India maintains resilience amid trade uncertainties; tax reforms to aid growth: Finance ministry

NEW DELHI: A recent report by the Finance Ministry’s emphasises that government reforms will protect the economy from trade-related challenges, while advocating for continued vigilance against external risks and market fluctuations.The Monthly Economic Review highlights GST rationalisation as a crucial component of tax reforms, alongside corporate and personal income tax adjustments. The ministry suggests these…

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‘We are undervalued’: Govt disappointed with state-run oil firms’ valuations; considers partial ownership sale

Union minister for petroleum and natural gas, Hardeep Singh Puri on Friday express disappointment with the investor community, citing the low valuation given to state-owned oil markets.Puri said that the government might consider selling part ownership in oil companies in order to increase efficiency, though there is no plan to sell any holding as of…

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‘Curb Russia oil imports’: US tells India – Crude buy key factor in reducing tariffs, sealing trade deal

US trade representatives emphasised to their Indian colleagues that addressing the Russian oil issue was essential. (AI image) India-US trade deal is contingent on India curbing its Russian crude oil imports, US trade negotiators have reportedly told Indian officials. Trade officials from the United States have informed India’s negotiators that a curb in Russian oil…

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MoU on the table: India eyes deeper agricultural ties with Russia; focus on boosting exports

Union Minister of Agriculture and farmers’ welfare Shivraj Singh Chouhan meets Russia’s Deputy Prime Minister Dmitry Patrushev (ANI photo) Agriculture Minister Shivraj Singh Chouhan and Russian Deputy Prime Minister Dmitry Patrushev convened on Friday to explore ways to bolster bilateral agricultural cooperation, with both nations showing willingness to establish a formal memorandum of understanding.The leaders…

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