ECONOMY
NEW DELHI The Earnings Tax Division has reminded its officers and officers to observe a service conduct rule concerning members of the family concerned in enterprise with the ‘sprite of rule’. That is a part of the vigilance train. Rule 15(3) of Central Civil Providers (Conduct) Guidelines 1964 prescribes, “Each Authorities servant shall report back … Read more
The Indian authorities is hopeful of a superb harvest of rabi crops this season (July 2023- June 2024) and is in contact with States to cut back the deficit in sowing areas of some key crops, notably wheat, Union Minister of Agriculture and Farmers’ Welfare Arjun Munda has mentioned. Talking to enterprise line, the minister … Read more
A repo charge lower could also be a long way away as the RBI’s Dynamic Stochastic Common Equilibrium (DSGE) mannequin for the Indian financial system has projected retail inflation to succeed in 4.8 per cent in FY25, which is above the financial coverage committee’s. 4 per cent goal. The trajectory of CPI inflation signifies a moderation after … Read more
Minister for Civil Aviation and Metal, Jyotiraditya Scindia, led discussions in the course of the Cargo Advisory Committee assembly on December 19, 2023. The session emphasised the federal government’s dedication to enhancing collaboration inside the cargo trade, notably in digital transformation. The assembly addressed the necessity for digital developments in air cargo, together with E-KYC … Read more
Container cargo price over ₹300 crore may have been broken as a result of incessant rain that pounded the Thoothukudi district on Sunday and Monday. Water logging was reported in container freight stations (CFS) and inland container depots (ICD) in Thoothukudi until Wednesday evening. There are 16 CFSs and one ICD in Tuticorin with over … Read more
New Delhi India and New Zealand will concentrate on methods to extend bilateral commerce and search for better areas to cooperate within the new 12 months, Todd McClay, Minister for Commerce, New Zealand stated. McClay, who’s on an official go to to India, met his Indian counterpart Piyush Goyal on Tuesday, and mentioned methods to … Read more
Assuring that India will produce sufficient coal to satisfy the nation’s growing energy demand, Coal Minister Pralhad Joshi stated on Wednesday that in FY25, using imported coal will come all the way down to 2 per cent from 4.6 per cent at current. Talking on the launch of the ninth spherical of business coal auctions, … Read more
The federal government might enable round 28 crore litres of ethanol any further to be produced from sugarcane juice (SCJ) as per the indicative revised allocation for SCJ and b-heavy molasses (BHM) launched by the Oil Advertising and marketing corporations (OMCs). As per the indicative allocation checklist, the OMCs have allotted 42.56 crore litres to … Read more
There’s an pressing want to reinforce the information concerning climate-resilient practices amongst farmers whereas personal sector ought to play a serious position in growing inexperienced applied sciences within the farm sector, in keeping with specialists who spoke at an agriculture occasion. Addressing the one-day occasion on December 19, organised by Arya.ag, an built-in grain commerce … Read more
India’s States are grappling with a number of challenges in sustaining capital expenditure momentum, each by way of expenditure and income. That is anticipated to solely exacerbate by the reversion to the previous pension scheme (OPS) by a number of States and expectations of different States following swimsuit, in accordance with a report by RBI officers. “(This) … Read more