New Delhi, Sep 14 Finance Minister Nirmala Sitharaman is scheduled to announce further relief measures for the economy on Saturday to reverse the current economic slowdown. Though the agenda of her conference is not detailed, sources said that the focus
New Delhi, Aug 30 In a major reform measure, the Central government on Friday announced the merger of 10 public sector banks (PSBs) into four entities, which includes the amalgamation of Oriental Bank of Commerce and United Bank of India
New Delhi, Aug 26 With Finance Minister Nirmala Sitharaman having announced measures to boost demand and improve liquidity, the Confederation of Indian Industry (CII) said on Sunday that economic growth would climb in the coming months. In a statement, the
New Delhi, Aug 19 Finance Minister Nirmala Sitharaman will be in Varanasi on Tuesday to understand the problems faced by the local industry as well as the taxpayers. She is currently on a multi-city tour to take stock of the
The Union Minister for Finance and Corporate Affairs, Smt. Nirmala Sitharaman tabled the Economic Survey 2018-19 in the Parliament today. The Key Highlights of Economic Survey 2018-19 are as follows: Shifting gears: Private Investment as the Key Driver of Growth,
In the context of the Union Budget, we need to analyse what big-ticket items have been missed since the introduction of GST. Potential micro-level changes needed to improve the efficacies of the historic tax initiative also need to be examined.
New Delhi, July 4 To promote electric vehicles (EVs) in India, the country’s Economic Survey 2018-19 has recommended the government to frame appropriate policy measures to lower their overall lifetime ownership cost. According to the survey, EVs hold enormous potential
New Delhi, July 4 The Economic Survey of India for the year 2018-19 tabled in Parliament on Thursday has suggested deregulation of labour laws to create more jobs in the country. The survey report was tabled in Parliament ahead of
Economic Survey States “India’s Economy has Performed Well During Last 5 Years” Underlying Theme of Survey is for “Shifting of Gears” to Enter into a Virtuous Cycle for a Sustained Economic Growth Virtuous Cycle is to be of Savings, Investment
New Delhi, July 4 Even as headwinds continue to hurt various sectors especially manufacturing, the Economic Survey has projected India would grow at 7 per cent in 2019-20 and maintain its fastest growing large economy tag in the world. The
New Delhi, July 4 The Indian industry and infrastructure sector’s real challenge is to bring in adequate private investment in collaboration with the public sector, said the Economic Survey 2018-19. “The real challenge lies in bringing adequate private investment across
Globally India stands 4th in wind power, 5th in solar power and 5th in overall renewable power installed capacity The share of renewables in total electricity generation increased from 6 per cent in 2014-15 to 10 per cent in 2018-19
The Union Minister for Finance and Corporate Affairs, Smt. Nirmala Sitharaman tabled the Economic Survey 2018-19 in Parliament today. The services sector accounts for 54 per cent of India’s Gross Value Added (GVA). Its growth rate moderated to 7.5 per
The Economic Survey 2018-19 highlights the importance of investing in social infrastructure, especially education and health, as a key priority in the development strategy to achieve inclusive growth. “It is recognized that ending poverty and other deprivations must go hand
The Economic Survey 2018-19 states that the monetary policy witnessed a U-turn over the last year. The benchmark policy rate was first hiked by 50 basis points (bps) and later reduced by 75 bps due to weaker than anticipated inflation,
The Union Minister for Finance and Corporate Affairs, Smt. Nirmala Sitharaman tabled the Economic Survey 2018-19 in Parliament today. The Economic Survey has outlined the progress made in the Swachh Bharat Mission (SBM) that was initiated in 2014 to achieve
The Union Minister for Finance and Corporate Affairs, Smt. Nirmala Sitharaman tabled the Economic Survey 2018-19 in Parliament today. On India’s External Sector, the Economic Survey states that it continues to be stable. Although the Current Account Deficit (CAD) increased
The Union Minister for Finance and Corporate Affairs, Smt. Nirmala Sitharaman tabled the Economic Survey 2018-19 in Parliament today. The Economic Survey says, “India, with a per-capita energy consumption of about one-third of the global average, will have to increase
Chennai, June 30 Finance Minister Nirmala Sitharaman in her maiden budget speech on July 5 should give a short and stern message to the heads of three government-owned general insurers to focus on bottomline growth and outline the roadmap for
New Delhi, June 26 The Pension Fund Regulatory and Development Authority (PFRDA) has submitted a proposal to increase the limit of pension and age which the government is looking into. The proposal, under the Atal Pension Yojana (APY), is being
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