If successful, FPO is expected to not only increase company’s competitiveness & slow its ongoing loss of market share, but also to significantly reduce risk of a duopoly in the industry.
While boosting capex & rural spending, govt has set fiscal deficit target of 5.1% of GDP, which means Centre will have to borrow less to finance deficit, allowing pvt sector to borrow more.
Health ministry allocated Rs 90,657 crore for FY 2024-25, 1.6 percent higher than the full Budget presented last year and 12.5 percent higher than the revised estimates for 2023-24.
Data released by Central Board of Direct Taxes shows India’s direct tax collections have been rising strongly over the past decade, as has number of those filing returns and actually paying tax.
Minutes of Chintan Shivir held in August reveal concerns over high net-worth individuals taking wealth out of India, need to reform tax system and avoid ‘knee-jerk’ policy formulation.
The report flagged that global uncertainties have been compounded by recent developments in the Persian Gulf and depending on how the situation develops, crude oil prices may push higher.
The comment comes as oil prices rose to 10-month highs earlier this week before easing, on extended production cuts from key suppliers Saudi Arabia and Russia.
Two articles, one by visiting Princeton prof & another by ex-CEA, question India’s GDP calculation. 'Critics latch on to anything that doesn't paint economy in good light,' says govt.
In G20 policy recommendations, World Bank says Digital Public Infrastructure can accelerate countries' digital transformation, but they must be designed according to global standards.
The issue of inequality has assumed the blazing limelight at a time when inequality in India is said to be higher than it was in the British Raj. It's a ripe situation for half-truths and incendiary statements.
Speaking at launch of economist Surjit Bhalla’s book, S Jaishankar also highlights Gen Z’s engagement with ‘reel culture’, which has 'promoted awareness, created interest in many subjects'.
Germany’s erstwhile Christian Democratic Union govt, led by Angela Merkel, prevented sale of small arms to police forces in states they perceived had ‘bad human rights record’.
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