD 328.86 billion, up 5.35 per cent year-on-year

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ICC To Give Equal Prize Money To Men And Women In World Cups

Women will receive the same prize money as their male counterparts, starting with the women’s T20 World Cup 2024

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India’s Wholesale Inflation Moderates To 1.31% In Aug

The month-over-month change in the wholesale price index (WPI) for August 2024 stands at negative 0.45 per cent

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