Business  /  Published 23.05.22

Export levy hits steel company plans

PLI plan flops The government's ambitious PLI scheme for specialty steel has received just 10 applications, even as the last date to submit interest under the scheme was extended twice, after cer...
By Sambit Saha in Calcutta

Business  /  Published 14.05.22

Merchandise exports up 30.70%

Trade deficit widened to $20.11 billion in April as imports surged by 30.97 per cent to $60.3 billion, largely driven by elevated commodity prices and a spike in crude rates. Exports grew 30.7 per ce...
By Our Special Correspondent in New Delhi

Business  /  Published 18.04.22

Bengal Global Business Meet boost to Kolkata hotels

The state’s flagship business event — Bengal Global Business Summit (BGBS), scheduled on April 20 and 21 —  has provided a major impetus to the occupancy levels of the hotels in...
By A Staff Reporter in Calcutta

Opinion  /  Published 15.03.22

Small’s not beautiful

New signboards are often visible, advertising the names of small finance banks. Promoters with 10-year experience in banking and finance of pre-existing, non-banking finance companies, micro-finance i...
By Arindam Gupta

Business  /  Published 11.02.22

FPI debt limit hiked

The voluntary retention route (VRR) cap for foreign portfolio investors (FPIs) will be enhanced by Rs 1 lakh crore to Rs 2.50 lakh crore, given the increased interest shown by them, RBI governor Shakt...
By Our Special Correspondent in Mumbai


Business  /  Published 02.01.22

RBL put on rating watch

Credit rating agency ICRA has placed RBL Bank’s long-term and medium-term ratings on watch with developing implications. The move comes just days after the Reserve Bank of India appointed Yoges...
By Our Special Correspondent in Mumbai

Business  /  Published 02.01.22

GST collection at Rs 1.3trn in Dec

Revenue collections from the goods and services tax (GST) stood at Rs 1.29 trillion in December, slightly lower than the amount garnered in November. The Modi government, however, believes that it ha...
By Our Special Correspondent in New Delhi

Business  /  Published 01.01.22

Leash on fiscal deficit

The central government’s fiscal deficit at the end of November worked out to 46.2 per cent of the annual budget target for 2021-22 because of an improvement in the revenue collection, according ...
By Our Special Correspondent in New Delhi

News  /  Published 03.12.21

IIM Ahmedabad launches Centre for Research and Innovation

The Centre has been contributed by Arun Duggal, chairman, ICRA ...
By , Our Correspondent

Business  /  Published 17.11.21

Quality teas buck price downtrend

Tea gardens that focused on quality have managed to arrest a general decline in prices this year, partly mitigating a steep cost push because of wage hikes in poll bound Bengal and Assam. Tea prices ...
By Sambit Saha in Kolkata


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