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ADB raises India FY26 GDP forecast to 7.2%

NEW DELHI, Dec. 10 -- The Asian Development Bank (ADB) on Wednesday raised its FY26 growth forecast for India to 7.2%, up from the 6.5% projected in September. The upgrade also helped lift the bank's ... Read More


What to expect from India's customs reforms

New Delhi, Dec. 9 -- Indian businesses and the country's trading partners alike have flagged the need for a simpler customs duty framework. The global supply-chain disruptions and US tariffs have furt... Read More


Customs clean-up next: How India plans to simplify duties and cut costs

New Delhi, Dec. 9 -- New Delhi: Indian businesses and the country's trading partners alike have flagged the need for a simpler customs duty framework. The global supply-chain disruptions and US tariff... Read More


After labour codes rollout, Centre to double down on job-intensive sectors in FY27 budget

New Delhi, Dec. 9 -- The Centre is preparing to reinforce and expand its focus on labour-intensive industries in the FY27 Union budget, according to two persons familiar with ongoing discussions. This... Read More


Customs duty simplification to be next reform push, says Sitharaman

New Delhi, Dec. 6 -- Reforming India's customs duty regime, by lowering rates on selected goods, increasing transparency, and reducing officials' discretion, will be the next major economic reform pus... Read More


Customs duty simplification to be next major reform push, says Sitharaman

New Delhi, Dec. 6 -- Reforming India's customs duty regime, by lowering rates on selected goods, increasing transparency, and reducing officials' discretion, will be the next major economic reform pus... Read More


Sitharaman, Russia's Manturov discuss investment opportunities

New Delhi, Dec. 5 -- Finance minister Nirmala Sitharaman on Thursday met a delegation led by visiting Russian First Deputy Prime Minister Denis Manturov and discussed issues of bilateral interest incl... Read More


Govt moves to nix any pan masala cess-dodging tactics

New Delhi, Dec. 5 -- India's new tax regime for tobacco seeks to ensure that any new variants of pan masala-a category the Centre says is highly prone to tax evasion-can be brought under the proposed ... Read More


Tobacco tax regime change by end of month, says minister Sitharaman

NEW DELHI, Dec. 4 -- Finance Minister Nirmala Sitharaman on Thursday said the current tobacco tax regime will remain in place until the end of the month, and that the overall tax burden on the tobacco... Read More


GDP data-quality debate ill-informed, says FM; base year shift from 27 February

NEW DELHI, Dec. 3 -- The debate over the quality of India's national income accounts is "ill informed", as the 'C' rating assigned by the International Monetary Fund (IMF) reflects the use of the 2011... Read More