Tag: India Economy
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Government Scraps Petrol Export Duty, Revises Excise Levies on Diesel and Aviation Turbine Fuel
The Central Government has abolished the special additional excise duty (SAED) on exports of petrol while raising export duties on diesel and ATF. These new rates, which were issued by the Ministry of Finance on October 31, 2026, are effective forthwith and will be applicable for the next fortnight. As per the new system, export ... -
Coronavirus: India shoots up unemployment rate to 27.11%, leaving 121.5M jobless
The ongoing health crisis in the country, owing to the onslaught of Covid-19 pandemic, has spiked unemployment rate to a staggering 27.11%. The corona-driven lockdown, which was imposed on 24 March, brought India’s business activity in a halt, leaving 121.5 millions Indians jobless. As per the recent data published by the Centre for Monitoring of ... -
India Is Ready To Respond To Economic Rebalances: Dr. S. Jaishankar
Everything economic does affect everything political in nature too. This was the message given by the External Affairs Minister (EAM) Dr. S. Jaishankar while addressing a press briefing. He referred to the new role that India will have to play while the whole world is in turmoil. Speaking over India’s growing importance he said, “Today, ...
