Clipped from: https://www.business-standard.com/world-news/us-tariff-revenue-hits-record-high-in-may-helping-cut-budget-deficit-125061200156_1.html The Treasury Department recorded $23 billion in customs-duties revenue for May, according the agency’s monthly budget statement May’s figure is more than triple
Category: Economy
E-way bills grow nearly 19% to 122.65 million in May, shows data | Economy & Policy News – Business Standard
lipped from: https://www.business-standard.com/economy/news/eway-bills-growth-19-percent-may-125061001471_1.html E-way bills grew by nearly 19% YoY to 122.65 million in May, reflecting a strong increase in compliance and economic activity. This was
*******Centre nudges states to implement new labour codes, shifts reform goalpost
Clipped from: https://www.business-standard.com/specials/news/centre-nudges-states-to-implement-new-labour-codes-shifts-reform-goalpost-125061001402_1.html During 2019-20, Parliament consolidated 29 labour laws into four codes – Code on Wages; Code on Social Security; Occupational Safety, Health and Working
*******AIS, TIS and form 26AS in income tax
Clipped from: https://taxguru.in/income-tax/ais-tis-26as-income-tax.html “Understand the significance of Annual Information System (AIS), Taxpayer Information Summary (TIS), and Form 26AS in income tax. Learn how these tools help
‘One price shock…’: India’s $2 trn gold hoard is a ticking bomb, warns hedge fund manager – BusinessToday
Clipped from: https://www.businesstoday.in/personal-finance/investment/story/one-price-shock-indias-2-trn-gold-hoard-is-a-ticking-bomb-warns-hedge-fund-manager-478507-2025-05-31 “Gold loan borrowers face auction risk when prices fall,” Aittreya said. “Citizens bear the ultimate risk—with zero protection.” While schemes like Gold Monetization
*******Yen for growth – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/editorial/yen-for-growth/article69633331.ece Euphoria over GDP size should be tempered with realism India’s GDP growth is commendable but inequality needs to be tackled | Photo Credit:
*****The US as tax haven – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/the-us-as-tax-haven/article69622062.ece US and some its States are major tax havens, which not only affects their tax revenues but also the world economy The US
***The ‘Big and beautiful Bill’ is turning into a headache – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/the-big-and-beautiful-bill-is-turning-into-a-headache/article69621143.ece It has annoyed Republicans and Democrats alike US President Donald Trump speaks to the media before boarding Air Force One as he departs
***India will feel the pinch of US’ ‘beautiful’ levy – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/editorial/india-will-feel-the-pinch-of-us-beautiful-levy/article69621416.ece Remitters to India already incur transaction fees and currency conversion costs of 4-5 per cent on the sums they send home. A 3.5
*****Fed chair Powell signals rethink of strategy on jobs and inflation risks | World News – Business Standard
Clipped from: https://www.business-standard.com/world-news/fed-chair-powell-signals-rethink-of-strategy-on-jobs-and-inflation-risks-125051501891_1.html The Fed for now has said it would stay on the sidelines, with interest rates held steady in the current 4.25% to 4.5%
*****UK-India FTA raises a cocktail of questions – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/editorial/uk-india-fta-raises-a-cocktail-of-questions/article69579224.ece The grand-sounding tariff reduction by the UK on 99 per cent of tariff lines covering almost all of India’s exports is not as
*****Unemployment rate at 5.1% in April, more men jobless than women – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/economy/unemployment-rate-at-51-in-april-more-men-jobless-than-women/article69579299.ece The data is based on a survey among over 89,000 households and over 3.8 lakh persons The government on Thursday said that unemployment
*****Trump’s tariff thrust fizzles out – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/trumps-tariff-thrust-fizzles-out/article69580433.ece History shows that the concept of reciprocal tariffs has never worked and it will hurt the US economy all the more The trade
Jaishankar counters Trump’s aggressive claims on India’s zero tariff commitments – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/economy/jaishankar-counters-trumps-aggressive-claims-on-indias-zero-tariff-commitments/article69580313.ece Ahead of India-US bilateral trade pact talks, Jaishankar says any judgment is premature U.S. President Donald Trump attends a press conference in the
*******Why manufacturing-led export still matters for the poor countries | Expert Views – Business Standard
Clipped from: https://www.business-standard.com/opinion/columns/why-manufacturing-led-export-still-matters-for-the-poor-countries-125051401718_1.html What made the traditional development model so successful was its reliance on exports, which enabled countries like South Korea to tap into virtually
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