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April 01, 2023 10:07 AM IST In 2021-22, the department had earned Rs 19,750 crore against the target of Rs 16,500 crore.
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April 01, 2023 07:02 AM IST The Central government has set itself a revised fiscal deficit target of Rs 17.55 lakh crore for the current financial year. However, as a percentage of the GDP, the full-year target remains at 6.4 percent.
- March 31, 2023 05:46 PM IST
The Fed is fulfilling its obligation to restrain wage and price pressures while so far avoiding a recession. The relatively benign current outcome of Americans fully employed without uncontrollable inflation is in stark contrast to the 1970s
- April 01, 2023 07:03 AM IST
As a percentage of GDP, October-December current account deficit is 2.2 percent compared to 3.7 percent in July-September and 2.7 percent in October-December 2021
- March 31, 2023 03:50 PM IST
The changes signify a move towards a more liberalised regime, to further the stated objective of providing flexibility to insurers to manage their expenses within the overall limits, based on their gross written premium
- March 31, 2023 02:46 PM IST
The Reserve Bank of India, like most emerging market central banks, will closely follow what its American counterpart has been doing, but “need not follow every step of what Fed does,” said Rao in an interview with Bloomberg.
- March 31, 2023 12:56 PM IST
Our specially curated package of the most interesting articles to help you stay at the top of your game.
- March 31, 2023 11:40 AM IST
Some companies seized on widely reported disruptions to raise prices and increase margins at the expense of consumers
- March 31, 2023 09:10 AM IST
Shocks, uncertainty and contagion being inevitable, the only ‘solution’ to recurrent crises could lie with central banks
- March 30, 2023 05:08 PM IST
Past declines have been about unwinding excesses in investment, hiring or construction. This one is about unwinding excessive belief in low interest rates
- March 30, 2023 03:02 PM IST
India is targeting to cut its emissions to net zero by 2070. In the transition to that, it is targeting 500 gigawatts (GW) of non-fossil electricity capacity, half of the energy from renewables, a reduction of emissions by one billion tonne and an emissions intensity of the GDP by 45 per cent by 2030.
- March 30, 2023 01:15 PM IST
From a policy perspective, we need to move on from strategic storage to even out supplies for the healthy development of the food processing sector. For the fast-growing food processing sector, warehousing helps even out seasonal commodity flows and hence their raw material costs
- March 30, 2023 10:30 AM IST
Financial stability and economic expansion are fundamentally at odds. Finding the middle ground is important. Learning to manage financial collapses might be more productive than trying to prevent them outright
- March 30, 2023 10:04 AM IST
No country offers a starker warning about the perils of betting on raw materials to fund a path out of poverty. Bolivia has had other commodity booms in the past but it remains the poorest country in South America
- March 30, 2023 09:38 AM IST
There are those who are worried that a blanket guarantee will encourage risk taking. But it's becoming clear that any solution to the current crisis needs to include legislation providing comprehensive insurance to all retail banking deposits in the US
- March 29, 2023 10:37 PM IST
The government's top economist said the Centre will have a role to play in key areas such as securing India's energy needs as the world moves to cleaner sources of energy
- March 29, 2023 08:11 PM IST
Once the country scales the production of green hydrogen, this can be used to drastically reduce the cost of transportation in the country while being sustainable, the minister said
- March 29, 2023 05:21 PM IST
The euphoria in financial markets that accompanied Cyril Ramaphosa's election victory in 2018 failed to account for the corruption and theft that have become the nation’s dominant post-apartheid leitmotifs
- March 29, 2023 05:07 PM IST
The effort to repopulate downtown Manhattan has been a big success, but not for everyone
- March 29, 2023 02:21 PM IST
India’s economy is entering a slow lane as multiple economic indicators suggest activity is levelling off after recovering from its pandemic low.
- March 29, 2023 01:57 PM IST
The BCG Cities of Choice report’s findings have some important takeaways for a rapidly urbanising India which is planning to accommodate almost half its population in the next decade or so in towns and cities
- March 29, 2023 11:20 AM IST
The Global Trade Research Initiative (GTRI) also said that the Indian economy will be moderately impacted by weak global demand and recession in large economies.
- March 29, 2023 11:11 AM IST
Foreign investors have bought government bonds worth 152.50 billion rupees ($1.85 billion) on a net basis since November.
- March 29, 2023 11:03 AM IST
The view that what has gone wrong with our economies in the past few decades is mainly loose monetary policy is a cop out
- March 29, 2023 08:24 AM IST
Inflation in Asia's third-largest economy remains above the central bank's upper tolerance limit of 6.00%, reaching 6.52% in January and easing only slightly to 6.44% in February, a key reason for the RBI to hike again.
