RBI in sync with government on growth focus, says Sitharaman
Nirmala Sitharaman was speaking to mediapersons after addressing the RBI’s central board in New Delhi. Economy news, Latest Economic News, GDP, World Economy, Indian Economy | The Hindu
Month: February 2025
Hope to introduce new income tax bill in Lok Sabha next week: Nirmala Sitharaman
After introduction in the Upper House, the bill will be sent to a parliamentary standing committee for scrutiny Economy news, Latest Economic News, GDP, World Economy, Indian Economy | The … Read More
Cabinet clears new income tax bill
The new bill seeks to make direct tax law simple to understand and not to impose any new tax burden. It will not have provisos and explanations or long sentences. … Read More
India’s forex reserves rise $1.05 bln to $630.607 bln
In the previous reporting week, the overall reserves had increased by $5.574 billion to $629.557 billion. Economy news, Latest Economic News, GDP, World Economy, Indian Economy | The Hindu
RBI’s rate cut sets stage for further easing of interest rates in near term: India Inc
The last revision of rates happened in February 2023 when the policy rate was hiked by 25 basis points to 6.5% Economy news, Latest Economic News, GDP, World Economy, Indian … Read More
RBI Monetary Policy 2025 key highlights: Repo rate cut to 6.35%, GDP likely to be 6.4%
Will strive to strike a right balance between efficiency and regulation, says RBI Governor Sanjay Malhotra Economy news, Latest Economic News, GDP, World Economy, Indian Economy | The Hindu
Odisha joins States’ pitch for 50% share of divisible tax pool
Odisha put forward a demand for ₹12,59,148 crore from the 16th Finance Commission for the five-year period from 2026-31. Economy news, Latest Economic News, GDP, World Economy, Indian Economy | … Read More
A Budget that is mostly good but with one wrong move
Some of the measures indicated in the Budget could have been implemented even earlier; moving away from ‘fiscal deficit’ as an indicator is an incorrect step Economy news, Latest Economic … Read More
Gold demand in India sees 5% rise at 802.8 tonnes in 2024, 2025 projection at 700-800 tonnes: WGC
The total gold demand value went up by 31% at ₹5,15,390 crore in 2024, compared to ₹3,92,000 crores in 2023 Economy news, Latest Economic News, GDP, World Economy, Indian Economy … Read More
India’s services sector growth sees slowest pace of growth in over two years in January: PMI
The survey noted that ongoing improvements in new business intakes and rising capacity pressures prompted service providers to recruit additional staff at the start of the last fiscal quarter. Economy … Read More