Government says IMF debt warning a worst case scenario
NEW DELHI : The Indian Government said on Friday a warning from the International Monetary Fund (IMF) that the country’s debt to GDP ratio could hit 100 per
Lok Sabha passes Bill to give immediate effect to Customs & Excise Duty proposals in Budget
NEW DELHI : The Lok Sabha on Tuesday passed a Bill that seeks to give immediate effect to the changes in customs and excise duties announced in the
Centre likely to achieve fiscal deficit target of 5.9% of GDP in FY24
NEW DELHI : The Indian government is likely to achieve its fiscal deficit target of 5.9% of gross domestic product (GDP) in the financial year 2023-24, Junior Finance Minister Bhagwat
Indian Govt is likely to address inverted duty structure for certain products in Budget
NEW DELHI : The government is likely to address the issue of inverted duty structure for certain products in the forthcoming Budget to boost domestic manufacturing, an official
VOC Port’s Rs 7056 Cr outer harbour box terminal gets PPPAC nod
THOOTHUKUDI : Union Government-owned V O Chidambaranar Port Authority located in Tamil Nadu’s Thoothukudi district has secured backing from the Public-Private-Partnership Appraisal Committee (PPPAC) to build a 4
DRI celebrates 66th Founding Day in Gandhinagar
GANDHINAGAR : The Directorate of Revenue Intelligence (DRI), the apex anti-smuggling agency of the Central Board of Indirect Taxes & Customs (CBIC), celebrated its 66th Foundation Day at Gift
Finance Ministry may assume nominal GDP growth at 11% for FY25
NEW DELHI : The Finance Ministry may peg nominal gross domestic product (GDP) growth at around 11 percent for the next financial year, about 50 basis points higher
FM Sitharaman admits Israel-Hamas war poses challenge to plan for India-Middle East-Europe corridor
NEW DELHI : Finance Minister Smt Nirmala Sitharaman admitted on Wednesday that the Israel-Hamas war poses a challenge to the proposed India-Middle East-Europe Connectivity Corridor (IMEC) which is
Maritime India on the move with govt backing: FM
NEW DELHI : Finance Minister Smt Nirmala Sitharaman on Wednesday laid out the government’s plans to “position India as a hub in new and diversified supply and value
India signs pact with ADB for $400-million loan to support urban reforms
NEW DELHI : The central government recently signed a USD 400 million policy-based loan with the Manila-based Asian Development Bank (ADB) to support its urban reform agenda to