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Page 353 - Economy

Knitting the tax net: Special CBDT unit to spot top 5K cases of unpaid tax

As on April 1 this year, the arrears demand has increased to Rs 43 trillion, from Rs 24 trillion on April 1, 2023

Knitting the tax net: Special CBDT unit to spot top 5K cases of unpaid tax
Updated On : 08 Aug 2024 | 11:40 PM IST

Monetary policy: RBI holds repo rates again, cites food inflation risks

Policy must stay the course with close vigil on inflation trajectory, says governor

Monetary policy: RBI holds repo rates again, cites food inflation risks
Updated On : 08 Aug 2024 | 11:22 PM IST

Household optimism on economic conditions for coming year takes a hit

Sentiments about current employment conditions & own income deteriorate

Household optimism on economic conditions for coming year takes a hit
Updated On : 08 Aug 2024 | 10:59 PM IST

Food inflation can't be ignored, need to remain vigilant: RBI Governor Das

Economic Survey had suggested exploring whether inflation targeting framework of the central bank should exclude food

Food inflation can't be ignored, need to remain vigilant: RBI Governor Das
Updated On : 08 Aug 2024 | 10:55 PM IST

Rs 1.82 trillion GST from mobile phones 5 times what PLI allocated

ICEA, which provided the GST data, projects that GST collections from mobile devices between FY21 and FY26 are expected to reach Rs 3.09 trillion

Rs 1.82 trillion GST from mobile phones 5 times what PLI allocated
Updated On : 08 Aug 2024 | 10:54 PM IST

Monetary policy review: FPI investment limit in OIS market under review

Patra says exclusion of new 14/30-yr G-sec from FAR to boost 5/10-yr bond demand

Monetary policy review: FPI investment limit in OIS market under review
Updated On : 08 Aug 2024 | 10:48 PM IST

RBI status quo on interest rates to boost demand for realty sector: CEOs

The real estate industry experts are expecting the move to continue the growth momentum in the sector

RBI status quo on interest rates to boost demand for realty sector: CEOs
Updated On : 08 Aug 2024 | 6:58 PM IST

RBI's stance provides elbow room to check inflation, aid growth: Experts

Nikhil Gupta, Chief Economist, MOFSL Group said what probably was more important was the Governor's emphasis on headline inflation and the focus on inflation deceleration when growth remains so good

RBI's stance provides elbow room to check inflation, aid growth: Experts
Updated On : 08 Aug 2024 | 5:09 PM IST

Is the US heading towards recession? What RBI Governor Shaktikanta Das said

The RBI MPC on Thursday decided to keep its repo rate unchanged at 6.5 per cent for the ninth consecutive time, RBI Governor Shaktikanta Das announced

Is the US heading towards recession? What RBI Governor Shaktikanta Das said
Updated On : 08 Aug 2024 | 3:41 PM IST

RBI MPC maintains FY25 inflation forecast, food prices remain a challenge

With food inflation contributing over 75 per cent to headline inflation in May and June and making up 46 per cent of the CPI basket, vegetable prices accounted for 35 per cent of June's inflation

RBI MPC maintains FY25 inflation forecast, food prices remain a challenge
Updated On : 08 Aug 2024 | 3:19 PM IST

FPI buying in Indian IT rises to highest since 2022 in July: NSDL data

Prior to this, the IT sector was divided into software, services and hardware technology

FPI buying in Indian IT rises to highest since 2022 in July: NSDL data
Updated On : 08 Aug 2024 | 2:57 PM IST

RBI MPC highlights: Deposit-credit divergence could lead to liquidity management issue, says Das

RBI Monetary Policy Meeting 2024: Catch all the latest highlights on RBI's monetary policy announcements here

RBI MPC highlights: Deposit-credit divergence could lead to liquidity management issue, says Das
Updated On : 08 Aug 2024 | 2:21 PM IST

RBI's monetary policy committee keeps repo rate unchanged at 6.5%

Monetary policy stance retained at 'withdrawal of accommodation' to aid the MPC's focus on bringing inflation towards the target

RBI's monetary policy committee keeps repo rate unchanged at 6.5%
Updated On : 08 Aug 2024 | 11:17 AM IST

India's July inflation 'dipped' below RBI target, high base effect at play

Rising food costs, especially for vegetables, and hikes in telecom tariffs last month were offset by a higher base from July last year

India's July inflation 'dipped' below RBI target, high base effect at play
Updated On : 08 Aug 2024 | 10:27 AM IST

RBI MPC policy: Repo rate in focus; what factors may influence decision?

RBI MPC policy meet: The Reserve Bank of India (RBI) is expected to hold the rate at 6.5 per cent again amid inflationary pressures. However, a cut may be possible going ahead

RBI MPC policy: Repo rate in focus; what factors may influence decision?
Updated On : 08 Aug 2024 | 9:12 AM IST

Assam, Arunachal, Himachal, TN face grave climate risk to rice productivity

The states at yield risk till a few years back accounted for less than 20 per cent of India's annual rice production

Assam, Arunachal, Himachal, TN face grave climate risk to rice productivity
Updated On : 07 Aug 2024 | 11:44 PM IST

We have courage to change: FM Nirmala Sitharaman on LTCG amendment

The original LTCG regime proposed on July 23 Budget, removed the indexation benefit, sparking concerns over real estate transactions

We have courage to change: FM Nirmala Sitharaman on LTCG amendment
Updated On : 07 Aug 2024 | 11:19 PM IST

Govt fast tracks visa approvals for China vendors to step up manufacturing

Move to help firms investing in sectors covered by PLI schemes

Govt fast tracks visa approvals for China vendors to step up manufacturing
Updated On : 07 Aug 2024 | 11:13 PM IST

Piyush Goyal suggests Bimstec group members to relook proposed FTA

Reasons for slow progress can be non-trade barriers or trade barriers coming in way of normal trade, he said adding possible impact of other regional FTAs on Bimstec region could be cause of the delay

Piyush Goyal suggests Bimstec group members to relook proposed FTA
Updated On : 07 Aug 2024 | 11:03 PM IST

Help PSBs create credit assessment model for MSMEs: DFS secy to fintechs

Joshi also emphasized that fintechs need to strike a balance between regulatory requirements and innovation while working to resolve challenges faced by banks

Help PSBs create credit assessment model for MSMEs: DFS secy to fintechs
Updated On : 07 Aug 2024 | 10:51 PM IST