LiveGovernment Plans to Address Edible Oil Price Surge Ahead of Festive Season
Different ministries in India are expected to hold consultations soon on ways to provide relief to consumers as the Centre is “concerned with rising edible...
Category : ECONOMY
Cabinet Approved Venture Capital Fund of Rs 1,000 Crore for Space Startups
The cabinet has given approval for a Rs 1,000 crore venture capital (VC) fund to blooster growth of space startups by providing crucial early-stage funding. ...
India’s Business Activity Accelerates in October, PMI Reports
India’s business activity saw a slight uptick in October, driven by stronger demand in the manufacturing sector, with job creation reaching its highest level since...
Reason Why NRIs are Investing Big in the Indian Economy
The Indian diaspora is showing renewed confidence in the Indian economy, with NRI deposit inflows surging to $7.8 billion between April and August this year. ...
Karnataka Reports 10.2% GSDP Growth for 2023-24
In 2023–2024, Karnataka’s gross state product grew by a healthy 10.2%, the state administration announced Monday. In a statement, the government cited data from the...
Direct Tax-GDP Ratio Grows Times Two for FY 2024-25
The Indian economy is gradually recovering, and when analyzing citizens’ contributions to overall output, the direct tax-to-GDP ratio for FY24 reached 2.12, up from 1.18...
Dearness Allowance Hike Expected Ahead of Diwali
Prior to Diwali, the Union Cabinet, presided over by Prime Minister Narendra Modi, is expected to approve a 3% hike in the dearness allowance (DA)....
GST GoM to Meet to Discuss Rates for Food, Textiles, Footwear
The Group of Ministers (GoM) responsible for streamlining the structure of the goods and services tax (GST) will convene on 20 October to discuss ideas...
SEBI Revises Debt Issuance Rules: Key Changes for Companies
Debt investment managers indicate that the Securities and Exchange Board of India’s (SEBI) recent amendment, issued on 18th September, updates the 2021 regulations for companies...
RBI Keeps Repo Rate Unchanged at 6.5%, Changes Stance to Neutral
The Reserve Bank of India’s Monetary Policy Committee (MPC) has decided to keep the repo rate unchanged at 6.5% but has shifted its stance to...