New Delhi: The Union government plans to raise the bar for benchmark reforms for states seeking access to its 50-year interest-free capital expenditure (capex) loans, aiming to drive deregulation and improve ease of doing business—a key focus of the latest budget – said Ajay Seth, secretary at the Department of Economic Affairs (DEA). “As we...
The Golden Spice, a sobriquet for turmeric, has turned pale this year with prices falling below the ₹10,000 a quintal mark, triggering farmers’ protest in the turmeric belt of the undivided Nizamabad to take to the streets. Prices of turmeric have continued to drop over the last couple of months. Last year, prices soared to...
Cases of rejection of non-basmati rice consignments shipped by India to the European Union (UK excluded) due to higher than permitted pesticide residues increased between 2020 and 2024 from 3 to 37. In contrast, the number of rejection of Pakistani non-basmati rice consignments has dropped from 54 in 2020 to 2 in 2024, industry sources...
New Delhi: The customs duty rejig announced in the Union budget for FY26 lowers India’s average customs duty rate sharply from 11.65% to 10.66% and sends a positive signal to India’s trading partners like the US, Central Board of Indirect Taxes and Customs (CBIC) Chairperson Sanjay Kumar Agarwal said in a post-budget interview. The comments...
