LiveE-Way Bills Clock 64.1 Million in July
Over 64.1 million e-way bills were generated in July, indicating a speedy comeback in business activity. According to data from the goods and services tax...
Category : ECONOMY
Not Waiving Farmer Loan, Says Government
The centre on Monday said that there is no offer mentioned to waive loans of farmers, including Scheduled Caste and Scheduled Tribe farmers. In a...
India’s July Unemployment Rate Falls to 6.95%
India’s unemployment rate dropped to 6.95 per cent in July. In March, India’s unemployment rate was 6.5 per cent and increased to 7.97 per cent...
IMF Slashes India’s FY22 Growth Outlook to 9.5%
The International Monetary Fund (IMF) has slashed the economic growth of India and projection for FY22 to 9.5 per cent from 12.5 per cent estimated...
FMCG Revenue Growth to See Revenue to 10-12%
The fast-moving consumer goods (FMCG) sector is supposed to see revenue to 10-12 per cent in the current fiscal due to price increase in products....
Centre Cuts Import Duty on Masur Dal to Zero
The government on Monday decreased the import duty on Masur dal to zero and divided the Agriculture Infrastructure Development Cess on the lentil to 10...
India Inc See Increase in Overseas Borrowing
India Inc will see an increase in overseas borrowings, which will possibly create a new record, as multiple companies will raise funds for the first...
Road Ministry Constructed 13,327 Km of National Highways in FY21
The Road Transport and Highways Ministry constructed 13,327 km of National Highways in 2020-21, Parliament was told on Thursday. In a written reply to the...
Securitised Pool Collection Ratios Falls During Covid-19, Says Crisil
Collection ratios in securitised pools have fallen during the 2nd wave of the Covid-19 pandemic, according to rating agency Crisil. This is because of lockdown,...
ADB Lowers India’s Economic Growth Forecast to 10%
The Asian Development Bank (ADB) has downgraded India’s economic growth forecast for the current financial year to 10 per cent from 11 per cent projected...