India’s Russian oil imports set to hit three-year low in December amid sanctions pressure
India’s Russian oil imports are set to hit their lowest in at least three years in December, down from multi-month…
Category: Financial
Asian Development Bank sanctions $400 million loan to boost road connectivity across Maharashtra
The Asian Development Bank (ADB) has approved a $400 million loan in a results-based lending program to improve road connectivity…
New taxation model for tobacco? Government mulling options to replace compensation cess: Report
The government is examining multiple options to replace the existing compensation cess levied on tobacco products, as per a report…
Moody’s flags weak revenue growth for India as tax cuts reduce fiscal space
Moody’s Ratings said tax cuts in the current fiscal has dented India’s revenue growth, leaving less scope for fiscal policy…
Scheme to address NTBs faced by exporters soon
To design the support measures for exporters, the government has asked them to submit details of non tariff measures (NTB)…
Russian Urals discount widens to $6/bbl after US sanctions
The discounts on Russian Urals against the Oman/Dubai benchmark on a designated ex-ship India basis has widened to over $6…
India’s climate action must fuel growth: CEA
India’s energy transition and climate action must be firmly aligned with national development priorities and cannot come at the cost…
I-T compliance forms for charitable entities may be eased
The finance ministry is reviewing and simplifying the compliance forms used by the charitable institutions for return filings, registration and…
Cabinet nod to ₹7,300-crore rare earth magnet scheme soon
The Union Cabinet is likely to approve the rare earth permanent magnets (REPM) manufacturing incentive scheme with a corpus of…
Despite US tariff, India’s marine exports rise 16% in Apr-October
Despite being hit by the US’s tariff leading to decline in shipment, India’s exports of marine products increased by over…