The government monetised assets worth ₹1.56 lakh crore under the National Monetisation Pipeline (NMP) in 2023-24, lower than the target of ₹1.8 lakh crore, an […]
Tag: economy
e-WAY bill generation in May touched 10.32 crore, second all time high
e-WAY bill generation touched 10.32 crore in May, which is second all-time high generation. Normally, May does not see much activities, still, higher numbers could […]
CII President Sanjiv Puri says budget must give rural capex boost, tackle weak consumption
The Modi 3.0 Government should maintain its focus on public infrastructure capital expenditure (capex) while allocating a significant portion of the incremental hike for 2024-25 […]
DGFT taps export bodies for inputs on efficacy of interest equalisation scheme
The DGFT has sought information from various export bodies on the trade finance eco system in India and related challenges to assess if the government’s […]
CBIC issues instructions for initiating early GST recovery
The CBIC has said the Principal Commissioner or commissioner level officers can issue directions to recover GST dues before the stipulated three months of serving […]
S&P Global upgrades India’s outlook to ‘positive,’ rating boost possible within 2 years
Taking note of the robust growth and rising quality of government spending, S&P Global Ratings on Wednesday revised India’s outlook to ‘Positive’ from ‘Stable’. However, […]
IMF: Upgrades China’s 2024, 2025 GDP growth forecasts after ‘strong’ Q1
China’s economy is set to grow 5 per cent this year, after a “strong” first quarter, the International Monetary Fund said on Wednesday, upgrading its […]
India in trade deficit with nine of top 10 trading partners in 2023-24
India has recorded a trade deficit, the difference between imports and exports, with nine of its top 10 trading partners, including China, Russia, Singapore, and […]
Need to empower Indian youth for an AI-driven future, says CEA Nageswaran
India needs to prepare its youth in the new technology area of Artificial Intelligence (AI), which is bound to have a pervasive impact on people’s […]
Indian exporters hopeful of gaining from US-China tariff war
Indian exporters are hopeful that the US decision to impose penal tariffs on certain Chinese imports may result in opportunities for them as they could […]