Economy
India enroute to becoming the 3rd largest economy by 2030: CEBR
India has been pushed back to the sixth position for being the biggest economy during the COVID-19 pandemic but as…
Economy
Economy
Economy
India’s Foreign Reserves up by $2.563: RBI data
According to the RBI data, India’s foreign exchange reserves rose by $2.563 billion to touch a record high of $581.131…
Economy
India’s economy is on a faster recovery trajectory, says RBI
After the COVID-19 economy shock, India’s economy is recovering faster, says RBI. “Since the assessment presented in the last month’s…
Economy
Business with monthly turnover exceeding Rs 50 lakh to pay atleast 1% GST in cash
Businesses whose monthly turnover exceeds Rs 50 lakh are liable to pay 1% of their GST liability in cash. The…
Banking
RBI keeps repo rate and reverse repo rate unchanged, repo rate fixed at 4.0%
The Monetary Policy Committee of RBI has decided to keep the rates unchanged for the December review. Repo rate remains…
Economy
FICCI recommends Centre to deduct interest on housing loan
FICCI recommended the central government to either remove the limit for deduction of interest on housing loan under Section 24…
Economy
GDP to fall more in the December quarter: Analysts
India’s economy is expected to improve in the quarter ending in September, compared to the record drop in growth in the…
Economy
Indian economy recovering stronger than expected: RBI Chief
Indian economy has shown stronger than expected pickup in recovery, said Reserve Bank of India Governor Shaktikanta Das on Thursday,…
Economy
Three agreements signed by India and Luxembourg during the 1st summit
On Thursday, the first summit in 20 years was held by Prime Minister Narendra Modi and Luxembourg’s Xavier Bettel. During…
Economy
Vivad se Vishwas scheme yields ₹72,480 crore to the government
Under the direct tax dispute resolution scheme ‘vivad se vishwas’ which was launched in march, the government has received ₹72,480…
Economy
USD to take a dip by 20%, with the distribution of COVID-19 vaccine
The dollar is likely to drop of as much as 20% in 2021 should Covid-19 vaccines become widely distributed and…
Economy
Japan exits recession, makes a comeback with 5.0 percent GDP growth
Japan witnessed a 21.4 percent increase in GDP amid COVID-19 situations. In the third quarter, Japan’s economy bounced back with…