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Sitharaman calls for taxpayer-friendly regime, reduced litigation

New Delhi, July 24 -- With the 31 July income tax return (ITR) filing deadline approaching, finance minister Nirmala Sitharaman on Friday asked officials to make the system more taxpayer-friendly by e... Read More


Centre lines up fresh CPSE stake sales through OFS to fast-track Rs.80,000-crore FY27 disinvestment goal

New Delhi, July 24 -- The government is preparing for another round of minority stake sales in listed state-run companies through the offer-for-sale (OFS) method. This move aims to accelerate progress... Read More


Govt weighs handloom insurance scheme revamp

New Delhi, July 24 -- The textiles ministry plans to overhaul the insurance component in its flagship weavers' welfare programme, Handloom Weavers' Comprehensive Welfare Scheme, after enrolment fell f... Read More


Parliamentary panel asks Centre to speed up digital overhaul of public distribution system

New Delhi, July 23 -- A parliamentary standing committee on consumer affairs, food and public distribution has asked the Centre to accelerate the rollout of the Rs.349.9-crore Scheme for Modernization... Read More


Textiles ministry weighs revamp of handloom weavers' insurance scheme amid low enrolment

New Delhi, July 23 -- New Delhi: The textiles ministry plans to overhaul the insurance component in its flagship weavers' welfare programme, Handloom Weavers' Comprehensive Welfare Scheme, after enrol... Read More


RBI links broad-based edible oil price rise to biofuel use, cites Indonesia's B50 mandate

New Delhi, July 23 -- The Reserve Bank of India (RBI) has linked the recent broad-based rise in edible oil prices to the growing diversion of edible oils for biofuel production, citing Indonesia's dec... Read More


India's economic activity boomed in June: Icra

New Delhi, July 23 -- India's economic activity accelerated sharply in June, with Icra's Business Activity Monitor (BAM) hitting a 32-month high on broad-based gains across high-frequency indicators. ... Read More


Govt appoints Anurag Jain as NITI Aayog CEO to steer policy think tank for two years

New Delhi, July 22 -- The government on Wednesday appointed seasoned bureaucrat Anurag Jain, a former secretary in the department for promotion of industry and internal trade (DPIIT) and the ministry ... Read More


Textile prices likely steady for now, but global cotton risk lingers

New Delhi, July 22 -- The below-normal rainfall associated with El Nino may be good news for the cotton sector, as officials and industry executives expect farmers in key rain-fed states to shift from... Read More


Economic activity hits 32-month high in June, says Icra; retains Q1 growth forecast at 6.4-6.6%

New Delhi, July 22 -- India's economic activity accelerated sharply in June, with Icra's Business Activity Monitor (BAM) hitting a 32-month high on broad-based gains across high-frequency indicators. ... Read More