Anay Gupta, president, All India Rubber Industries Association. The sharp rise in natural rubber prices by 35-40 per cent amid geopolitical tensions and war-related uncertainty has placed severe strain on MSMEs in the rubber sector, All India Rubber Industries Association (AIRIA) has said. The association’s president Anay Gupta said thatContinue Reading
The Cabinet Committee on Economic Affairs (CCEA), chaired by Prime Minister Narendra Modi, has approved significant increases in the Minimum Support Prices (MSP) for 14 Kharif crops for the 2026-27 marketing season, aiming to ensure better returns for farmers and encourage cropping diversity. Under the decision, the MSPs for allContinue Reading
The Government of India has now fully operationalised its new labour codes, a major reform consolidating 29 older labour laws into four unified codes covering wages, industrial relations, social security, and workplace safety. This overhaul is aimed at simplifying compliance, strengthening worker protections, and making it easier for businesses —Continue Reading
The government recently increased gold import duty to 10% from 5% and agriculture cess to 5% from 1%. | Photo Credit: istock.com Pointing out that hiking import duties has historically failed to meaningfully curb gold imports, Gem and Jewellery Export Promotion Council (GJEPC) on Wednesday said the government’s latest moveContinue Reading
Kerala Travel Mart Society (KTM), the tourism industry body, has urged Union Finance Minister Nirmala Sitharaman to offer urgent relief measures for the tourism and hospitality sector which was reeling under severe distress caused by geopolitical tensions in West Asia and mounting operational costs. KTM President Jose Pradeep, in aContinue Reading
Dr. V Ananatha Nageswaran, Chief Economic Advisor to the Government of India | Photo Credit: VELANKANNI RAJ B Large companies must ensure timely release of payments to micro and small enterprises to ease their working capital needs and reduce cost of funds, Chief Economic Advisor V Anantha Nageswaran said onContinue Reading
Union Minister Ashwini Vaishnaw at a Cabinet briefing, in New Delhi on Tuesday. | Photo Credit: ANI Stressed by the West Asia crisis, the Union Cabinet on Tuesday approved the 5th edition to emergency credit line guarantee scheme (ECLGS) to support credit flow of ₹2.55 lakh crore with up toContinue Reading
