The Index evaluates the IP frameworks of the world's top 55 economies, revealing significant improvements in 20 economies

South Korea is hoping that the negotiations will conclude before the possible visit of Yoon Suk Yeol, the South Korean President, to India

Union Finance Minister Nirmala Sitharaman on Wednesday hailed Bengaluru tax payers for their contributions in building a strong and 'Viksit Bharat', and said the Department of Revenue is running its entire national faceless income tax assessment scheme from Karnataka's capital city. Speaking after laying the foundation stone for the upcoming complex HONGIRANA for Income Tax officers and staff here, she said the tax payers of Bengaluru have been absolutely giving us the buoyancy, and thanked all individual and corporate taxpayers in this region for making sure for building a strong and 'Viksit Bharat'. "Your contribution is relentless. There has never been a dip. So thank you very much Bengaluru for keeping that momentum up", she said. Sitharaman also emphasised the investments that the Central government is making in Bengaluru. She noted that the Government has brought about the entire faceless system for income tax assessment and ease of doing business to ensure that tax assessee

India has taken the first steps with the UAE to begin work on the India-Middle East-Europe Economic Corridor, or IMEC, Sunjay Sudhir said in an interview in Abu Dhabi

Washington on Friday imposed sanctions to mark the second anniversary of Moscow's invasion of Ukraine and retaliate for the death of opposition leader Alexei Navalny

Meanwhile, urban poverty declined to 4.6 per cent from 13.7 per cent during the same period

Surging production and supplies by world's largest miner Coal India have pushed stockpiles at power plants to record highs of over 43 million metric tonnes

As per the WTO, the Investment Facilitation for Development (IFD) Initiative, was originally launched in the spring of 2017 by a group of developing and least-developed WTO members

With about 9 million people dependent on the sector, India constitutes 25 per cent of the world's fishermen

Consolidates 21 existing instructions; Audited returns to be filed within five days of signing reports

The ministers are expected to hold bilateral talks on the sidelines of the World Trade Organization's four-day summit - the 13th Ministerial Conference -- in Abu Dhabi

Market participants expect that states' borrowing for both the current quarter and the entire financial year will be significantly lower than the calendar projections

Sitharaman said that among other areas of focus, the government is also going to ramp up investment in the logistics sector which has immense untapped potential along with tourism

Sitharaman was speaking at the National Conclave on Viksit Bharat 2047 organised by the Federation of Indian Chambers of Commerce and Industry (FICCI)

The two sides started talks on the trade pact just three months ago, and their haste in completing the deal shows Prime Minister Modi's determination in building stronger links with the Middle East

Among the 18 major states and union territories (UTs), average monthly per capita expenditure in rural Uttar Pradesh grew by 301 per cent to Rs 4,641 in 2022-23 from Rs 1,157 in 2011-12

The demand and production scenario is as per a Business as Usual (BAU) approach where the overall food demand is expected to grow at an annual rate of 2.44 per cent by 2047-48

The coal sector contributes over Rs 70,000 crore every year to the Centre and states, through GST, royalties and other levies, the government said on Monday. These funds play a significant role in the socio-economic development and infrastructure enhancement in those coal-bearing areas, the coal ministry said in a statement. "The coal sector contributes over Rs 70,000 crore annually to the Centre and state governments through royalties, GST, and other levies," the statement said. "Coal production generates substantial revenue for both Centre and state governments, with royalty collections reaching Rs 23,184.86 crore in the fiscal year 2022-23," the statement said. Coal is the single-largest contributor to railway freight, with an average share of nearly 49 per cent of the total freight income amounting to Rs 82,275 crore in 2022-23 alone. This revenue contribution has surpassed 33 per cent of total railway earnings.

Sectors like ferrous metals, electricity, petrochemicals expected to be worst impacted

Food's weighting in the consumer price index could be lowered in the next revision of the basket of goods due to be completed by next year, the official who declined to be identified told Reuters