Economy News ( English version)

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  • India-Oman CEPA to boost trade, MSME exports, energy security: Bank of Baroda economist December 21, 2025
    India has signed a Comprehensive Economic Partnership Agreement (CEPA) with Oman to boost bilateral trade, support MSME-led exports and strengthen energy security. The pact, signed during Prime Minister Narendra Modi’s visit, offers zero-duty access on over 98 per cent of Oman’s tariff lines for Indian goods and improves market access for labour-intensive se […]
  • Nirmala Sitharaman, along with MoS Harsh Malhotra, chairs Chintan Shivir of Ministry of Finance and Ministry of Corporate Affairs December 20, 2025
    Union Ministers Nirmala Sitharaman and Harsh Malhotra led a Chintan Shivir in Vijayanagara, Karnataka. Discussions centered on using AI and technology to boost Ease of Doing Business and secure financing for a developed India. Officials explored simplifying procedures and enhancing tax administration. Sitharaman highlighted the region's historical signi […]
  • Corp tax kitty surpasses personal I-T as gross direct tax crosses Rs 20 lakh crore December 20, 2025
    Corporate tax collections have surpassed personal income tax receipts this fiscal year. This indicates strong corporate earnings. Individual tax growth remains slow. Gross direct tax collections have crossed twenty lakh crore rupees. Net direct tax collections have seen an eight percent rise. This trend may change later in the fiscal year.
  • Need more free trade pacts to compete with Bangladesh, others in textile exports: Vice President December 20, 2025
    Vice President C P Radhakrishnan emphasized India's need for more free trade agreements to compete globally in textiles and apparel. He highlighted competitors like Bangladesh and urged the industry to explore new markets and adopt sustainable practices. India aims for USD 350 billion in textile market size by 2030.
  • PM Modi inaugurates new terminal of Guwahati airport December 20, 2025
    Prime Minister Narendra Modi inaugurated the new Integrated Terminal 2 Building at Lokapriya Gopinath Bardoloi International Airport in Guwahati. This modern facility is designed to handle millions of passengers annually. The project, costing Rs 5,000 crore, aims to establish the airport as a vital aviation hub for Northeast India and a gateway to Southeast […]

 

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