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Karnataka registered 10.2% GSDP growth in 2023-24

Karnataka's GSDP soared to 10.2% in 2023-24, outpacing the national average of 8.2%, despite a seve…

PTI   


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Fund allocations to key sectors and schemes hiked in budget

The revenue to the government is generated from multiple sectors. Income tax contributes 19 per cen…

ANI   


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Fundamental drivers of economy gaining momentum, India on sustainable growth path: RBI Governor Das

In the inaugural address at FIBAC 2024, the governor said that massive changes are taking shape in …

PTI   


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Indian economy likely to grow over 7% in 2024-25: Economic think tank NCAER

"Projected acceleration in both global growth and trade volumes, as well as a forecast of an abo…

PTI   


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5 mins read

Lok Sabha passes Finance Bill, provision on LTCG tax on property transactions amended

The Finance Bill 2024 was passed by Lok Sabha on Wednesday evening with a few amendments moved by t…

ANI   


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Union Finance Minister Sitharaman chairs pre-budget meeting with finance ministers of states, UTs; GST Council to meet later today

Union finance minister Nirmala Sitharaman will be presiding over the meeting. The state ministers, …

ANI   


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GST revenue collection for April 2024 highest ever at Rs 2.1 lakh crore

The Gross Goods and Services Tax (GST) collections surged to a record high of Rs 2.10 lakh crore in…

ANI   


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Union budget 2024-25 : When will it be presented, what to expect and more

Finance minister Nirmala Sitharaman is expected to present the first full-fledged union budget unde…

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Markets trade firm in early trade as GST revenues hit record in April

From the Sensex basket, Power Grid, Mahindra & Mahindra, Asian Paints, Tata Steel, Sun Phar…

PTI   


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Parliamentary panel recommends reduction in GST on insurance products

There is a need to reduce the GST rate on insurance products, especially health and term insurance,…

ANI   


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India’s top 10 transformation moves in the last decade according to Morgan Stanley

India has been on the development road since the economy opened up in 1991. However, the last 10 ye…

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3 mins read

India's e-commerce market set to skyrocket as the country's digital economy surges to USD 1 Trillion by 2030

India's e-commerce market is projected to cross USD 300 billion by 2030, driven by a growing digita…

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3 mins read

Resilient India to outperform most global economies in FY24, says Client Associates

India today is a compelling destination for both foreign direct and portfolio investors. For the fi…

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3 mins read

Retail vehicle sales decline 4% in April, says FADA as it remains cautious about May

Entry-level passenger vehicle segment has fewer buyers, suggesting that customers at the bottom of …

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2 mins read

RBI may hike benchmark lending rates by 25 bps in April: DBS

The Reserve Bank is likely to hike benchmark lending rates by 25 basis points in its bi-monthly pol…

PTI   


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REIT-like structures, loans against GST filings can help solve MSME fundraising problems: Assocham

The micro, small and medium enterprises (MSME) sector has played a meaningful role in India’s growt…

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4 mins read

India set to be a $7 trillion economy by 2030, powered by triple engines of rapid financialisation, clean energy transition and digital revolution

India is on track to becoming a $7 trillion economy by 2030 powered by the triple engines of rapid …

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5 mins read

GST had its hits and misses but made ₹1.3 lakh crore monthly tax, the new normal

Under GST, a four-rate structure that exempts or imposes a low rate of tax of 5 per cent on essenti…

PTI   


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4 mins read

Nirmala Sitharaman says India's fundamentals are perfect; no recession, stagflation risk

India does not face any risk of either recession or stagflation as its macroeconomic fundamentals a…

PTI   


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Waive GST on helmets, road safety body urges FM ahead of the Union Budget

Road safety body International Road Federation (IRF) wrote a letter to Union Finance Minister Nirma…