Page 75 of economy news

Crisil cuts FY23 GDP growth forecast to 7%

According to Crisil, the global slowdown’s hit to Indian exports could weaken income prospects of the Indian manufacturing industry, particularly…

November 22, 2022 01:00 IST

India to remain among fastest growing economies: HDFC chairman

The Reserve Bank of India (RBI) has estimated a 7% GDP growth in FY23, with the economy growing between 6.1-6.3%…

November 22, 2022 00:15 IST

India’s Q2FY23 GDP to fall by half from Q1, still beat RBI’s estimate; services, capex to cushion downfall

The slight jump in GDP growth is also backed by investment-related indicators such as the output of capital goods, infra\construction…

November 21, 2022 17:34 IST

Nirmala Sitharaman kickstarts pre-budget meetings today; discussions on climate change, infra, health lined up

The consultation sessions being held by the Ministry of Finance will include suggestions from the experts, leaders, and representatives of…

Updated: November 21, 2022 13:48 IST

economic growth, indian economic growth, Gautam Adani

India to be world’s 2nd largest economy by 2050: Gautam Adani

India is currently the world’s fifth largest economy with a gross domestic product (GDP) of $3.5 trillion. In comparison, the…

November 20, 2022 02:30 IST

Export duty on steel, iron ore cut; tax on some raw material imports hiked

During October, engineering exports fell 21 per cent to USD 7.4 billion, primarily due to decline in shipments of steel…

November 19, 2022 16:56 IST

black economy, tax evasion, black money,

Beating the black economy

Consumer awareness on the ill-effects of counterfeit and smuggled goods is central to curbing the black economy; policies and enforcement…

November 18, 2022 04:00 IST

rice exports, rice exports data, rice exports news,

India’s rice exports to fall by 1.5 mt to 19.mt: USDA

Despite export tax, India’s rice price is competitive

Updated: November 17, 2022 07:46 IST

India notifies 8,606 tonnes of raw cane sugar exports to US under TRQ scheme

Shipments under the TRQ enjoy relatively low customs duty. After the quota is reached, a higher tariff applies on additional…

November 16, 2022 22:44 IST

India’s export to UAE rises 17.6 pc to USD 18 bn in Apr-Oct this fiscal

Imports from China during the same period grew by 18 per cent to USD 60.3 billion, while India’s exports to…

November 16, 2022 22:11 IST

Govt to trim fiscal deficit in FY24, follow glide path

“We are likely to close 2022-23 with a fiscal deficit very much around the budgeted level as a percentage of…

November 16, 2022 05:45 IST

Centre likely to simplify capital gains tax structure in Budget: Official

The government will likely simplify the capital gains tax regime to align the tax rates and holding period across the…

November 16, 2022 03:30 IST

Punjab and Haryana aim to stop stubble burning in 2-3 years

Haryana reported a 44% drop in straw burning incidents at 3128 events during the same period.

November 16, 2022 00:45 IST

Budget may tweak capital gains tax regime

The Budget for 2023-24 fiscal would be presented in Parliament on February 1, 2023.

November 15, 2022 20:47 IST

Moody’s accords negative credit outlook to countries on high prices, slowing growth

It forecast that as many as 13 nations, including India, would spend over 20 per cent of their government revenue…

November 15, 2022 17:14 IST

How increased capital spending in the infrastructure sector will spur growth of the Indian Economy

The overall infrastructure investment is anticipated to grow between FY21 and FY26 at a CAGR of 11.4%, thanks to spending…

November 13, 2022 13:54 IST

Commerce Ministry terminates anti-dumping probe into solar cell imports from China, Thailand and Vietnam

Anti-dumping rules, 1995 provide for termination of a probe in certain situations which include withdrawal of application by the affected…

November 13, 2022 12:00 IST

"But under these critical circumstances also, all in the world are hearing one more thing. Experts in the world say that India will soon become the third largest economy in the world and is marching forward very fast in that direction," the Prime Minister added.

Experts say India marching towards becoming world’s third biggest economy: PM Modi

“For the past two or three years, the world has been fighting the corona pandemic. On the other hand, there…

November 12, 2022 17:50 IST

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Virat Kohli grants brother Vikas Kohli legal rights over Gurugram property

Trending News23 min ago

Indian cricketer Virat Kohli has given his brother Vikas Kohli the power of attorney for his Rs 80 crore bungalow in Gurugram to avoid legal complications while he is in London with his family. This legal document allows Vikas to handle matters related to property, finance, and legal affairs on Virat’s behalf, making it easier for Indian citizens.

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