Cutting down import reliance on China, South Korea:…

[ad_1] NEW DELHI: The government is preparing a Rs 14,000–16,000 crore scheme to promote domestic manufacturing of essential construction equipment, aiming to reduce India’s heavy reliance on imports and strengthen the infrastructure supply chain. Officials…

Will ensure your fiscal health is safeguarded: FM…

[ad_1] NEW DELHI: Finance minister Nirmala Sitharaman has assured states about the Centre's commitment to ensuring fiscal health of states, addressing concerns over revenue getting impacted, at least temporarily, due to a reduction in GST…

GST reforms vs US tariffs: What it means…

[ad_1] India's biggest tax overhaul since 2017 is colliding with the steepest US tariffs on any nation. That's set to shape the country's GDP growth, its inflation trajectory and fiscal deficit for years to come.…

Fiscal jitters push Wall Street stocks down, European…

[ad_1] By Lawrence Delevingne and Alun John (Reuters) -Global stocks fell and long-dated bond yields in Europe hit multiyear highs on Tuesday as investors grew increasingly worried about the state of finances in countries around…