Sun, Nov 26, 2023
The market valuation of ITC was down Rs 1,808.36 crore to Rs 5,46,000.07 crore, while that of Infosys dipped Rs 290.53 crore to Rs 5,96,391.22 crore.
The Minister of State for Science and Technology & Atomic Energy and Space (Independent Charge) said that some foreign agencies like the AKD have predicted that this figure could even go up to USD 100 billion by 2040.
Sat, Nov 25, 2023
Germany's economy shrank in recent months and business confidence is still in the dumps, according to figures, while the government is struggling to overcome a budget crisis that threatens to exacerbate problems in what was already the world's worst-performing major developed economy.
Mon, Jul 08, 2019
Iran said on Sunday it will shortly boost its uranium enrichment above a cap set by a landmark 2015 nuclear deal, prompting a warning `to be careful` from U.S. President Donald Trump, who has pressured Tehran to renegotiate the pact.
Fri, Jul 05, 2019
Union Finance Minister Nirmala Sitharaman presented the budget for 2019-2020 in the national capital today. While addressing at the Lok Sabha, Nirmala Sitharaman said, “We don't look down upon legitimate profit earning. Gone are the days of policy paralysis and license quota control regime. India Inc are India's job creators, nation's wealth creators. Together with mutual trust we can gain, catalyse past and attain sustained growth.” “Schemes such as 'Bharatmala', 'Sagarmala' and 'Ude Desh Ka Aam Nagrik’ (UDAN) are bridging the rural and urban divide, improving our transport infrastructure.
Union Finance Minister Nirmala Sitharaman presented the budget for 2019-2020 in the national capital today. While addressing at the Lok Sabha, Nirmala Sitharaman said, “The Indian economy will grow to become a $3 trillion economy in the current year itself. It is now the sixth largest in the world. Five years ago it was at the 11th position.” “It took us over 55 years to reach $1 trillion dollar economy. But, when the hearts are filled with hope, trust and aspiration, we in just five years, added $1 trillion,” she added.
While speaking to ANI on Friday, Union Minister for Road Transport and Highways Nitin Gadkari on Union Budget 2019 said, “Already we have doubled the economy in the last 5 years. I am confident that when we complete 5 yrs again, we will be more than $5 trillion economy.”
Wed, Jul 03, 2019
Bank of England Governor Mark Carney said a global trade war and a no-deal Brexit were growing risks to Britain`s economy which might need more help to cope with a downturn, prompting investors to increase their bets on a BoE interest rate cut.
Tue, Jul 02, 2019
While several industries have put forward their demands, more and more voices have been asking for changes in the Goods and Services Tax (GST) asking for it to be simplified and also the companies which provide clean pre-reconciled purchase data should get input tax credit (ITC) immediately.
Mon, Jul 01, 2019
The GST rate of 28 per cent should be brought down to 18 per cent as it will benefit the industry in terms of cash flow, says Nishant Arya, Executive Director, JBM Auto.
Sun, Jun 30, 2019
Outgoing RBI Deputy Governor, Viral V Acharya on Saturday said that the capital markets play a crucial role in the development of country's economy and the Reserve Bank has been putting in the necessary efforts to expand the investor base.
Thu, Jun 27, 2019
The CSO data, the report said, gave an insight into the manner in which the income generated in the production process is being distributed across the two key factors of production, labour and capital.
Budget 2019: Finance Minister Nirmala Sitharaman is set to present Union Budget 2019 on July 5 and the expectations are high as this is the first budget of the second term of the Modi government. While several industries have put forward their demands, more and more voices have been asking changes in the Goods and Services Tax (GST) for its simplification.
Wed, Jun 26, 2019
Private equity (PE) investment in real estate jumped 26 per cent in the first half of this year to USD 3.9 billion (approx Rs 28,000 crore) impelled by higher inflow in commercial and warehousing projects, according to property consultant company Colliers.
Tue, Jun 25, 2019
Prime Minister Narendra Modi, while addressing the Lok Sabha on Tuesday evening, said that the NDA government did not divert from its path of development in the first five years of its government and added that it is important that the nation continues to progress.
Mon, Jun 24, 2019
Federation of Indian Chambers of Commerce and Industry (FICCI) suggested to raise fund allocation in several aspects of school and higher education in the upcoming Union Budget 2019.
Sat, Jun 22, 2019
Prime Minister Narendra Modi will today hold a meeting with top economists to review the macroeconomic situation of the country. The meeting comes amid growing concern over the slowdown in the economy.
Thu, Jun 20, 2019
President Ram Nath Kovind said on Thursday said that the government will take steps to further improve the start-up ecosystem in the country with an aim of having 50,000 such enterprises by 2024.
Logistics and warehousing segment of the economy plays a critical role, but it is definitely not one that gets much attention from the public. However, the segment is definitely grabbing the attention of those who are interested in investing.
President Ram Nath Kovind on Thursday revealed that nearly two crore houses will be built in the villages under the Pradhan Mantri Awas Yojana over the next three years while addressing the joint sitting of both Houses of Parliament.
Wed, Jun 19, 2019
Indian e-commerce players have voiced concern regarding the draft e-commerce policy and speaking up on the issue was Commerce Minister Piyush Goyal.
Maharashtra has topped the list of the 10 states for 'leadership in energy and environmental design' (LEED) ratings that was released by the US Green Building Council (USGBC) Monday.
Maharashtra Budget: The Chief Minister Devendra Fadnavis led BJP government presented the budget on Tuesday. The state budget had a revenue deficit of Rs 20,293 crore. Notably, last year's shortfall was Rs 14,960 crore.
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