Economy

Govt to review restoration of PDS wheat supply after procurement ends

Labourers load wheat-filled sacks in a truck at a grain market, in Patiala, Punjab, April 29, 2025 The Centre will review the restoration of wheat entitlements under the Public Distribution System (PDS) after the ongoing procurement drive concludes, according to a top food ministry official. The agriculture ministry has projected a record wheat production of […]

Economy

Govt set to extend input tax remission scheme for exporters beyond Sept 30

The RoDTEP scheme, announced in January 2021, refunds embedded duties and taxes such as VAT on fuel used in transportation, mandi tax and duty on electricity used during manufacturing of the exported items. | Photo Credit: VIPIN CHANDRAN In what could provide confidence to Indian exporters grappling with an unpredictable global market, the government is […]

Govt reviews cargo hit from shut Pak airspace

NEW DELHI: Govt is assessing the impact of Pakistan’s airspace closure on air cargo from India that is headed to the Gulf, Europe, and the US. Exporters suggest that the impact is not going to be significant.While most of the cargo moves by sea, around 3-4% of garments are exported on aircraft, either on passenger […]

Govt guarding steel industry from dumping, says Goyal

MUMBAI: India is poised to contribute significantly to global steel demand, commerce and industry minister Piyush Goyal said on Friday, while emphasising that govt has been able to protect the domestic steel industry from unfair dumping and irrationally low pricing.Speaking on sidelines of the Steel India event here, hosted by ministry of steel and industry […]

‘No auto equity swap of Airtel’s dues to govt’

NEW DELHI: Bharti Airtel’s about Rs 41,000-crore of adjusted gross revenue (AGR) dues will not be converted into equity automatically as the telco’s application for such conversion will go through a scrutiny at the Department of Telecom (DoT), an official source said on Friday.Bharti Airtel has sought conversion of its AGR dues of around Rs […]

Economy

Govt to work on facilitating FPOs to get the benefit of margins charged by intermediaries

As the government tries to connect farmer producer organisations (FPOs) directly with corporates to sell their produce so that they get the 5-6 per cent margin that currently goes to intermediaries, a major challenge is the purchase price of the quality produce, which may be resolved with handholding. The issue of farm-gate price gained prominence […]

Economy

Bengal govt asks insecticide makers to send customers list to monitor agro chemicals use in tea gardens

There are several other agrochemical molecules not yet been classified as banned or hazardous, and their efficacy and safety are under scientific review. | Photo Credit: VEDHAN M In a step towards monitoring the use of agro chemicals by the tea industry in West Bengal, the government has asked all the insecticide manufacturers and distributors […]