India scraps export tax on parboiled rice to boost exports
Bigger rice shipments from India would beef up overall global supplies and soften international prices Economy news, Latest Economic News, GDP, World Economy, Indian Economy | The Hindu
Month: October 2024
IMF maintains India’s growth projection at 7% for FY25
The growth rate projection is 6.5% in the next fiscal year (FY2025-26) Economy news, Latest Economic News, GDP, World Economy, Indian Economy | The Hindu
India well positioned to capitalise on new growth opportunities: Nirmala Sitharaman
Nirmala Sitharaman said that India is looking towards boosting domestic capacities, and building resilience against external shocks Economy news, Latest Economic News, GDP, World Economy, Indian Economy | The Hindu
Market capitalisation of four of top-10 valued firms jumps ₹81,151 crore; ICICI, HDFC Bank biggest gainers
Reliance Industries continued to remain the most-valued domestic firm, followed by TCS, HDFC Bank, Bharti Airtel Economy news, Latest Economic News, GDP, World Economy, Indian Economy | The Hindu
GoM decides to cut GST on 20-litre water bottles, bicycles to 5 pc; raise rate on shoes, watches
GST rate rationalisation GoM lowers tax on water, bicycles, notebooks to 5%, proposes hike on watches, shoes; Revenue gain expected Economy news, Latest Economic News, GDP, World Economy, Indian Economy … Read More
RBI maintains tight vigil on financial market and takes action when necessary, says RBI Governor Shaktikanta Das
The RBI Governor said that the central bank does not act like a policeman. Economy news, Latest Economic News, GDP, World Economy, Indian Economy | The Hindu
China’s economy grew 4.6% in July-September quarter, falling short of 5% target
The latest data show the world’s second largest economy slowing from 4.7% annual growth in the previous quarter and falling short of the official target of “about 5%” growth for … Read More
‘India’s growth rate among the shiniest parts of the world economy’: Ajay Banga
A lot of that growth is in India, is driven by the domestic market as well, which actually is a healthy sign, in some ways, says World Bank president Ajay … Read More
Insurance benefits to stay for EPFO subscribers
The minimum and maximum benefits under the Employees’ Deposit Linked Insurance Scheme were enhanced from ₹1.5 lakh and ₹6 lakh to ₹2.5 lakh and ₹7 lakh respectively in 2021 and … Read More
Benefits under EDLI Scheme to continue for PF subscribers
The Employees’ Deposit Linked Insurance Scheme, launched in 1976, was to provide insurance benefits to members of EPFO and to ensure that families of members get financial assistance in case … Read More