Officials of OECD have warned that failing to strike a deal would lead to a proliferation of taxes and tariffs that could reduce the size of the global economy by as much as 1% — more than $1 trillion at current levels — per year
Apart from intent, innovative thinking and timing, there are two other equally important factors that will determine the outcome of these measures: the design of the schemes and the implementation
Exports had a “comprehensive recovery” in the three months ending in September, said a spokesman for the customs agency, Li Kuiwen.
Reserve Bank of India will not be able to cut rates until the inflation cools off to its target levels.
At 1,755 job postings, there was an improvement of 24 percent in hiring activities last month compared to 1,413 listings in August
Amitabh Kant, while addressing a virtual FICCI event, further said the government is finalising its plans to expand its production-linked incentive (PLI) scheme to more sectors for boosting domestic manufacturing.
High inflation makes the Reserve Bank of India’s task tougher as it tries to prop up growth. A rate cut in December too appears unlikely now
The RBI has taken a number of measures to (i) keep a lid on yields and (ii) increase the absorptive capacity for government bonds.
Sitharaman announced a slew of measures to stimulate consumer demand and offer capital support to states. These included LTC Cash Voucher Scheme, Special Festival Advance Scheme and a Rs 12,000 crore interest-free 50-year loan to states.
The Monday measures to boost consumer demand and capital expenditure are unlikely to move the needle much on durable growth recovery
SC on Loan Moratorium LIVE: The three judge bench comprising of Justices Ashok Bhushan, R. Subhash Reddy & MR Shah assembled at 12 noon and announced that the matter will be taken up at the end of board (i.e. after all other cases in the list have been heard)
Finance Minister Nirmala Sitharaman said that the GST Council meeting held on October 12 ended without a consensus between the Centre and a few states.
In June and May, the RBI had bought $9.814 billion and $4.363 billion, respectively, on a net basis.
For the current year, the centre has fixed MSP of paddy (common grade) at Rs 1,868 per quintal, while that of A grade variety has been fixed at Rs 1,888 per quintal.
The production estimate for the central zone has been increased by 5.50 lakh bales that is 2.50 lakh bales each in Gujarat and Maharashtra and 50,000 bales each in Madhya Pradesh.
But there's another change involved as well, and it is one that underscores the challenges facing a full US economic recovery.
According to the proposal, till September 30, a total amount of Rs 68 crore were outstanding dues, including mandi and allocation fees and other arears from the various agricultural committees of the state.
The government in May had increased its market borrowing programme for the current financial year by more than 50 percent to Rs 12 lakh crore to meet the increased spending due to the COVID-19 pandemic.
The IIP had contracted by 1.4 percent in August 2019. " It may not be appropriate to compare the IIP in the post pandemic months with the IIP for months preceding the COVID 19 pandemic," the Ministry of Statistics and Programme Implementation said in a statement.
The inflation based on the Consumer Price Index (CPI) stood at 6.69 percent in August. It was 3.99 percent in September last year.
Regular rainfall during harvesting and the pest and disease attacks in Madhya Pradesh and Rajasthan, biggest and third biggest producers in the country respectively, badly affected crop and led to low yields, according to the Soybean Processors Association of India.
The new workaround is working for those who would otherwise have had to ditch successful careers
The Centre had on July 29, extended the deadline for filing of original and revised ITRs till September 30. The two-month extension – the third such given for FY21 – comes as the government looks to mitigate taxpayers’ hardships amid the coronavirus pandemic.
Expected low returns for the next five to 10 years come at a crucial time for households near retirement and those who have recently crossed the retirement Rubicon
Some investors put off by the high prices of the technology giants are looking for smaller tech stocks that are cheaper and have more room to grow