Rs 95,000-Crore Disputed Amount Settled Under Vivad Se Vishwas: PC Mody
Business | Press Trust of India | Tuesday February 2, 2021
The entities who opt for the scheme have to pay a requisite tax following which all litigation against them are closed by the tax department and penal proceedings dropped.
Budget Focuses On Bringing Down Fiscal Deficit To 6.8% By Next Fiscal: Highlights
Business | Edited by Abhishek | Tuesday February 2, 2021
Budget 2021: As part of healthcare spending, Budget 2021 allocated Rs 35,000 crore for Covid-19 vaccine.
Wider Fiscal Deficits Could Pressure Government's Sovereign Ratings: Fitch
Business | Reuters | Tuesday February 2, 2021
Fitch said higher infrastructure and expenditure will support near-term recovery alongside falling coronavirus cases and the vaccine rollout, and possibly reduce longer-term economic scarring
Ahead of Budget 2021, How Government's Spending Plans Have Fared So Far
Business | Vrishti Beniwal, Bloomberg | Monday February 1, 2021
The government has missed its total spending targets in the past two years, or even scaled them down, and has failed to meet goals for some of its flagship development programs, a review of budget documents show.
Economic Survey Likely To Predict 11% Growth For 2021-22: Report
Business | Reuters | Friday January 29, 2021
The survey is set to forecast nominal GDP, which includes inflation, will rise 15.4 per cent, the highest since independence in 1947
India Has Faced The Worst, Unless Another Wave of Covid-19 Strikes, Says RBI
Business | Edited by Nirmalya Sen | Thursday January 21, 2021
The RBI slashed interest rates early last year to cushion the shock from the coronavirus crisis, but has left rates unchanged in recent months, cautious of rising inflation
Budget 2021 Must Fix Broken Labour Market To Boost Demand: Analysts
Business | Anirban Nag, Bloomberg | Monday February 1, 2021
Finance Minister Nirmala Sitharaman has described her upcoming budget as unlike anything seen in the last 100 years.
How To Make India's Financial Sector Future Ready: Industry Body Explains
Business | Edited by Nirmalya Sen | Thursday January 14, 2021
Based on recent Reserve Bank of India (RBI) data on outstanding SRs, industry estimates the net recovery to be at only around 10-12 per cent
Government's Stimulus Unlikely To Revive Economic Growth: Economists
Business | Reuters | Monday February 3, 2020
Investors and consumers were disappointed by the budget as no new incentives were offered for the beleaguered financial sector and housing market.
Non-Resident Indians Allowed To Invest In Government Securities
Business | Indo-Asian News Service | Saturday February 1, 2020
Finance Minister Nirmala Sitharaman announced in the Union Budget on Saturday that NRIs will be allowed to invest in certain categories of GSecs.
Growth, Fiscal Deficit Projections Challenging To Meet: Moody's Analyst
Business | Reuters | Saturday February 1, 2020
Prime Minister Narendra Modi's government said on Saturday it would inject nearly $40 billion into the farm sector and billions more into a federal water scheme .
For Every Rupee In Government Kitty, 64 Paise Come From Taxes
Business | Press Trust of India | Saturday February 1, 2020
Expenditure on central sector schemes will be 13 paise, while the allocation for centrally-sponsored schemes will be 9 paise.
Fiscal Deficit Target Raised To 3.8% From 3.3% For Current Financial Year
Business | Press Trust of India | Saturday February 1, 2020
The government on Saturday raised fiscal deficit target to 3.8 per cent of the GDP from 3.3 per cent pegged earlier for 2019-20 due to revenue shortage.
Nominal GDP Growth For Next Fiscal Estimated At 10%: Nirmala Sitharaman
Business | Press Trust of India | Saturday February 1, 2020
The net market borrowings would be at Rs 4.99 lakh crore in FY 2019-20 and are estimated at Rs 5.36 lakh crore in the next fiscal.
Government Revises GDP Growth For 2018-19 To 6.1% From 6.8%
Business | Edited by Abhishek Vasudev | Friday January 31, 2020
The economic growth has been on a downward spiral for last five quarters in a row. The GDP growth fell to 4.5 per cent in July-September period.
Rs 95,000-Crore Disputed Amount Settled Under Vivad Se Vishwas: PC Mody
Business | Press Trust of India | Tuesday February 2, 2021
The entities who opt for the scheme have to pay a requisite tax following which all litigation against them are closed by the tax department and penal proceedings dropped.
Budget Focuses On Bringing Down Fiscal Deficit To 6.8% By Next Fiscal: Highlights
Business | Edited by Abhishek | Tuesday February 2, 2021
Budget 2021: As part of healthcare spending, Budget 2021 allocated Rs 35,000 crore for Covid-19 vaccine.
Wider Fiscal Deficits Could Pressure Government's Sovereign Ratings: Fitch
Business | Reuters | Tuesday February 2, 2021
Fitch said higher infrastructure and expenditure will support near-term recovery alongside falling coronavirus cases and the vaccine rollout, and possibly reduce longer-term economic scarring
Ahead of Budget 2021, How Government's Spending Plans Have Fared So Far
Business | Vrishti Beniwal, Bloomberg | Monday February 1, 2021
The government has missed its total spending targets in the past two years, or even scaled them down, and has failed to meet goals for some of its flagship development programs, a review of budget documents show.
Economic Survey Likely To Predict 11% Growth For 2021-22: Report
Business | Reuters | Friday January 29, 2021
The survey is set to forecast nominal GDP, which includes inflation, will rise 15.4 per cent, the highest since independence in 1947
India Has Faced The Worst, Unless Another Wave of Covid-19 Strikes, Says RBI
Business | Edited by Nirmalya Sen | Thursday January 21, 2021
The RBI slashed interest rates early last year to cushion the shock from the coronavirus crisis, but has left rates unchanged in recent months, cautious of rising inflation
Budget 2021 Must Fix Broken Labour Market To Boost Demand: Analysts
Business | Anirban Nag, Bloomberg | Monday February 1, 2021
Finance Minister Nirmala Sitharaman has described her upcoming budget as unlike anything seen in the last 100 years.
How To Make India's Financial Sector Future Ready: Industry Body Explains
Business | Edited by Nirmalya Sen | Thursday January 14, 2021
Based on recent Reserve Bank of India (RBI) data on outstanding SRs, industry estimates the net recovery to be at only around 10-12 per cent
Government's Stimulus Unlikely To Revive Economic Growth: Economists
Business | Reuters | Monday February 3, 2020
Investors and consumers were disappointed by the budget as no new incentives were offered for the beleaguered financial sector and housing market.
Non-Resident Indians Allowed To Invest In Government Securities
Business | Indo-Asian News Service | Saturday February 1, 2020
Finance Minister Nirmala Sitharaman announced in the Union Budget on Saturday that NRIs will be allowed to invest in certain categories of GSecs.
Growth, Fiscal Deficit Projections Challenging To Meet: Moody's Analyst
Business | Reuters | Saturday February 1, 2020
Prime Minister Narendra Modi's government said on Saturday it would inject nearly $40 billion into the farm sector and billions more into a federal water scheme .
For Every Rupee In Government Kitty, 64 Paise Come From Taxes
Business | Press Trust of India | Saturday February 1, 2020
Expenditure on central sector schemes will be 13 paise, while the allocation for centrally-sponsored schemes will be 9 paise.
Fiscal Deficit Target Raised To 3.8% From 3.3% For Current Financial Year
Business | Press Trust of India | Saturday February 1, 2020
The government on Saturday raised fiscal deficit target to 3.8 per cent of the GDP from 3.3 per cent pegged earlier for 2019-20 due to revenue shortage.
Nominal GDP Growth For Next Fiscal Estimated At 10%: Nirmala Sitharaman
Business | Press Trust of India | Saturday February 1, 2020
The net market borrowings would be at Rs 4.99 lakh crore in FY 2019-20 and are estimated at Rs 5.36 lakh crore in the next fiscal.
Government Revises GDP Growth For 2018-19 To 6.1% From 6.8%
Business | Edited by Abhishek Vasudev | Friday January 31, 2020
The economic growth has been on a downward spiral for last five quarters in a row. The GDP growth fell to 4.5 per cent in July-September period.
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