March 16, 2026

Economy

News on Indian Economy

Economy

Ease of Doing Business Gets A Major Moost as Ministry of Railways Issue Guidelines for Freight Charges

Tremendous progress in information and communication technology has now made it feasible to introduce Online Payment System through web that is expected to make the process of paying all types of charges including freight and ancillary charges simpler, convenient, speedier and transparent. This can be done by enabling on the web an option for the payment of various charges accrued to the customer.

By Kautilya / May 3, 2021
Economy Governance

Codex Committee on Spices and Culinary Herbs (CCSCH) Finalizes Quality Standards for 4 More Spices

The Codex Committee on Spices and Culinary Herbs (CCSCH) has finalised and recommended quality standards for four spices; cloves, oregano, basil, and ginger, during its fifth session held virtually from 20th -29th April 2021. The committee forwarded these four new standards to the Codex Alimentarius Commission (CAC) for adoption at final step 8, as full -fledged Codex standards.

By Kautilya / May 3, 2021
Economy Governance

India Imposes Anti-Dumping Duty on Chemical from 4 Regions

India has imposed anti-dumping duty on imports of a chemical used in foam making from four regions, including the EU and Saudi Arabia, for five years to guard domestic players from cheap shipments. The duty was imposed following recommendation of the commerce ministry’s investigation arm Directorate General of Trade Remedies (DGTR), which conducted a probe into alleged dumping of ‘Toluene Di-Isocynate’ from the EU, Saudi Arabia, Chinese Taipei and the UAE.

By Kautilya / May 1, 2021
Infrastructure

Cosmo Foundation Installs New Carbon Compacting Plant in J&K

(UNI) Cosmo Foundation, the social arm of Cosmo Films Ltd, announced the installation of a new carbon compacting plant in the valley of Jammu and Kashmir as a part of its Green Initiatives to support the Indian Army and offset the carbon footprint of increasing non-biodegradable materials generated by the locally stationed troops in the Poonch and Mendhar districts of Jammu and Kashmir.

By Kautilya / May 1, 2021
Economy

Agriculture Infrastructure Fund Applications Cross the INR. 8,000 Crore Mark, Sanctions Cross INR. 4000 Crore Mark

The Department of Agriculture Cooperation and Farmers Welfare (DAC&FW) is undertaking a host of initiatives to accelerate on-ground investments. The department has directly reached out to 150+ FPOs and livelihood organisations, along with IFFCO, HAFED, NAFED & others. The department hosted an agribusiness conclave, supported by CII & FICCI, with 90+ agribusiness participants; where key players like Arya CMA, Mahindra Agri, Tata Consumer, IFFCO and Escorts Cropping Solutions gave presentations on their role in building infrastructure under AIF through partnership with farmers, farmer groups and local entrepreneurs.

By Kautilya / May 1, 2021