Exports plunge record 60.28% to $10.36 bn in April, pandemic hits imports too; trade deficit narrows to $6.7 bn
The country's exports had contracted by 34.57 percent in March 2020.
Indian Oil Corp, the country’s top refiner, has raised crude processing at its plants to 60 percent capacity and aims to reach 80 percent by the end of this month, it said in a statement on Monday
India's exports plunged by a record 34.57 per cent in March due to a steep decline in shipments of leather, gems and jewellery and petroleum products, dragging the total exports in 2019-20 down to $314.31 billion, official data showed on Wednesday
Coronavirus will paralyse gig economy, big businesses; it's up to policymakers to not let this become full-blown economic crisis
To address the problems arising out of the unique structure of the Indian economy and to ensure that the economic engine keeps cranking, both monetary and fiscal measures will be required soon.
BPCL disinvestment: Vedanta chief Anil Agarwal says state-run company's valuation high, evaluating bid; oil PSU's m-cap at 92,920 cr
The government plans to sell its entire 52.98 percent stake in BPCL that will give buyers ready access to 14% of India's oil refining capacity and about one-fifth of the fuel market share in the world's fastest-growing energy market.
India's exports contracted marginally by 0.34 percent in November to $25.98 billion, while imports slowed to $38.11 billion, bringing down the trade deficit to $12.12 billion
President Gotabaya Rajapaksa's visit has potential to boost bilateral trade, investments with Sri Lanka: Assocham
Sri Lankan President Gotabaya Rajapaksa's visit to India has the potential to impart momentum to bilateral trade and investment ties while leveraging huge geo-cultural commonalities between the two nations, Assocham said on Friday
Pradhan Mantri Ujjwala Yojana brought Rs 3,000 cr investment, 3,000 jobs in Northeast, says official
The public sector undertaking Indian Oil Corporation currently has 10 LPG bottling plants across the northeast
Saudi Arabia eyes long-term partnership with India; to invest $100 bn in petrochemicals, infra, mining
Saudi Arabia is a key pillar of India's energy security, being a source of 17 percent or more of crude oil and 32 percent of LPG requirements of India
Narendra Modi, Nepal counterpart KP Sharma Oli inaugurate first-ever cross-border petroleum product pipeline
Saying that India committed to the growth and development of Nepal, Modi said that petroleum products have become more affordable for the Himalayan nation now.
Centre plans to make Essential Commodities Act simpler, may replace jail term with penalty, fine; seeks suggestions from states
The proposed amendment in the Essential Commodities Act is being done in consultation with the NITI Aayog with an aim to boost investment and ease of doing business without compromising on consumer protection.
India's exports grew by 2.25 percent to $26.33 billion in July, government data showed on Wednesday
GST Council Meet: Assocham seeks inclusion of petroleum products, says two-year period of exclusion is almost over
Industry body Assocham on Thursday sought inclusion of petroleum products in GST and subsuming of some local and state taxes like stamp duty
Budget 2019: Six ways new Finance Minister Nirmala Sitharaman can overhaul India's tricky direct tax system
With central excise and local sales tax accounting for roughly 50 percent of the petrol bunk prices, its migration to the GST regime brooks no delay
GST collections: Statistics belie potential but Narendra Modi govt's tax reform is still a work in progress
Indeed GST collections statistics belie the potential of GST i.e., what is in store for the nation from this historic makeover to the one-nation-one-tax eschewing the cascading effect.
India hopes to sign free trade pact with European Union in 'foreseeable future'; exports likely to reach peak level this year
In 2013-14, the country's merchandise exports touched $314.4 billion level. After that, exports came under immense pressure again due to global slowdown.
Budget 2019: Govt should raise tax on individuals earning above Rs 50 lakh to 40%; impose levy on super rich to fund welfare schemes
The interim budget 2019 to be presented on 1 February 2019 by Finance Minister Arun Jaitley can correct this skew with some path-breaking reforms that might appear to be just reversal of the past policies.
It is important for the Narendra Modi government to leave a imprint in the minds of the people with altruistic measures benefitting the entire nation
Manufacturing sector posts strong sales growth in Q2 on robust demand in iron, steel and petroleum: RBI
Demand condition in the manufacturing sector "maintained its pace in the September quarter 2018-19 as reflected in strong sales growth
In face of mounting public pressure, the Centre had in October cut excise duty by Rs 1.50 per litre on both petrol and diesel