Page 19 - Arup Roychoudhury

We see inflation averaging 5.4% in FY23: Crisil Chief Economist D K Joshi

In a Q&A, he says the Ukraine war-led spike in commodity prices will impact household inflation, and that the capex thrust by the Centre and states may take a slight hit

Union Cabinet approves creation of a new company for land monetisation

The special purpose vehicle (SPV), called the National Land Monetisation Corporation (NLMC), will be set up as a wholly state-owned company with an initial authorised share capital of Rs 5,000 crore

Need to identify sectors where India can lead, says PM Narendra Modi

As war rages on between two of the world's largest wheat producers - Russia and Ukraine - analysts say that India's wheat exports could touch a new record of 10 million tonnes in 2022-23

Industry has a role to play in reducing tax disputes, says FinMin

Two prominent policymakers - finance secretary TV Somanathan and revenue secretary Tarun Bajaj - said on Monday that the larger industry had a big role to play in reducing tax disputes

PM Narendra Modi to chair webinars on infrastructure, divestment

The objectives of these meetings will be to brainstorm with experts from the public and private sectors, academia and industry

PM Narendra Modi to chair webinars on infrastructure, divestment

The objectives of these meetings will be to brainstorm with experts from the public and private sectors, academia and industry

Pace of govt capital expenditure not robust enough, feel policymakers

The years FY21, FY22 and targets for FY23 have seen substantial jump in the Centre's capex outlay.

GST collections up 18%, cross Rs 1.3 trn in Feb despite Omicron curbs

Analysts are confident that GST collection for the current financial year will cross the Budget targets

Centre's April-January fiscal deficit touches 58.9% of full-year target

Revenue expenditure was Rs 23.68 trillion, or 74.7% of RE compared with 71.6%

Household consumption up; below pre-Covid level: FY22 GDP estimates

The NSO also released the GDP data for October-December (Q3) of FY22

Ukraine crisis: Commodity prices to impact FY23 fertiliser subsidy targets

The Reserve Bank of India projects the retail inflation rate to average 4.5 per cent in FY23

Threat to global peace a challenge for economic revival: FM Sitharaman

The FM said that focus is on expanding physical as well as digital infrastructure so that jobs and opportunities can be created for India's youth

Stranded citizens, economic impact: India weighs its options on Ukraine

Finance Minister Nirmala Sitharaman said on the sidelines of an event that she is meeting the Prime Minister on Thursday evening.

GST mop-up signals economic recovery despite worry over Omicron

Collections grow 13% in December quarter to Rs 1.3 trillion - the best since July 2017

IT raids on 2 cellphone firms find Rs 1,400-crore understating of profit

Evidence has emerged that the two companies could be under-stating taxable profit by more than Rs 1,400 crore.

Cryptocurrency exchange WazirX under lens for evading Rs 40 crore in taxes

According to the CBIC, the matter relates to WazirX launching its own currency, but not paying GST on it.

We may go terribly right or wrong, says 15th FC chairman N K Singh

Singh told Arup Roychoudhury and Indivjal Dhasmana that the Commission could recommend spending 2.5 per cent of GDP on health in the light of the Covid-19

Centre, states may welcome N K Singh's plan for fiscal deficit range

The 15th Finance Commission Chairman had pushed for a range instead of a fixed number, saying it is more realistic and will lead to less accounting engineering

LIC IPO unlikely this fiscal year due to delay in valuation process

A lot of work to be done before insurer is ready for market debut, admit LIC and govt officials

Covid-19 impact: Moody's, CARE Ratings cut India's FY21 GDP estimates

The global rating agency had earlier predicted GDP to contract 4 per cent. On Friday, it predicated 11.5 per cent contraction