Representational image of workers weighing and packing rice bags | Photo Credit: Reuters The Directorate General of Foreign Trade (DGFT) has removed the minimum export price for non-basmati white rice. In a notification on Wednesday, the DGFT removed the $490 a tonne minimum export price on non-basmati white rice with immediate effect. Similarly, the Department…
Image used for representational purpose. | Photo Credit: PTI As the price of chana dal (gram dal) continued to increase ahead of the upcoming festivities, the Union Consumer Affairs Ministry launched the second phase of retail sale of ‘Bharat Chana Dal’ in New Delhi on Wednesday (October 23, 2024). The all India average price of…
Union Finance Minister Nirmala Sitharaman. File | Photo Credit: ANI Finance Minister Nirmala Sitharaman stated that India wouldn’t have been the fastest-growing economy if the people hadn’t utilized the digital infrastructure. Also Read: India at forefront of digital revolution: RBI report The Minister emphasized the role of digital infrastructure in making India one of the…
Aspirants wait to board a train to go home after completing the Uttar Pradesh constable civil police direct recruitment examination in Lucknow. File | Photo Credit: The Hindu India is not producing enough good quality jobs for its people. A good quality job provides dignity, adequate compensation, an opportunity for learning, and advancement for those…
Representational image of rice grains being winnowed at a paddy field in Kerala. India has revoked the export duty on parboiled rice | Photo Credit: K.K. Mustafah The Union Government has scrapped the export tax on parboiled rice, it said in an official order on Tuesday (October 22, 2024), as inventories across India — the…
A view of the International Monetary Fund headquarters building in Washington, DC ahead of the 2024 IMF/World Bank Annual Meetings. | Photo Credit: AFP The International Monetary Fund (IMF) maintained its June growth rate projects for India in its latest World Economic Outlook (WEO) released on Tuesday (October 22, 2024), to kick off the World…
The global economic environment may present challenges but India is well positioned to capitalise on new growth opportunities, Finance Minister Nirmala Sitharaman has said, underlining that as nations re-evaluate their supply chains, India hopes to become a key partner for many countries seeking to diversify their sources of goods and services. Ms. Sitharaman made these…
Image used for representative purpose only. | Photo Credit: Reuters Four of the top-10 most-valued firms together added ₹81,151.31 crore in market valuation last week, with ICICI Bank and HDFC Bank emerging as the biggest gainers. Last week, the BSE benchmark declined 156.61 points, or 0.19%. While HDFC Bank, Bharti Airtel, ICICI Bank, and the…
The Kerala GST department have estimated the tax evasion by Malayalam actors as around ₹8 crore. | Photo Credit: Special Arrangement “On Saturday (October 19, 2024), the Group of Ministers (GoM) on GST rate rationalisation decided to lower tax rates on 20-litre packaged drinking water bottles, bicycles and exercise notebooks to 5%, but suggested raising…
File photo of RBI Governor Shaktikanta Das. | Photo Credit: PTI Reserve Bank Governor Shaktikanta Das on Friday (October 18, 2024) said that the central bank does not act like a policeman, but it maintains tight vigil on financial market and takes regulatory action whenever necessary. The RBI Governor’s remark came a day after the…
