Tag: Economy

Economy
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GST collections in November at Rs 1.68 lakh crore, up 15% YoY

GST collections in November at Rs 1.68 lakh crore, up 15%...

This is the ninth consecutive month that the Goods and Services Tax mop-up has surpassed...

Economy
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Union Cabinet may consider constitution of 16th Finance Commission today: Report

Union Cabinet may consider constitution of 16th Finance...

Finance Secretary T V Somanathan had previously claimed that the panel would be...

Economy
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Govt keeping PPF interest rate lower than what formula says due to tax benefit

Govt keeping PPF interest rate lower than what formula...

The interest rate on the Public Provident Fund, one of the most popular small savings...

Economy
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Interview: Shaktikanta Das good at short-term fixes, says ex-finance secy Subhash Garg

Interview: Shaktikanta Das good at short-term fixes, says...

After the release of his new book 'We Also Make Policy', the former finance secretary...

Montery Policy
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RBI Policy | Higher for longer remains relevant not only for the world but also for India, says Indranil Pan

RBI Policy | Higher for longer remains relevant not only...

According to Indranil Pan of YES Bank, the RBI is unlikely to lower the policy rate...

Economy
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India needs 8% growth, more female workers to become developed nation: World Bank economist

India needs 8% growth, more female workers to become developed...

The World Bank's India Country Director, Auguste Kouame, claims that the country...

Economy
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India aiming to monetize $24 billion worth of highways by 2027

India aiming to monetize $24 billion worth of highways...

On Thursday, CareEdge Ratings said the government can monetize 4,000 to 4,500 kilometers...

Economy
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Bank of England pauses interest rate hikes as economy slows

Bank of England pauses interest rate hikes as economy slows

BoE's Monetary Policy Committee voted by a narrow margin of 5-4 to keep Bank Rate...

Economy
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India, Saudi Arabia to explore trade in local currencies

India, Saudi Arabia to explore trade in local currencies

The two nations have also reached an agreement to hasten the process of negotiating...

Economy
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G20 Summit: RBI to launch wholesale CBDC for call market by October

G20 Summit: RBI to launch wholesale CBDC for call market...

The RBI piloted its wholesale central bank digital currency in November. Although...

Economy
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India very ambitious about UPI, wants to internationalise it, sources say

India very ambitious about UPI, wants to internationalise...

In the previous year, Indian authorities have aggressively promoted India's digital...

Economy
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GST collections rise 11% YoY to Rs 1.59 lakh crore in August

GST collections rise 11% YoY to Rs 1.59 lakh crore in August

This is the sixth month in a succession that the monthly GST mop-up has exceeded...

Economy
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India’s April-June GDP growth at 7.8%, highest in four quarters

India’s April-June GDP growth at 7.8%, highest in four...

India's economy grew by 6.1% in the first three months of 2022, and by 13.1% from...

Economy
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India inflation must be visibly on downward path for RBI to slacken: MPC member Jayanth Varma

India inflation must be visibly on downward path for RBI...

Vegetable prices have driven India's food inflation to a three-year high of 11.5%...

Economy
Modi govt owes MGNREGA wages to 18 states, UTs: Congress

Modi govt owes MGNREGA wages to 18 states, UTs: Congress

The Congress also claimed that MGNREGA, a programme championed by Manmohan Singh,...

Economy
Moody's affirms India's Baa3 rating, but warns of political tensions

Moody's affirms India's Baa3 rating, but warns of political...

Although potential growth has dropped in the last 7-10 years, the rating agency...