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Economy / The Hindu Businessline

AIRIA seeks duty cut on imports of natural rubber

The availability of raw materials in the country is a big challenge and the industry is on the verge of closure due to escalating prices of raw materials, says Shashi Kumar Singh, president, AIRIA

15 Jan 2025 1:27 pm
KCCI seeks urgent restoration of crucial stretch of road on NH-75

A delegation of KCCI says, the 10-km stretch between Maranahalli and Addahole has become a significant bottleneck for commuters

15 Jan 2025 1:26 pm
Wheat acreage nearly complete, exceeds last years total

Though the weekly area coverage was only 26,000 hectare during January 4-10 as against nil reported in its previous week, the possibility of adding more area under wheat is very less

15 Jan 2025 1:22 pm
Over 250 flights delayed at Delhi Airport as fog reduces visibility

As per airport sources, poor visibility conditions at Delhi or destination airport led to flight delays, diversions as well as a few cancellations

15 Jan 2025 12:28 pm
Solar Power Generating system not an immovable property, says AP HC

The property, which is attached to a structure embedded in the earth, would also become immoveable property only when such attachment is for the permanent beneficial enjoyment of the structure, which is embedded in the earth

15 Jan 2025 9:45 am
India finalising FTAs after extensive stakeholder consultations: Piyush Goyal

Highlighting the significant commitment of USD 100 billion FDI from the EFTA agreement, he underscored the governments strategic partnerships with countries such as Australia and the UAE.

14 Jan 2025 10:19 pm
Government plans extensive consultations on draft DPDP Rules 2025: Ashwini Vaishnaw

This follows the initial meeting where feedback from various sectors, including technology and finance, was gathered.

14 Jan 2025 9:50 pm
Blue Dart unveils new integrated logistics hub in Delhi to boost connectivity

Strategically located on the Dwarka Expressway near IGI Airport, this 2.5 lakh sq ft facility connects seamlessly to major transport hubs, including the Gati Shakti Logistics Corridor

14 Jan 2025 8:22 pm
PM to dedicate three naval ships to nation in Mumbai tomorrow

The commissioning of 3 major naval combatants marks a significant leap forward in realizing Indias vision of becoming a global leader in defence manufacturing and maritime security

14 Jan 2025 8:01 pm
Alliance Air to connect Imphal with 3 new destinations

These flights will bolster travel, trade and tourism in the Manipur region with the new connectivity from across the country, the Ministry of Civil Aviation said in a post on X

14 Jan 2025 6:34 pm
India set to boost textile sector with Budget incentives amid Bangladesh crisis

This move comes in light of ongoing political turmoil in Bangladesh, which has led global retailers to seek alternative sourcing options, favouring Indian suppliers

14 Jan 2025 5:55 pm
Commerce Ministry may seek 5-year extension of interest equalisation scheme for exporters in Budget

The scheme helps exporters from identified sectors and all MSME manufacturer exporters to avail of rupee export credit at competitive rates at a time when the global economy is facing headwinds

14 Jan 2025 4:44 pm
The Golden Spice gets its due: National Turmeric Board launched

The new board aims to boost turmeric exports to $1 billion by 2030

14 Jan 2025 12:05 pm
India poised to lead G20 in insurance growth with 7.3% annual premium surge in 2025-29: Swiss Re

Life insurance industry premium growth seen at 5 percent in 2025; Average 6.9 percent increase in 2025-29

14 Jan 2025 12:02 pm
Ayodhya-based Pakka Ltd to set up compostable packaging unit in Guatemala

Company to shift R&D Centre to Portland from Bengaluru, says CEO Ved Krishna

14 Jan 2025 10:00 am
Increased demand of Indians to come to America isnt a problem, but an opportunity: Garcetti

More than 5 million Indians currently hold United States visas, says outgoing US Ambassador to India

13 Jan 2025 9:17 pm
More than 18,500 cr worth contract in pipeline for Army modernisation: Gen Dwivedi

He also shared that the Indian Army is looking for 354 Zorawar light tanks which are now undergoing trials. Expression of interest for the light tank was issued in April 2023 which is going to cost 17,000 crore

13 Jan 2025 9:04 pm
Foreign banks, brokerages predict single-digit growth in Centres capex for FY26

Analysts cite fiscal consolidation, slower credit growth, and restrained tax revenues as factors impacting expenditure

13 Jan 2025 8:38 pm
OPEC, IEA to launch reports on Indias oil & gas sector at IEW 2025

At IEW 2024, the International Energy Agency (IEA) has launched a report on the oil outlook till 2030 in the worlds third largest energy consumer

13 Jan 2025 8:35 pm
Nandini partners with Chai Point for Maha Kumbh Mela

The initiative also aims to achieve a Guinness World Record for the highest number of tea cups sold at a single event, according to KMF

13 Jan 2025 8:28 pm
US sanctions on Russia may have a bearing on Indian refiners term deals talks with Middle East

While Russian shipments remain steady, India may face tougher negotiations and pricing pressures in upcoming term contracts

13 Jan 2025 8:25 pm
Revamped interest equalisation scheme for exports may include only value-added items

MSME exporters across sectors likely to continue to benefit; subsidy rates may be unchanged

13 Jan 2025 8:10 pm
GST officers must provide written grounds for arrest and get acknowledgment, says CBIC

The updated procedure ensures that individuals are fully informed of the grounds for their arrest, enhancing transparency in the process

13 Jan 2025 8:08 pm
Direct tax collections surge to 16.9 lakh crore, surpassing 76% of FY25 targets

The growth is attributed to improved compliance and technology usage, alongside higher individual incomes

13 Jan 2025 7:59 pm
Maharashtra to set up permanent mechanism for soyabean procurement

State to launch agro hubs along Samruddhi Express way under Magnet Project

13 Jan 2025 7:56 pm
Beverage industry express challenges in meeting recycled plastic norms for PET bottles from April 1

Several industry bodies including Indian Beverage Association and Federation of Indian Chambers of Commerce & Industry have expressed that their are challenges in meeting these norms in their representations to the government

13 Jan 2025 7:53 pm
India's renewable energy capacity rises 16% to nearly 210 GW by 2024

In 2024, solar power spearheaded this growth with addition of 24.54 GW, registering 33.47 per cent year-on-year rise in its cumulative installed capacity to 97.86 GW in 2024

13 Jan 2025 7:29 pm
European demand lifts Indian soyameal exports in December

Soyabean continues to rule below MSP; Govt agencies have bought over 8.84 lakh tonne at MSP so far

13 Jan 2025 7:25 pm
Indias Agriculture Ministry holding survey on edible oil consumption pattern

It will help government and farmers to know consumer preference and cultivate demand-driven crops

13 Jan 2025 7:08 pm
India will face over $14.6 bn in additional duties, if US imposes 20% tariff: BCG Report

US imports from India totalled $84 billion in 2023 and India benefits from a low effective US tariff rate of 3 per cent

13 Jan 2025 6:59 pm
Government capex growth to slow down, fiscal consolidation to continue in FY26: Goldman Sachs

Finance Minister Nirmala Sitharaman is likely to announce a 13 per cent increase in the public capex for the new fiscal

13 Jan 2025 6:37 pm
Mangaluru airport sets new record for passenger handling in a single day

The airport handled the arrival and departures of 7,710 passengers on January 12, making it the highest ever since the airports commercial operation date (COD) of October 31 2020

13 Jan 2025 6:30 pm
Goodluck Industries to add 500 cr revenue from new hydraulic tube plant

Besides the incremental revenue of Rs 500 crore, said Aggarwal, the product has the ability to generate EBITDA of 16 per cent

13 Jan 2025 6:14 pm
Sabarimala pilgrim season perks up demand for black pepper

Prices gain as pilgrims buy the spice on way back home

13 Jan 2025 6:08 pm
Aviation Ecosystem: Safran to make significant investments in MROs

Notably, the global aerospace major is looking at major investments in India in next couple of years panning civil and defence MRO, manufacturing, joint ventures and new developmental programs

13 Jan 2025 5:07 pm
Retail inflation dips to 5.2% in December

A significant decline in inflation was observed in vegetables, pulses and products, sugar and confectionery, personal care and effects, and cereals and products

13 Jan 2025 4:12 pm
One in four Indians have made religious trip in past year :Kantar

Majority of tourists to Haridwar and Ayodhya are male, indicating a need to make these destinations more appealing for women

13 Jan 2025 3:50 pm
Rupee crashes to record low, logs sharpest fall in two years as dollar strengthens

The currency fell 0.7% to close at 86.5750 amid limited intervention by the RBI and persistent foreign outflows

13 Jan 2025 2:48 pm
Subdued buying hit tea prices in Coonoor auctions

The high-priced teas and better liquoring sorts were generally easier by Rs 4 to 5 and more at times, occasionally some quality lots sold dearer by Rs 2 to 3 as well

13 Jan 2025 2:42 pm
HSBC projects 6.5% GDP in FY26, Indias growth will accelerate: MD Frederic Neumann

India on track to become third largest economy by 2027, Neumann says

13 Jan 2025 2:17 pm
US probe finds China unfairly dominates shipbuilding, paving way for penalties, sources say

U.S. Trade Representative (USTR) Katherine Tai launched the probe in April 2024 at the request of the United Steelworkers and four other U.S. unions under Section 301 of the Trade Act of 1974

13 Jan 2025 11:56 am
BSNLs Kolkata telecom factory at prime location on block

The property is freehold and is owned by BSNL for Dwelling house

13 Jan 2025 11:16 am
China's yuan hovers near 16-month low despite official support

The yuan is under renewed depreciation pressures, affected by a combination of a broadly stronger dollar, falling Chinese bond yields and escalating trade tensions with the U.S. and other economies

13 Jan 2025 10:46 am
Rupee pierces 86/USD mark to hit record low of 86.40 against US dollar in early trade

Compounding the Rupees woes is the sharp rise in crude oil prices, which has placed further strain on Indias current account

13 Jan 2025 9:58 am
US sanctions on Russia could push oil over $85: Goldman Sachs

Prices could touch $90 a barrel if the decline in Russian output coincides with a reduction in Iranian production: Goldman Sachs

13 Jan 2025 9:49 am
Domestic tractor sales dip slightly in 2024, exports see positive growth

Total tractor production remained below one million units for the second consecutive year

12 Jan 2025 9:24 pm
Finance Ministry to review progress of financial inclusion schemes with banks

DFS Secretary M Nagaraju to chair the meeting with chiefs of banks here on Wednesday

12 Jan 2025 9:07 pm
Jaishankar to attend Trumps swearing-in ceremony as US President: MEA

Foreign Ministers from Quad partners Japan, Australia also confirm attendance

12 Jan 2025 8:01 pm
Transit Traffic: Air India aims to double I-to-I segment in next 2-3 years

Currently, the international-to-international (I-to-I) segment constitutes around 10% of Air Indias overall international passenger traffic

12 Jan 2025 7:53 pm
Budget 2025: Govt mulls setting up marketing support fund to boost exports to US, other key markets

The proposed fund, with an annual corpus of about 1,000 crore, could be used for participating in fairs, exhibitions; meeting regulatory norms, say sources

12 Jan 2025 7:45 pm