Search For "offset"
Higher dividend by RBI is likely to offset revenue loss due to GST rationa
Updated : 4 months, 2 weeks ago IST
The net revenue shortfall arising from the recent Goods and Services Tax (GST) rationalisation, estimated at around 0.1 per cent of GDP for the current fiscal, is expected to be offset by the higher dividend transfer from the Reserve Bank of India (RBI), noted a report by CareEdge Ratings.
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Slowdown in India's industrial output in H1FY26 will be offset in H2FY26 b
Updated : 4 months, 3 weeks ago IST
The slowdown in India's industrial output during the first half of the financial year 2025-26 (H1FY26) is expected to be offset by the Goods and Services Tax (GST) rationalisation, early arrival of the festive season, and lower inflation, according to a report by Bank of Baroda.
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Cabinet approves 3% hike in DA for central government employees
Updated : 5 months, 2 weeks ago IST
The hike, aimed at offsetting the impact of inflation, will benefit approximately 49.19 lakh Central Government employees and 68.72 lakh pensioners.
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We will continue to buy Russian oil; GST reforms will offset tariff impact
Updated : 5 months, 3 weeks ago IST
Union Finance Minister Nirmala Sitharaman on Friday said that India will continue purchasing Russian oil, stressing that decisions will be guided solely by national interest.
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Financial sector experts hail GST reforms as growth-positive, can offset s
Updated : 5 months, 3 weeks ago IST
The next-generation Goods and Services Tax (GST) reforms, announced after the GST Council meeting on Wednesday, have received strong praise from industry leaders and experts, who, in a united voice, asserted that such bold measures will strengthen economic growth, push investments, and ease
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Putin hails 'unprecedentedly high level' of Russia-China ties with major p
Updated : 5 months, 3 weeks ago IST
This massive project will transport 50 billion cubic meters of natural gas annually from western Russia to northern China via Mongolia, and is expected to offset nearly half of Russia's lost gas exports to Europe since the Ukraine war began.
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Textile export decline due to US tariffs likely to be compensated by incre
Updated : 5 months, 3 weeks ago IST
Indian textile losses due to the US tariffs are expected to be partly offset by export growth to the United Kingdom, supported by the India-UK free trade agreement (FTA), according to a report by Care Edge Ratings.
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GGVL Relaunches V21 in 100% Recycled PET -- India's First Beverage Brand t
Updated : 5 months, 3 weeks ago IST
Indore (Madhya Pradesh) [India], September 2: For decades, Great Galleon Ventures Limited (GGVL) has been powering India's consumer goods ecosystem as a trusted manufacturing partner to global companies. But now, this zero-waste, Madhya Pradesh-based organisation is stepping forward with som
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India's textile export to UK under FTA may offset US losses: CareEdge Rati
Updated : 5 months, 3 weeks ago IST
The loss incurred due to the imposition of reciprocal tariffs on Indian textile exports to the United States (US) may be offset by a surge in exports to the United Kingdom (UK), buoyed by the recently concluded India-UK Free Trade Agreement (FTA), said CareEdge Ratings in a report.
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Silver linings in Indian economy can offset impact of US tariffs: CEA Nage
Updated : 5 months, 3 weeks ago IST
He backed his argument by stating that the measures taken by the government, such as direct tax cuts, forthcoming GST tax structure reforms, and the employment-linked incentives, among others, are supportive of the overall economy.
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Despite US tariffs and geopolitical uncertainty, growth forecast retained
Updated : 5 months, 3 weeks ago IST
Chief Economic Adviser V Anantha Nageswaran on Friday said India's domestic consumption growth can offset the US tariff-related losses, which is why the GDP estimates for the year 2025-26 haven't been revised downwards.
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India's huge domestic consumption can offset export losses to US: GTRI
Updated : 6 months, 4 weeks ago IST
The 50 per cent Trump tariffs on India come into effect starting today, posing challenges for the country's US-oriented exporters.
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