Tag Archives: foreign

Das faces bigger challenge in second term to leave a legacy

Mumbai: Forecasts in financial markets, more often than not, end up being way off the mark. But one forecast that everyone involved in crystal-ball gazing on the Indian economy seems to have got right was the reappointment of Shaktikanta Das … Continue reading

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Nirmala Sitharaman meets UK, Singapore, Canada FMs; discusses opportunities for collaboration

Finance Minister Nirmala Sitharman on Friday met her counterparts in Singapore and Canada and discussed various issues, including economy, health and opportunities for collaboration. Sitharaman met UK Chancellor of the Exchequer Rishi Sunak, Singapore Finance Minister Lawrence Wong and Canada’s … Continue reading

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Investment liberalisation, structural reforms could help deepen India’s integration in global value chains

Further liberalisation aided by structural reforms could help deepen India’s integration in global value chains and its post-pandemic recovery, the International Monetary Fund said on Monday. Alfred Schipke, Director, IMF-STI Regional Training Institute and former IMF India Mission Chief said … Continue reading

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Impartial audit essential for resilient economy, says Reserve Bank Governor Shaktikanta Das

Reserve Bank Governor Shaktikanta Das said on Monday that fair and impartial auditing is essential for a resilient economy as it instils confidence among citizens\R. Addressing officers at the National Academy of Audit and Accounts, Das said that audit is … Continue reading

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ISF seeks lower rate of contribution towards social security for entry-level workers

The Indian Staffing Federation has sought a lower rate of contribution towards social security for entry level workers and reduction in GST rates for staffing firms from the current 18% to 5% arguing that employment services be treated as ‘merit … Continue reading

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Pen makers ask Finance Ministry to reduce GST rate

Mumbai: Pen manufacturers have sought a reduction in goods and services tax (GST), saying the government’s recent move to club all pens under the 18% GST bracket has pushed up cost and hit sales. Earlier, a GST rate of 18% … Continue reading

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Onion prices not ‘extraordinarily high’; no case for banning exports: Food Secretary Sudhanshu Pandey

Retail onion prices are not “extraordinarily high” to necessitate banning export of the key kitchen staple and buffer stocks are being released to cool down the prices further, Union Food Secretary Sudhanshu Pandey said on Friday. State governments are of … Continue reading

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India offers spectrum of opportunities: FM Nirmala Sitharaman tells CEOs

India offers a spectrum of opportunities to investors and business firms, Finance Minister Nirmala Sitharaman told executives of top American companies as she met and apprised them of various flagship programmes of the Indian government under the Atma Nirbhar Bharat. … Continue reading

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Canteen services for employees out of GST net

Canteen charges collected from employees will now be outside the gamut of goods and services tax following a tax ruling that offers some relief to several large industrial and manufacturing units. In a recent ruling, the Gujarat Authority for Advance … Continue reading

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USIBC meets FM Nirmala Sitharaman; praises India’s reform trajectory

Members of the influential US India Business Council in their meeting with Union Finance Minister Nirmala Sitharaman Wednesday praised India’s reform trajectory and exuded confidence in the growing Indian economy. “We praised her reform trajectory and discussed new opportunities to … Continue reading

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