Sat, Nov 02, 2024
Gross GST collection grew 9 per cent to over Rs 1.87 lakh crore in October on higher revenues from domestic transactions.
More >
Tue, Oct 22, 2024
India's GDP growth is likely to moderate from 8.2 per cent in 2023 to 7 per cent in 2024 and 6.5 per cent in 2025 because the pent-up demand accumulated during Covid has exhausted, as the economy reconnects with its potential, the International Monetary Fund (IMF) said on Tuesday.
Thu, Oct 17, 2024
India is poised to be the third largest global economy by 2030 but its rising population presents mounting challenges in basic service coverage and growing investment needs to maintain productivity, S&P Global Ratings said on Thursday.
Wed, Sep 18, 2019
Broader impacts of the Fed`s decision to stop raising rates and start cutting them this year are already being felt across the economy. Investors anticipated that the Fed would cut further, lowering yields on bonds, and reducing mortgage rates.
Sun, Sep 15, 2019
As part of the steps taken to boost exports, India will organise annual mega shopping festivals, similar to the ones held in Dubai, to facilitate exchange between global producers and consumers, Finance Minister Nirmala Sitharaman said on Saturday.
Sat, Sep 14, 2019
Highlights of Finance Minister Nirmala Sitharaman's press briefing over 'revival of economy'
Finance Minister Nirmala Sitharaman today announced a fresh set of measures to boost exports and the housing sector.
Nirmala Sitharaman said, "Scheme for Remission of Duties or Taxes on Export Product (RoDTEP) will replace MEIS. Existing dispensation in textiles of MEIS and old RoSL (Rebate on State Levies) will continue up to December 31 this year."
Finance Minister Nirmala Sitharaman addresses media on the Indian economy's state. Watch video to know more.
Addressing media on the measures taken by the government to stimulate the economic growth rate, she said that these measure will remove any element of discretion and any feeling of harassment that taxpayers may have.
Union Finance Minister Nirmala Sitharaman today said the signs of revival are very encouraging, as annual fixed investment rate is going up and inflation has been kept under 4 per cent, while addressing the media.
Finance Minister Nirmala Sitharaman addressed a press conference in New Delhi on Saturday afternoon and said that while the inflation is under control, there are signs of revival of industrial production in the first quarter of 2019-20 and up to July-end.
Big announcements expected by Finance Minister in PC today at National Media Centre to give some relief to the Indian Economy. Watch this video to know more.
Fri, Sep 13, 2019
Last month, the RBI in "Developmental and Regulatory Policies" changes had announced: "Under the standardised approach for `Credit Risk Management`, consumer credit, including personal loans and credit card receivables attract a higher risk weight of 125 per cent or higher, if warranted by the external rating of the counterparty."
Thu, Sep 12, 2019
The Consumer Price Index (CPI) in August, however, was lower than the corresponding month of the last year when retail inflation stood at 3.69 per cent.
The data on a year-on-year (YoY) basis, however, stated that July 2019 factory output growth rate was lower than the 6.5 per cent achieved during the corresponding month of the previous fiscal.
Tax experts said that the proposed move to dispense small taxpayers from filing annual returns would ease compliance burden and also help tax authorities focus on big assessees.
Wed, Sep 11, 2019
The current fiscal`s disinvestment target of Rs 1.05 lakh crore has been increased from Rs 90,000 crore proposed in the Interim Budget 2019-20 in February.
Fri, Sep 06, 2019
The Ministry and the CPSEs reviewed three areas: Capital expenditure by various CPSEs and ministries where the CPSEs were asked adhere to the expenditure plan and accelerate investment activities.
India`s retail inflation rate eased slightly in July, staying below the central bank`s 4% medium-term target for a 12th straight month, strengthening views that there will be a policy rate cut in October.
Centre open to take industry proposal to GST Council: Anurag Thakur. Watch video to know more.
Government likely to infuse ₹12,000 crore in state general insurance firms.
Thu, Sep 05, 2019
SIAM President Rajan Wadhera exclusively speaks to Zee Business.
By accepting cookies, you agree to the storing of cookies on your device to enhance site navigation, analyze site usage, and assist in our marketing efforts.
