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Economy

India sees surge in deal activity at record $116 billion in 2024

India sees surge in deal activity at record $116 billion in 2024

Tue, Jan 21, 2025

India's deal-making landscape witnessed a landmark year in 2024, with a record 2,186 deals valued at $116 billion, marking a 33 per cent increase in volumes and 76 per cent surge in values (year-over-year), a report showed on Tuesday.

Maharashtra will play key role in achieving India's $5 trillion economy goal: Minister Aditi Tatkare

Maharashtra will play key role in achieving India's $5 trillion economy goal: Minister Aditi Tatkare

Sat, Dec 21, 2024

Representing Maharashtra in the pre-Union Budget meeting held in Jaisalmer, Minister Aditi Tatkare on Saturday assured that Maharashtra would play a pivotal role in India's journey towards becoming a $5 trillion economy.

Nirmala Sitharaman: Economy to Improve in Coming Quarters

Nirmala Sitharaman: Economy to Improve in Coming Quarters

Wed, Dec 18, 2024

Nirmala Sitharaman, India's Finance Minister, states that the economy will improve in the upcoming quarters despite a temporary dip in Q2 growth. In this video, we discuss her comments on India's economic outlook and what it means for future growth.

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Let's work together to make India $5 trillion economy: PM Narendra Modi

Let's work together to make India $5 trillion economy: PM Narendra Modi

Thu, Feb 06, 2020

Talking about the investment climate in the country, he said several measures have been taken to increase the trust of investors in the economy. The prime minister said that foreign direct investment during April-September 2019 increased to USD 26 billion from USD 22 billion in the same period previous year, adding that this reflects confidence of foreign investors in India.

RBI MPC: Reserve Bank estimates GDP to expand at 6 pct in FY21

RBI MPC: Reserve Bank estimates GDP to expand at 6 pct in FY21

Thu, Feb 06, 2020

The Reserve Bank of India on Thursday projected the economy to expand by 6 per cent during the next financial year, pegging it at the lower end of the GDP growth estimate of the Economic Survey. The survey, tabled in Parliament last month, estimated the GDP growth during FY21 at 6-6.5 per cent.

There was nothing bad in Budget 2020: Vijay Kedia

There was nothing bad in Budget 2020: Vijay Kedia

Thu, Feb 06, 2020

What is good for the country and the economy will be good for the entire share bazaar. I do not look at the budget only with the perspective of the stock market but how beneficial it is for the overall development and the economy, which is the utmost important thing in life, Vijay Kedia, MD, Kedia Securities said

RBI Monetary Policy: Five key announcements you should know

RBI Monetary Policy: Five key announcements you should know

Thu, Feb 06, 2020

The RBI keeps the repo rate and reverse repo rate unchanged at 5.15% and 4.90% respectively.

Income tax: Unorganised sector ought to be in tax net, says CBDT chief

Income tax: Unorganised sector ought to be in tax net, says CBDT chief

Wed, Feb 05, 2020

Income Tax: Central Board of Direct Taxes (CBDT) Chairperson P.C. Mody on Tuesday said that the unorganised sector is ought to be under the tax framework. At a conference organised by FICCI here, the CBDT chief said that having a broader tax base would result in lower tax rates across the board

MF Alert: 10% TDS only on dividend paid by mutual funds, says Tax dept

MF Alert: 10% TDS only on dividend paid by mutual funds, says Tax dept

Wed, Feb 05, 2020

MF Alert: Budget proposal of 10 per cent TDS will be applicable only on dividend payment by mutual funds and not on gain arising out of redemption of units, the tax department clarified on Tuesday

RBI Monetary Policy on February 6: The last one of this financial year - Will it bring cheers?

RBI Monetary Policy on February 6: The last one of this financial year - Will it bring cheers?

Tue, Feb 04, 2020

The Reserve Bank of India (RBI) is all set to unveil its last monetary policy for the current financial year on Thursday.

We are telling you where money is going to be spent so that you can plan your investments: FM Nirmala Sitharaman

We are telling you where money is going to be spent so that you can plan your investments: FM Nirmala Sitharaman

Tue, Feb 04, 2020

Finance Minister Nirmala Sitharaman on Monday said the money raised through disinvestment will be used to develop infrastructure, which will have multiplier effect on the economy and not bridging revenue deficit

Shifting to optional new income tax slabs will benefit taxpayers: Official

Shifting to optional new income tax slabs will benefit taxpayers: Official

Tue, Feb 04, 2020

Taxpayers willing to migrate to the new personal income tax regime announced in the Union Budget for 2020-21 will get more benefits than the older system, a senior official said on Monday. Multiple layers of deductions and exemptions add to the complexity of the Income Tax Act, Principal Chief Commissioner of Income Tax (West Bengal and Sikkim) B Jha said

RBI to come out with last monetary policy for FY20 on Thursday

RBI to come out with last monetary policy for FY20 on Thursday

Mon, Feb 03, 2020

The government has estimated India's gross domestic product (GDP) to be growing at a slower pace of 5 per cent in the current financial year on the back of various factors, domestic and global, including weakening consumption demand in the country.

Focus on labour-intensive sectors can help in creating 4 crore jobs by 2025: CEA Krishnamurthy Subramanian

Focus on labour-intensive sectors can help in creating 4 crore jobs by 2025: CEA Krishnamurthy Subramanian

Mon, Feb 03, 2020

"Besides, we have seen certain signs - in the last few months - related to good news like IIP among others. These are certain things that suggest that the trend will change. Therefore, we have projected the growth between 6% and 6.50% not some unrealistic 7.50% or more," Krishnamurthy Subramanian, Chief Economic Advisor of India said in an interview with Zee Business

Small savings scheme interest rate: Big news! See what official said

Small savings scheme interest rate: Big news! See what official said

Mon, Feb 03, 2020

Small savings scheme interest rate: Department of Economic Affairs Secretary Atanu Chakraborty has hinted at revision in small savings rate next quarter, in line with market rate, a development that could lead to speedier transmission of monetary policy rate. During the current quarter, the gover

New income tax slabs: Is your pay over Rs 13 lakh a year? You will save more money

New income tax slabs: Is your pay over Rs 13 lakh a year? You will save more money

Mon, Feb 03, 2020

Taxpayers having an annual salary pay of over Rs 13 lakh and availing deductions of up to Rs 2 lakh will save on their tax outgo if they opt for the new tax regime proposed in the Budget, government sources said on Sunday

Country is moving towards simple & easy to comply taxation system: Nirmala Sitharaman

Country is moving towards simple & easy to comply taxation system: Nirmala Sitharaman

Sun, Feb 02, 2020

This budget gives a good larger picture, which talks about larger sectors like rural development and agriculture. Now, I am not giving a budget, sector-wise. If the economy, its consumption, investment are all driven through the government investment, government's direct benefit transfer (DBT), reduction in income tax, cut in corporate tax, then I expect that the impact to be in every sector of the society

Decoding Budget 2020! MUST WATCH DNA Special Edition Video with Anil Singhvi and Sudhir Chaudhary

Decoding Budget 2020! MUST WATCH DNA Special Edition Video with Anil Singhvi and Sudhir Chaudhary

Sun, Feb 02, 2020

Budget 2020: Finance Minister Nirmala Sitharaman on Saturday presented the first budget of Modi 2.0. Zee Business' Managing Editor Anil Singhvi in a special edition of famous show DNA with Editor-In-Chief of Zee News, Zee Business and WION, Sudhir Chaudhary, explained what he thinks about the Budget 2020.

Budget 2020: Do you know where the money comes from and where it goes? Here are all details

Budget 2020: Do you know where the money comes from and where it goes? Here are all details

Sun, Feb 02, 2020

What will be the government's income and its expenses? Zee Business Online explains in a simple way

It is 'New Decade's 'budget for 'New India': Anurag Thakur, MoS, Finance

It is 'New Decade's 'budget for 'New India': Anurag Thakur, MoS, Finance

Sun, Feb 02, 2020

The Budget is a budget for the 'New Decade' for 'New India'. It is a budget for the creation of a strong $5 trillion economy by 2025. Rs103 lakh crore will be invested in infrastructure creation, which is not small in itself. Rs3 lakh crore has been allocated for Ministry of Agriculture & Farmers' Welfare and Ministry of Rural Development. Rs1.76 lakh crore will be provided to the transport sector, Anurag Thakur, Minister for State for Finance says

Budget 2020: Govt gives incentives to taxpayers... but conditions apply! Check impact of income tax changes

Budget 2020: Govt gives incentives to taxpayers... but conditions apply! Check impact of income tax changes

Sat, Feb 01, 2020

Budget 2020: Government has made changes in the income tax slabs. There are certain benefits, but certain conditions apply on how these changes in income tax slabs will impact taxpayers. What choices does the taxpayer have? Our experts give detailed view on Zee Business Money Guru show:

Why Union Budget 2020 is a Budget for everyone

Why Union Budget 2020 is a Budget for everyone

Sat, Feb 01, 2020

Finance Minister Nirmala Sitharaman presented a balanced budget on Saturday afternoon, announcing cuts in personal income tax, extending tax benefits for affordable housing and giving relief to companies on payment of dividend in the Union Budget for 2020-21 as the government looked to boost consumption

Budget 2020: Big gift for travellers, Govt green-flags 150 private trains on PPP model

Budget 2020: Big gift for travellers, Govt green-flags 150 private trains on PPP model

Sat, Feb 01, 2020

Budget 2020: Finance Minister Nirmala Sitharaman has announced the Railways will run 150 private trains on a public-private-partnership (PPP). The government will be linking various tourist spots by running Tejas Express, the finance minister said

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