Economy News

A model tender document for public procurement

The Finance Ministry has drafted a model tender document for public procurement by all central government departments.

posted by Jawwad Kazi 10th Jan 2021

GDP likely to contract by 7.7% this fiscal

According to advance estimates released by the National Statistical Office, India’s real GDP is estimated to contract by 7.7% in 2020-21.

posted by Jawwad Kazi 8th Jan 2021

USTR slams India’s digital tax

The U.S. Trade Representative’s (USTR) office said that digital services taxes adopted by India, Italy and Turkey discriminate against U.S. companies.

posted by Jawwad Kazi 8th Jan 2021

World food price index

According to Food and Agriculture Organization’s (FAO) food price index, world food prices rose for a seventh consecutive month in December.

posted by Jawwad Kazi 8th Jan 2021

FM reviews National Infrastructure Pipeline (NIP)

Finance and Corporate Affairs Minister reviewed the progress of the National Infrastructure Pipeline (NIP) as the government seeks to accelerate infrastructure spending in the economy.

posted by Jawwad Kazi 7th Jan 2021