Sat, Dec 09, 2023
Addressing the valedictory session of the Uttarakhand Global Investors Summit here, Shah said India has grown exponentially on every front over the past one decade due to the farsighted and visionary leadership of Prime Minister Narendra Modi.
Tue, Dec 05, 2023
India is poised to become the world's third-largest economy by 2030 with an estimated 7 per cent GDP growth in 2026-27, according to a S&P Global Ratings forecast released on Tuesday.
Japan's economy is facing headwinds, with high inflation taking a toll on household spending and slowing global demand, including in China, adding pressure on manufacturers.
Tue, Nov 08, 2022
In international trade parlance, dumping happens when a country or a firm exports an item at a price lower than the price of that product in its domestic market.
Mon, Nov 07, 2022
Electoral bonds have been pitched as an alternative to cash donations made to political parties as part of efforts to bring transparency in political funding.
Sun, Nov 06, 2022
The sugar production in the new 2022-23 season commenced in Maharashtra and Karnataka from October onwards, whereas in Uttar Pradesh and rest of the cane growing states, it will kick off in a week's time.
"Overall, all things considered, including the risk of oil price, I do believe that the external situation will be manageable, of course with some anxious moments to come," V Anantha Nageswaran said.
Fri, Nov 04, 2022
LIVE: RBI MPC Meeting Outcome November 2022: The rate setting panel of Reserve Bank of India (RBI) met on Thursday to discuss and draft a report for the government on why it failed to keep retail inflation below the target of 6 per cent for three consecutive quarters since January this year. The meeting was chaired by RBI Governor Shaktikanta Das and attended by all MPC members -- Michael Debabrata Patra, Rajiv Ranjan, Shashanka Bhide, Ashima Goyal and Jayanth R Varma. Here are all the LIVE UPDATES, Latest News of RBI MPC Meeting Outcome 3rd November 2022:-
Wed, Nov 02, 2022
RBI MPC Meeting, RBI Governor Shaktikant Das Speech Live: The six-member rate-setting panel is headed by RBI Governor Shaktikanta Das. Das will address the media on Thursday morning wherein he will announce the decision taken during the MPC meeting.
HDFC Ltd Chairman Deepak Parekh on Tuesday said that though the interest rates go up, the tax deduction given by the government on annual outgo on this account brings the effective rates down.
Fri, Oct 28, 2022
Inflation has been rising in Japan along with globally surging prices. A weakening of the yen against the dollar has amplified costs for imports. The stimulus package includes subsidies for households that are largely seen as an attempt by Kishida to lift his plunging popularity.
Mon, Oct 24, 2022
Most of the economy lost momentum last month said Julian Evans-Pritchard of Capital Economics in a report.
Sun, Oct 23, 2022
"It contributed to the buoyancy in taxes the country is benefitting from today. This helps us move towards the ideal of low tax rates on a large base," she told PTI.
Observing that India has managed inflation better than most other countries in the world, the Review said that barring further weather extremities, retail food inflation is expected to decline in the coming months, leading to lower headline retail inflation.
Sun, Oct 16, 2022
Multinational companies (MNCs) appreciate the impact of GST, the government's digital push in various spheres, and transparency in taxation, amongst other reforms.
Last year, the government notified the General Insurance Business (Nationalisation) Amendment Act which will allow the government to cut its stake in state-owned general insurers to below 51 per cent.
Sat, Oct 15, 2022
The government has ensured the availability of free food grains to more than 800 million vulnerable families for the past 25 months, through the country's massive public distribution network, FM Sitharaman said.
"India's foreign exchange reserves at USD 537.5 billion as on September 23, 2022, compare favourably with most peer economies. Two-thirds of the decline in reserves is due to valuation changes arising from an appreciating US dollar and higher US bond yields," Sitharaman said.
Thu, Oct 13, 2022
According to S&P Global Ratings, it has developed a downside scenario taking into account the increasing risks and the potential for materialization, with a roughly one-in-three likelihood of occurring.
Tue, Oct 11, 2022
IMF Managing Director Kristalina Georgieva, noting the grim backdrop to this week's fall meetings of the IMF and the World Bank in Washington, warned that the "risks of recession are rising" around the world and that the global economy is facing a "period of historic fragility."
Mon, Oct 10, 2022
According to the memorandum, the proposals in complete form justifying supplementary demands to be included in the first batch should be forwarded to the Budget Division of the finance ministry by November 11, 2022.
Thu, Oct 06, 2022
Kristalina Georgieva, managing director of the IMF, told an audience at Georgetown University on Thursday that things are more likely to get worse before it gets better", saying the Russian invasion of Ukraine that began in February has dramatically changed the IMF's outlook on the economy
Supply chain easing and the uptick in domestic consumption is likely to give a significant boost to seasonal demand, company’s Managing Director and Chief Executive Officer (CEO) YS Chakravarti said in a press statement
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