Page 247 - Economy
Prudent fiscal management likely to soften G-sec yields: DEA secretary Seth
The government has reduced its borrowings estimate for next financial year to Rs 11.54 trillion on net basis as it expects an improvement in tax collection
 "Prudent fiscal management likely to soften G-sec yields: DEA secretary Seth")
PM Gati Shakti, logistics policy to push India's World Bank ranking: Report
The Indian freight and logistics market is projected to grow at an annual rate of 8.8 per cent to reach USD 484.43 billion by 2029, up from USD 317.26 billion in 2024
 "PM Gati Shakti, logistics policy to push India's World Bank ranking: Report")
Govt's cash deficit eases after RBI takes aggressive liquidity measures
The cash injection has also led to a decline in the weighted average call rate, which represents banks' overnight borrowing costs
 "Govt's cash deficit eases after RBI takes aggressive liquidity measures")
Services sector growth slows to more than 2-yr low of 56.5 in Jan: PMI data
Demand for services rose at the slowest pace in 14 months but remained sturdy
 "Services sector growth slows to more than 2-yr low of 56.5 in Jan: PMI data")
All eyes on RBI Governor Sanjay Malhotra as MPC meeting begins on Wednesday
Malhotra took charge as the 26th RBI governor in December last year
 "All eyes on RBI Governor Sanjay Malhotra as MPC meeting begins on Wednesday")
Gati Shakti masterplan: Detailed norms soon on data access to pvt sector
DPIIT will soon spell out the data sharing norms of the GatiShakti national masterplan with the private sector
 "Gati Shakti masterplan: Detailed norms soon on data access to pvt sector")
Budget 2025: Exchequer takes bigger hit from tax giveaways to individuals
Fiscal expert and former director at the NIPFP Govinda Rao attributes higher revenue forgone for individuals to the concessions available under the old tax regime
 "Budget 2025: Exchequer takes bigger hit from tax giveaways to individuals")
US-China trade war may open new opportunities for Indian exporters
China on Tuesday announced retaliation and said the country plans to impose higher tariffs on US imports
 "US-China trade war may open new opportunities for Indian exporters")
Changing ties: USAID funding to India on the decline since pandemic
Experts feel that funding freeze may not move the needle much; but some projects will be in limbo
 "Changing ties: USAID funding to India on the decline since pandemic")
Lending a helping hand: New support schemes for small exporters on cards
Scheme in works to help MSMEs access credit without collateral; aims to support 100,000 exporters
 "Lending a helping hand: New support schemes for small exporters on cards")
Govt says 339 foreign companies registered in India in last 5 years
The government on Tuesday said 339 foreign companies have been registered in the country in the last five years and the registration of such firms has been on the decline since 2020.
 "Govt says 339 foreign companies registered in India in last 5 years")
Chatroom: Surrender of erroneous drawback payment also attracts interest
TNC Rajagopalan answers SME queries related to GST, export and import matters
 "Chatroom: Surrender of erroneous drawback payment also attracts interest")
Govt fine-tunes internship scheme to enhance youth training with India Inc
The MCA will seek Cabinet approval for the full-fledged rollout of the scheme after incorporating lessons from the pilot phase
 "Govt fine-tunes internship scheme to enhance youth training with India Inc")
Domestic demand to boost growth post income tax cuts in Budget 2025: S&P
S&P said India's union Budget is in line with its expectation of gradual fiscal consolidation and that undergirds the positive outlook on India's sovereign ratings 'BBB-'
 "Domestic demand to boost growth post income tax cuts in Budget 2025: S&P")
100% FDI in insurance sector to woo more foreign players: Moody's
Presenting Budget 2025-26, Finance Minister Nirmala Sitharaman proposed to raise the foreign investment limit to 100 per cent from 74 per cent in the insurance sector
 "100% FDI in insurance sector to woo more foreign players: Moody's")
GST Council to soon take decision on rates, number of slabs: FM Sitharaman
The GST Council will soon take a decision on having fewer and lower rates as the review work is almost complete, Finance Minister Nirmala Sitharaman said on Tuesday.
 "GST Council to soon take decision on rates, number of slabs: FM Sitharaman")
Rupee ends at 87.067 against dollar, US-China trade tensions in focus
The rupee ended at 87.0675 against the US dollar, against a record closing low of 87.1850 in the previous session, when it also fell to an all-time low of 87.28
 "Rupee ends at 87.067 against dollar, US-China trade tensions in focus")
Budget 2025: Internship scheme gets massive fund infusion, to see changes
Based on inputs from the pilot project, government is likely to introduce some tweaks to the programme to make it more viable for applicants and industry, besides raising awareness about the scheme
 "Budget 2025: Internship scheme gets massive fund infusion, to see changes")
India to assess benefits of OECD's global tax deal after US quits: Fin secy
Pandey, in a post-Budget interaction of Assocham, said the tax deal is a multilateral approach where the US is much integrally needed
 "India to assess benefits of OECD's global tax deal after US quits: Fin secy")
US-China trade war to benefit Indian exporters in increasing shipments
They said the country was the fourth-largest gainer when the US imposed higher duties on Chinese goods during US President Donald Trump's first tenure
 "US-China trade war to benefit Indian exporters in increasing shipments")