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NEW DELHI: With the new government taking charge in Britain, senior officials of India and the UK will hold the next round of talks this month for the proposed free trade agreement to resolve the pending issues and close the negotiations, an official said. The India-UK talks for the...
NEW DELHI: As many as 73 per cent Indians prefer to read ingredient lists and nutritional value before purchasing any snack, reveals a new survey, highlighting the majority of Indians’ growing inclination towards healthy snacking. Based on a survey of over 6,000 people across India, the Healthy Snacking Report...
KOLKATA: The Sebi-appointed expert group on exchange-traded derivatives started discussions on seven proposals to address regulatory issues and protect small investors from risks in index and stock option trading, sources said. The panel members would recommend short-term strategies to bolster investor protection and improve risk metrics in this market...
NEW DELHI: India’s coal import rose 5.3 per cent to 52.29 million tonnes (MT) in the first two months of the ongoing fiscal as against the year-ago period. The country’s coal import was 49.62 MT in April and May in FY24, according to data compiled by mjunction services ltd...
NEW DELHI: Fast-moving consumer goods companies expect single-digit volume growth along with expansion in margins during the April-June quarter of this fiscal, helped by a revival in rural demand and a stable urban market. Listed FMCG companies such as Dabur, Marico and Adani Wilmar in their latest quarterly updates...
India’s export of petroleum products declined by 5% in June to 1.19 million barrels per day against 1.24 million barrels per day registered in May, data from energy cargo tracking firm Vortexa showed. On an year-on-year basis, exports fell over 8% in June. While exports to Europe rebounded by...
KOLKATA: Damodar Valley Corporation (DVC) on Friday announced that it has planned to invest Rs 20,000 crore by 2030 to install nearly 4,000 MW of solar capacity, a top official said. The corporation, created for flood control and development in the Damodar Valley, envisions investment worth Rs 50,000-60,000 crore...
NEW DELHI: Steel Authority of India Ltd will be investing Rs 6,500 crore towards capex during the current financial year as part of its Rs 1 lakh crore investment plan over the next few years, SAIL CMD Amarendu Prakash said on Friday. Speaking to mediapersons on the sidelines of...
NEW DELHI: An India-Russia joint venture that was set up to produce the AK-203 assault rifles has completed its first phase with the delivery of 35,000 sets to the Indian Army and the facility at Amethi is now fully equipped to produce the rifles in large numbers. The Amethi...
India’s annual defence production hit a record high of almost Rs 1.27 trillion (Rs 1,26,887 crore) in FY24, growing 16.7 per cent over the previous year’s figure of almost Rs 1.09 trillion (Rs 1,08,684 crore), announced an official release issued by the Ministry of Defence (MoD) on Friday. This...
NEW DELHI: In an attempt to provide social security and welfare to more workers, the labour ministry has fixed physical targets for FY25 for its three main flagship programs — employee pension scheme (EPS), National Career Services (NCS), and eShram, an official source said. In FY25, the ministry aims...
NEW DELHI: The Telecom Regulatory Authority of India (TRAI) is likely to relax some of the parameters in the proposed quality of service (QoS) rules that have been termed too stringent to meet by the industry. The regulator though has stressed that telecom operators must improve service quality, especially...
NEW DELHI: The government is assessing a proposal to increase the tax-deductible amount on interest earned from savings accounts to ₹25,000, people familiar with the matter told ET. A suggestion in this regard was made by banks at a meeting with key finance ministry officials last week, they said....
NEW DELHI: More than one in five enterprises within the expansive unorganised sector used the internet for entrepreneurial activities, such as taking orders or conducting transactions, during the October 2022-September 2023 period, revealed the latest Annual Survey of Unincorporated Sector Enterprises (ASUSE), by the National Statistical Office (NSO). The...
NEW DELHI: Markets regulator Sebi has issued new guidelines to streamline operations and enhance the ease of doing business for credit rating agencies. The circular introduces specific timelines for dealing with appeals made by companies regarding rating actions carried out during periodic surveillance of ratings. These modifications will be...
NEW DELHI: The government is looking at a multi-pronged strategy to address the decline in foreign direct investment (FDI) inflows. “Internal discussions are on for further liberalisation of FDI,” Rajesh Kumar Singh, secretary at the department of promotion of industry and internal trade (DPIIT) said on Thursday, without elaborating...
NEW DELHI: The country’s socioeconomic survey architecture is set for a major upgrade. Apart from the conventional surveys like those to track household consumption expenditure, labour force participation, and the annual survey of industries, a whole new set of activities is going to be surveyed on a periodic basis....
NEW DELHI: The country will have a Producer Price Index (PPI) to gauge the price pressures in the next few months, in addition to the extant consumer price index, and wholesale price index (WPI) may be on its way out. The model for the proposed PPI has been finalised,...