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Govt Expects to Meet FY27 Budget Tax Collection Target Despite Possible Excise Duty Shortfall

New Delhi, Oct. 14 -- The Finance Ministry is hopeful of meeting the budgetary targets for overall net tax collections this fiscal year, despite a possible shortfall in Central Excise Duty receipts, a... Read More


India-UK Trade May Rise By £25.5 Billion Annually Under CETA: UK Official

Mumbai, Oct. 14 -- Bilateral trade between the United Kingdom and India is projected to increase by 25.5 billion pounds annually in the long run from the current baseline of 48 billion pounds followin... Read More


Govt Open to Suggestions on LTCG Tax Removal During Budget Consultations: FM Sitharaman

New Delhi, Oct. 14 -- The government is open to receiving suggestions on the removal of long-term capital gains (LTCG) tax during consultations for the upcoming Union Budget, Finance Minister Nirmala ... Read More


PM GatiShakti Completes Five Years, Evaluates Infrastructure Projects Worth Rs 20.23 Lakh Crore

New Delhi, Oct. 13 -- The PM GatiShakti National Master Plan (PMGS NMP), launched in October 2021, has integrated more than 1,800 data layers covering 58 Central Ministries and Departments and all 36 ... Read More


India's Growth Outlook Strengthens as IMF Raises FY27 Forecast to 7%

New Delhi, Oct. 13 -- The International Monetary Fund (IMF) has raised India's gross domestic product (GDP) growth forecast for FY27 by 60 basis points to 7 per cent, citing resilient domestic demand ... Read More


Piyush Goyal Calls for Doubling India-UK Trade, Expanding Export Opportunities

New Delhi, Oct. 13 -- Commerce and Industry Minister Piyush Goyal has called for doubling India-UK bilateral trade by 2030, urging businesses to use opportunities under the Comprehensive Economic and ... Read More


India, EU Discuss Carbon Markets, CBAM and Technical Cooperation

New Delhi, Oct. 13 -- India and the European Union discussed carbon market development, the EU's Carbon Border Adjustment Mechanism (CBAM) and technical cooperation during a meeting between Power Secr... Read More


India's Power Generation Rises 11% to 536 BU in Q2FY27, Renewables Energy Cross 100 BU: CREA Report

New Delhi, Oct. 13 -- India's electricity generation rose 11 per cent year-on-year (YoY) to 536 billion units (BU) in Q2FY27, while renewable power generation crossed 100 BU in a quarter for the first... Read More


Govt Sets 5,841-Tonne Sugar Export Quota for EU Under TRQ Scheme for 2026-27

New Delhi, Oct. 13 -- The government has allowed the export of 5,841 tonnes of sugar to the European Union (EU) under the tariff rate quota (TRQ) scheme for 2026-27, the Directorate General of Foreign... Read More


European Carmakers Likely to Shift Production to India Amid Rising Costs in Europe: Piyush Goyal

New Delhi, Oct. 13 -- Commerce and Industry Minister Piyush Goyal on Monday said India is poised to emerge as a global automobile manufacturing hub, with European carmakers likely to shift production ... Read More