Economy

Trump's Russian oil threat pushes Indian refiners to seek alternatives

Trump raised the prospect of so-called secondary tariffs on buyers of Russian oil if President Vladimir Putin refused a ceasefire with Ukraine

Datanomics: Religious sites drive tourism, boost jobs and revenues

According to the recent Ministry of Tourism data, religious tourism witnessed 1,439 million tourists in 2022, generating ₹1.34 trillion in revenue

After nearly 4 decades, govt to revise farm and rural inflation gauges

The Labour Bureau has constituted an expert committee, chaired by National Statistical Commission member Asit Kumar Sadhu, to shift the base year from 1986-87 to the 2024-25 agricultural year

Officials cautious as US Prez Trump warns of secondary levy on Russian oil

Recently, Trump announced a 25 per cent blanket tariff on any nation purchasing oil and gas from Venezuela, effective April 2

Reciprocal tariffs will apply to all countries: US President Donald Trump

He, however, promises to be 'much more generous'

Tariff war clouds India's growth outlook, but fundamentals stay strong

However, economists say country's strong fundamentals, lower inflation hold hope

India crude imports hit record on Russian rebound, US oil, price dip

India imported 1.91 million bpd of Russian crude in March, 30 per cent higher than in February and flat from a year earlier

No quick fix for India to ramp up US energy imports amid tariff threat

The attrition in US energy flows to India comes even as the US announced a 25% tariff on automobile, and proposed to impose a reciprocal tariff on Indian products from April 2

Remittance to foreign print media for ads allowed from EEFC account

Rajagopalan answers SME queries related to GST, export and import matters

MGNREGA ends FY25 with 2.1% higher work demand, shows govt data

According to data sourced from the MGNREGA website as on March 31, 2025 at 1400 hours' total expenditure on the scheme (this included due payment) in Fy-25 was around Rs 125,219 crore

Telangana women, Goa men spent most time on job activities in 2024

Among union territories (UTs), men in Delhi spent the highest time (406 minutes) on 'employment-related activities'

CBDT signs record 174 APAs in FY25, including India's 1st multilateral APA

An APA helps taxpayers and tax authorities agree on how to price transactions between related companies in different countries

PNGRB proposes tweak in tariffs; CNG, piped gas to be charged lowest rate

PNGRB regulates the transmission tariffs for natural gas pipelines and these are fixed to provide a 12 per cent normative return on capital employed

India-US BTA: Commerce ministry to begin talks with other departments

Interministerial talks to explore tariff cuts and market access; key sectors under focus include EVs, oil derivatives, plastics, and sensitive farm goods like dairy and almonds

India may offer zero import duty on auto components for US at BTA

US last week imposed a 25% tariff on the import of automobiles and certain automobile parts

We have been able to stabilise auditing as an institution: NFRA Chairperson

Pandey says audit firms have taken corrective steps following the regulator's inspections, which are among the pivots the organisation is working on

No change likely in DPDP rules on data storage, cross-border data transfers

A team of US officials was in India till Saturday to hold trade agreement talks with the commerce department ahead of the proposed reciprocal tax announcement by the Trump administration

Everybody doesn't need subsidised public services: Finance Secy Ajay Seth

Seth said the country needs to ramp up investments and productivity from all factors of production

MPC likely to trim rate by 25 basis points in April meet: BS Poll

The RBI will announce the review of the policy meeting on April 9

Don't think govt is in a great hurry to sign BTA with US: Ashwani Mahajan

Since the US has announced the imposition of reciprocal tariffs, their markets are down, and there are fears that inflation will increase