New Delhi, April 17 (IANS) As deliberations on the upcoming budget gather pace, Pakistan Finance Minister Muhammad Aurangzeb’s recent engagement with trade bodies and the business community has thrown up a set of entrenched concerns that continue to weigh on economic activity, according to an editorial in the Karachi-based Business Recorder newspaper. Stakeholders pointed to the persistently high cost of doing business, tightening liquidity, chronic infrastructure gaps and most importantly, po…
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Jaipur, April 8 (IANS) Prime Minister Narendra Modi will visit Rajasthan on April 21 to inaugurate the Pachpadra Refinery in Balotra, a greenfield refinery and petrochemical complex. Sharing this information on his official ‘X’ handle, Chief Minister Bhajanlal Sharma expressed pride over the Prime Minister’s visit to the state. He stated that it is a matter of great honour that Prime Minister Narendra Modi is coming to the land of Rajasthan to dedicate this significant project.”“It gives…
New Delhi, April 1 (IANS) Domestic gross GST collections rose 8.8 per cent year-on-year to Rs 2 lakh crore in March 2026, driven by steady domestic revenues and a sharp uptick in import-related collections, according to official data released on Wednesday.Gross GST revenue stood at Rs 2,00,064 crore in March, compared to Rs 1,83,845 crore in the same month last year. The growth was led by a strong 17.8 per cent rise in import revenues, while domestic revenues increased at a relatively moderate p…
New Delhi, Dec 23 (IANS) Net foreign direct investment (FDI) in India nearly doubled to $6.2 billion during April‑October from $3.3 billion a year earlier, primarily due to fall in repatriation of foreign capital despite a rise in outward FDI, an official statement has said.The RBI’s December Monthly Bulletin said gross inward FDI rose marginally to $58.3 billion in April‑October from $50.5 billion a year ago, and remained steady in October with Singapore, Mauritius and the United States a…
New Delhi, Dec 23 (IANS) Despite an unfavourable and challenging external environment, the Indian economy has shown remarkable resilience and is poised to register high growth, RBI Governor Sanjay Malhotra has said.According to him, the headroom provided by the inflation outlook has allowed us to remain growth supportive.“We will continue to meet the productive requirements of the economy in a proactive manner while ensuring macroeconomic stability,” he said in the Central Bank’s December …