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Economy
Five Trillion Economy: A Million Dollar Question
New Delhi: Prime Minister Narendra Modi wants India to be a Five Trillion Dollar economy by the year 2024. The year assumes significance because the same year he will seek reelection. Again he will get a chance to blow the economic trumpet…
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RBI Cuts Repo Rate by 35 Basis Points to 5.40%
Mumbai: The Reserve Bank of India (RBI) has slashed repo rate by 35 basis points to 5.40 per cent.
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VG Sidhharth’s Suicide Exposes Grim Debt Crisis & Gloomy Economic Affairs in India
New Delhi: The recent suicide of business tycoon VG Siddharta has once again brought the India’s grim debt crisis and perhaps gloomy Indian economy to fore once again.
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Worldwide Smartphone Sales to Decline 2.5% in 2019: Report
New Delhi: Worldwide sales of smartphones to end users will total 1.5 billion units in 2019, a 2.5% decline year over year, according to Gartner, Inc.
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GST Rate on All Electric Vehicles Reduced from 12% to 5%
New Delhi: The Goods and Services Tax (GST) Council on Saturday decided to reduce tax rates on electric vehicles and chargers from August 1.
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ADB Lowers India’s GDP Growth Forecast to 7% for FY20
The Asian Development Bank (ADB) on Thursday cut India's GDP growth forecast to 7 per cent for the current year due to the fiscal shortfall concerns
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IRDAI Changes Norms for Life Insurance Products, Reduces Minimum Death Benefit in Non-linked…
New Delhi: The Insurance Regulatory and Development Authority of India (IRDAI) has made certain changes in some of the key norms relating to life insurance products.
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Indian Automobile Sector Witnesses Sluggish Sales
New Delhi: The auto sector in India has witnessed a sluggish rate of sales in the last two quarters, informed Minister of Heavy Industries & Public Enterprises, Arvind Ganpat Sawant, in a written reply in the Lok Sabha today.
During…
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Odisha CM’s Reaction on Union Budget 2019-20
Bhubaneswar: Odisha Chief Minister Naveen Patnaik today reacting on the Union Budget 2019-20 presented by Finance Minister Nirmala Sitharaman said that the decreased allocation for MGNREGA, core schemes for SC, ST and other vulnerable…
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Union Budget 2019: Super Rich to be Taxed More, Govt Gives No Relief to Middle Class
New Delhi: Dashing expectations, Finance Minister Nirmala Sitharaman in her maiden budget on Friday offered little relief for taxpayers with annual incomes up to Rs 5 lakh. She, however, proposed an income tax exemption of Rs 1.5 lakh on…
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