Agrochem makers seek cut in duty, GST rationalisation in Budget
Agrochemical makers are looking forward to the uniform basic customs duty, rationalisation of GST and introduction of the 200 per cent deduction on R&D expenses in the forthcoming Budget. CropLife, a body of agrochemical makers has suggested key measures to the government such as maintaining a uniform basic customs duty
Govt employees clock fewer hours than corporate workers: EAC-PM Report
Amidst debate on working hours, a working paper from Economic Advisory Council to the Prime Minister (EAC-PM) has said that government employees work much less than corporate employees. The paper has been prepared by Shamika Ravi, member of the EAC-PM. She has used time-use data (published in 2019) in the
Trump’s tariff woes: India ready to ‘talk it out’
India has indicated its willingness to sort out tariff woes of the Donald Trump-led regime in the US through “constructive dialogue”. “The new US government has come in recently. Whatever trade issues are there we will talk it out, we will discuss…And we want to further enhance and expand our
IBC cases slow down as banks reconsider recovery approach
The Insolvency and Bankruptcy Code (IBC), once hailed as a transformative resolution mechanism, is witnessing a slowdown in case admissions, with banks showing reluctance to tap this channel for recoveries. While the IBC remains the dominant tool for resolving distressed debts, delays in case admissions and diminishing recovery percentages are
CTC prices at Kochi auctions gain on blenders’ demand
A strong demand from blenders pushed up CTC dust prices at Kochi tea auctions with a ₹2 increase in average price realisation this week. All blenders together absorbed 59 per cent of the 6,52,759 kg of CTC in sale 4, witnessing a strong demand. The market was steady to firm
Salam Kisan signs pact with Maharashtra government and Microsoft at World Economic Forum
Salam Kisan (PRYM Solutions) has signed a memorandum of understanding (MoU) with the Maharashtra government and Microsoft to democratise agricultural drone technology. A media statement said this MoU, which was signed at the World Economic Forum 2025, directly addresses the accessibility and affordability barriers that smallholder farmers face in India.
India’s Jan business growth at 14-month low due to weaker services demand, PMI shows, ETCFO
By Anant Chandak BENGALURU – India’s business activity grew at the slowest pace in over a year in January, a survey showed, highlighting emerging cracks in its world-beating economic growth at start of 2025 although firms hired new staff at a record pace. The services industry is the major engine
Non-liable businesses can now get temporary identity under GST, notifies CBIC
Central Board of Indirect Taxes and Customs (CBIC) has notified the mechanism for businesses to get a temporary identification number under GST, even if the said entity is not required to do so. It has also announced the waiver of excess of late fee for FY 17-18 to FY 22-23
PR industry in India to grow to ₹4570 crore by FY 2030: PRCAI
Outpacing global growth trends, the PR industry in India touched the ₹2500 crore mark in FY 2023, up 19 per cent year-on-year, and is poised to grow to ₹4570 crore by FY 2030 with a compounded decadal CAGR of 12.8 per cent, a report by the Public Relations Consultants Association
Karnataka Governor Gehlot returns the Mineral Tax Bill, seeks clarification
The Karnataka Governor Thawar Chand Gehlot has returned the Mineral Tax Bill, according to news reports. The Governor cited queries raised by mining associations as the reason for his decision. Commenting on the development, Congress spokesperson, BL Shankar stated, “This Bill was introduced in the interest of the community. Both