Page 388 - Economy

Shivraj plans to hold meet with states to review Lakhpati Didi scheme

Additionally, Chouhan will focus on connecting all rural habitations with all-weather roads, a goal that has seen significant progress under the Pradhan Mantri Gram Sadak Yojana (PMGSY)

NITI Aayog proposes tax exemption to boost state universities R&D

Concerns include lack of an incentive system for faculties to pursue research, the dominance of R&D from central universities rather than private and state institutions, and funding constraints

Consumer mkt presents long-term structural opportunity: N Chandrasekaran

TCPL chairman says India continues to be a strong growth market

India to remain fastest growing Asia-Pacific economy, predicts Moody's

Moody's said stronger portfolio inflows are likely in India and ASEAN economies, because of robust corporate credit metrics and appealing valuations

Modi 3.0 govt should push land, labour, agri reforms to boost growth: CII

CII President Sanjiv Puri said a lot of policy interventions in the past have put the economy on 'a much stronger wicket'.

'Need to moderate rate, widen tax base for Viksit Bharat goal by 2047'

Experts underscored the need on transition from rates to revenue focused on lowering tax rates, enlarging the tax-paying base and thereby creating the means for financing of India's investment

GST Council to meet on Jun 22, may take up review of online gaming taxation

"The 53rd meeting of the GST Council will be held on 22nd June, 2024 at New Delhi," the GST Council Secretariat said in a post on X

Reforms in customs duties, GST, commerce to push India's growth: GTRI

Economic think tank Global Trade Research Initiative (GTRI) also said that India is standing on the cusp of a transformative era and there is an urgent need for comprehensive economic reforms

Panel on rejigging GST rates due for another revamp, to meet before Budget

Council likely to meet by end of this month or first week of July

On table: Eye on prices of 16 more food items to protect 'garib ki thali'

Interim Budget-FY25 proposed to spend over Rs 43 crore for strengthening price monitoring cells at Centre and states

Outward FDI remain almost flat at $2.0 billion in May, shows RBI data

Outbound FDI, expressed as a financial commitment, comprises three components: equity, loans, and guarantees

Retail inflation eases to a 12 month low in May, IIP slows in April

IIP growth moderated during April as manufacturing growth decelerated to 3.9 per cent from 5.76 per cent in March

NDA govt likely to present full FY25 Budget in second half of July

The finance ministry is likely to begin the consultation process for the Budget with various ministries and stakeholders next week

GST rate rejig panel due for another revamp ahead of full Budget

Council may meet before Budget presentation in the middle of next month

India looks at Russia to secure rare mineral mining tech, partnership

Collaboration part of broader strategy to attract investment, foster cooperation in mineral exploration

'Ease of living': Back in office, Nirmala Sitharaman lists priorities

Says reforms undertaken since 2014 will continue

Govt needs to adopt granular approach to support biz: PwC Chairman Krishan

"Prioritising job creation and productivity improvement is crucial for the new government to ensure inclusive growth," he said

Industrial output grows 5% in April on good show by mining, power sectors

Factory output growth, measured in terms of the Index of Industrial Production (IIP), was 5.4 per cent in March and 5.6 per cent in February 2024

IBBI proposes compliance procedures for IPs, seeks stakeholder feedback

These changes will reduce the amount of information and data that insolvency professionals (IPs) need to submit, thereby enhancing efficiency and reducing redundancy

Retail inflation eases marginally to 1-year low of 4.75% in May: Govt data

The Consumer Price Index (CPI) based retail inflation was 4.83 per cent in April 2024 and 4.31 per cent in May 2023 (previous low).