The recognition follows sustained technical engagement between the two governments and could help prevent eligible goods from facing carbon charges twice
Government is looking to pool factories' demand for energy, using bulk purchases of green power to secure better prices for them. The move could make cleaner electricity a more secure alternative to gas, while helping manufacturers cut both energy costs and emissions.
The preparatory meetings of government officers will now be held on 5 October from 3pm and on 6 October from 11am onwards, ahead of the GST Council meeting on 7 October.
Norway's $2.3 trillion sovereign wealth fund plans to cut government bonds from 70% to 50% of its portfolio to diversify risk and boost returns. This change could significantly impact US Treasuries, with holdings projected to drop by $75 billion, pending government approval.
Mint Explainer: A base-year revision allows the government to incorporate newer data sources, improve its methodology and better capture changes in the economy, which can look very different over five years.
“This is a devastating critique that requires straightforward responses from the government,” Tharoor said in a post on X quoting Congress leader Jairam Ramesh's statement.
The opposition party also asked what methodology was adopted by the government to bring this revision while seeking an explanation for the reduction of ₹43 lakh crore in the estimated size of the economy.
Opposition parties and some experts have questioned the government's latest GDP data. Mint examines the allegations and whether there is any merit to the concerns.
The Congress party cited criticism by former finance secretary Subhash Chandra Garg on GDP numbers to attack the government, saying it must understand that ‘PR can polish the picture’ of GDP but not the economy itself.
The government issues a detailed clarification in a question-and-answer format, refuting allegations of artificially pushing up the real growth rate for the June quarter to 7.8% and the nominal expansion rate to 10.3%.
A section of the stakeholders is worried, with global prices surging to a 3-year high on Black Sea disruption, lower output this year
Japan Credit Rating Agency upgraded India’s sovereign credit rating to A- from BBB+ citing strong economic growth, fiscal consolidation, a healthier financial system and resilient external finances. JCR expects India to grow over 6% in FY27 but flagged high government debt as a key risk.
The deal by drug major with the US government to lower prices of its innovative drugs in the US is in line with the lowest prices paid by other developed nations, under the most favoured nation (MFN) pricing framework
The government wants to ensure adequate domestic supplies of sugar at stable prices ahead of the festive season.
A government panel suggests starting career guidance from Class 8 and creating a national aptitude portal. Voluntary after-school classes will support students preparing for entrance exams. External coaching might be restricted to after Class 10 and limited hours. Entrance exams could be held from Class 11, twice yearly. Board exam marks will...
10853916 shipping-cargo-containers-file-photo-express_20260828201220.jpg
New officials have been appointed to key National Testing Agency posts. This move follows significant concerns over the NEET exam paper leak. The government is implementing a comprehensive overhaul of the examination system. A high-powered task force was also announced to recommend reforms.
As per a government proposal, public sector banks may soon need to shift from lending to individual farmers to funding entire value chains around key district products. The cluster-based lending plan will link farmers and FPOs with processors, storage and logistics businesses.
LBSP chief Mayawati welcomed the Uttar Pradesh government's announcement to provide government jobs to one lakh youth in the next six months, but questioned whether the move was driven by electoral considerations. She urged the government to ensure transparent recruitment without paper leaks or corruption and sought action on the backlog of...
