Author: Economy

Kotak also said the budget for FY22 was conservative in revenue estimates because if which a 6.8 percent fiscal deficit can be managed. Uday Kotak is of the view that the Budget for FY22 was conservative in its revenue estimates, because if which a 6.8 percent fiscal deficit can be managed. Veteran banker Uday Kotak […]

The scheme is available to individuals aged between 18 and 50 years holding a savings bank account. The scheme is available to individuals aged between 18 and 50 years and holding a savings bank account. ‘); $ (‘#lastUpdated_’+articleId).text(resData[stkKey][‘lastupdate’]); //if(resData[stkKey][‘percentchange’] > 0){ // $ (‘#greentxt_’+articleId).removeClass(“redtxt”).addClass(“greentxt”); // $ (‘.arw_red’).removeClass(“arw_red”).addClass(“arw_green”); //}else if(resData[stkKey][‘percentchange’] = 0){ $ (‘#greentxt_’+articleId).removeClass(“redtxt”).addClass(“greentxt”); //$ (‘.arw_red’).removeClass(“arw_red”).addClass(“arw_green”); […]

The scheme is available to individuals aged between 18 and 50 years holding a savings bank account. The scheme is available to individuals aged between 18 and 50 years and holding a savings bank account. ‘); $ (‘#lastUpdated_’+articleId).text(resData[stkKey][‘lastupdate’]); //if(resData[stkKey][‘percentchange’] > 0){ // $ (‘#greentxt_’+articleId).removeClass(“redtxt”).addClass(“greentxt”); // $ (‘.arw_red’).removeClass(“arw_red”).addClass(“arw_green”); //}else if(resData[stkKey][‘percentchange’] = 0){ $ (‘#greentxt_’+articleId).removeClass(“redtxt”).addClass(“greentxt”); //$ (‘.arw_red’).removeClass(“arw_red”).addClass(“arw_green”); […]

Under GST law, states were guaranteed to be compensated bi-monthly for any loss of revenue in the first five years of the GST implementation from July 1, 2017. (Source: ShutterStock) Finance Ministers of six non-BJP led states and Rajasthan Urban Development and Housing Minister Shanti Dhariwal met virtually on May 26 to discuss the extension […]

At Rs 99.71 per litre, the price of petrol in Mumbai stands close to the Rs 100-mark. Diesel is priced at Rs 91.57 per litre in the country’s financial hub. Representative image Auto fuel prices remained unchanged on May 26, according to the Indian Oil Corporation Limited’s listing. Prices of petrol and diesel were hiked across the country […]

Hiring by the central government fell 27 percent in FY21, while states hired 21 percent fewer people, a media report said. (Representational image) Amid the harsh economic impact of the coronavirus pandemic, hiring by the Centre and state governments has fallen to the lowest level in three years. Hiring by the central government fell 27 […]

Hiring by the central government fell 27 percent in FY21, while states hired 21 percent fewer people, a media report said. (Representational image) Amid the harsh economic impact of the coronavirus pandemic, hiring by the Centre and state governments has fallen to the lowest level in three years. Hiring by the central government fell 27 […]

China reported a GDP growth at 18.30 percent for Q1 of CY21. This is the highest rate of growth which China has witnessed since 1993. Joseph Thomas May 26, 2021 / 11:34 AM IST Economy | 79 percent The US’ first-quarter GDP growth for 2021 was at 6.4 percent against the estimated 6.5 percent but […]

China reported a GDP growth at 18.30 percent for Q1 of CY21. This is the highest rate of growth which China has witnessed since 1993. Joseph Thomas May 26, 2021 / 11:34 AM IST Economy | 79 percent The US’ first-quarter GDP growth for 2021 was at 6.4 percent against the estimated 6.5 percent but […]

China reported a GDP growth at 18.30 percent for Q1 of CY21. This is the highest rate of growth which China has witnessed since 1993. Joseph Thomas May 26, 2021 / 11:34 AM IST Economy | 79 percent The US’ first-quarter GDP growth for 2021 was at 6.4 percent against the estimated 6.5 percent but […]

China reported a GDP growth at 18.30 percent for Q1 of CY21. This is the highest rate of growth which China has witnessed since 1993. Joseph Thomas May 26, 2021 / 11:34 AM IST Economy | 79 percent The US’ first-quarter GDP growth for 2021 was at 6.4 percent against the estimated 6.5 percent but […]

Rice output in the world’s biggest exporter and the second largest producer is estimated at a record 121.46 million tonnes compared to a forecast of 120.32 million tonnes in February. Reuters May 26, 2021 / 09:45 AM IST India is expected to produce a record 108.75 million tonnes of wheat this year, the farm ministry said […]

Rice output in the world’s biggest exporter and the second largest producer is estimated at a record 121.46 million tonnes compared to a forecast of 120.32 million tonnes in February. Reuters May 26, 2021 / 09:45 AM IST India is expected to produce a record 108.75 million tonnes of wheat this year, the farm ministry said […]

GDP A British brokerage on Tuesday cut India’s FY22 GDP growth estimate by a sharp 0.80 per cent to 9.2 per cent, saying the economic impact of the second wave of infections has been deeper than initially expected. Barclays chief India economist Rahul Bajoria also mentioned the slow pace of vaccinations in the country and […]

The finance ministry is working on proposals to bolster the tourism, aviation and hospitality industries, along with small and medium-sized companies, Bloomberg reported. Reuters May 25, 2021 / 12:19 PM IST India is preparing an economic stimulus package for the sectors worst affected by COVID-19, Bloomberg reported on Tuesday, citing people familiar with the matter. […]

Union Finance Minister Nirmala Sitharaman announced the NIP in December 2019. Under the NIP, the government has projected total infrastructure investment worth Rs 111 lakh crore during FY20-25. During Union Budget 2021, the number of projects under the NIP was expanded to 7,400 projects from 6,835 projects.(Representative Image) Amid the second wave of the COVID-19 […]

Are interest rates the only factor to choose a fixed deposit. Here’s a quick guide on other important factors you should consider while choosing an FD scheme Bank FDs come with some limitations such as premature withdrawals are not usually allowed or come with a penalty. Fixed deposits are one of the most preferable and popular […]

Are interest rates the only factor to choose a fixed deposit. Here’s a quick guide on other important factors you should consider while choosing an FD scheme Bank FDs come with some limitations such as premature withdrawals are not usually allowed or come with a penalty. Fixed deposits are one of the most preferable and popular […]

There is no proposal to lower the existing GST rate of masks, sanitisers, ventilators, and personal protective equipment kits, CNBC-TV18 reported. The GST Council is scheduled to meet on May 28, amid the ongoing second (Representative Image) There is no proposal to include jet fuel, natural gas, and petroleum products under the Goods and Services Tax […]