<!–[if IE 9]><![endif]–><!–[if IE 9]><![endif]–> For representative purposes. | Photo Credit: Getty Images The story so far: Finance Minister Nirmala Sitharaman’s announcement in the Union
<!–[if IE 9]><![endif]–><!–[if IE 9]><![endif]–> Gross revenue from domestic transactions grew 8.9% in July, easing from 9.4% recorded in June, but growth in taxes collected
<!–[if IE 9]><![endif]–><!–[if IE 9]><![endif]–> Photo used for representation purpose only. | Photo Credit: Getty Images/iStock A new record of over 7.28 crore income tax
The Monetary Policy Committee (MPC), which will be meeting from August 6-8, would likely keep policy rates unchanged on account of elevated food inflation, economists
<!–[if IE 9]><![endif]–><!–[if IE 9]><![endif]–> Nearly 58.6 lakh returns were filed by first-time filers, a fair indication of widening of tax base, the Income Tax
<!–[if IE 9]><![endif]–><!–[if IE 9]><![endif]–> The average cost of a vegetarian meal increased 11% from June to July to touch ₹32.6, as per Crisil’s estimates,
<!–[if IE 9]><![endif]–><!–[if IE 9]><![endif]–> Finance Minister Nirmala Sitharaman in the Lok Sabha on August 6, 2024. | Photo Credit: PTI Facing a backlash over
<!–[if IE 9]><![endif]–><!–[if IE 9]><![endif]–> Reserve Bank of India Governor Shaktikanta Das during a press conference on monetary policy statement at the RBI headquarters in
<!–[if IE 9]><![endif]–><!–[if IE 9]><![endif]–> For representative purposes. | Photo Credit: Getty Images Global financial markets may be exhibiting recovery following the dramatic falls in
<!–[if IE 9]><![endif]–><!–[if IE 9]><![endif]–> Finance Minister Nirmala Sitharaman speaks in the Rajya Sabha on August 8, 2024. Photo: Sansad TV via PTI The Union
<!–[if IE 9]><![endif]–><!–[if IE 9]><![endif]–> Representational image. The Bombay Stock Exchange (BSE). | Photo Credit: Reuters Equity benchmark indices Sensex and Nifty bounced back sharply
Nobel Prize-winning economist Joseph Stiglitz argues in his new book The Road to Freedom: Economics and the Good Society that unregulated ‘free’ markets actually reduce
<!–[if IE 9]><![endif]–><!–[if IE 9]><![endif]–> Salehuddin Ahmed. File | Photo Credit: Photo credit: https://www.bracu.ac.bd “The immediate task of Bangladesh’s interim government is to bring the
Despite three years of improved security following the end of the Taliban’s insurgency, Afghanistan’s economy remains stagnant and its population is in the grips of
<!–[if IE 9]><![endif]–><!–[if IE 9]><![endif]–> Inflation in consumer prices eased to a nearly five-year low of 3.54% in July, with food price rise moderating to
<!–[if IE 9]><![endif]–><!–[if IE 9]><![endif]–> Image used for representative purpose only. India’s net direct tax collections’ growth accelerated to 22.5% by August 11, from a
The story so far: New York-based Hindenburg Research has released a new set of documents to substantiate its accusation that the ongoing investigation into insider
Mass scale job losses, pay reduction and uncertainty about work have taken the sheen away from Surat’s famed diamond industry, which employs around seven lakh
<!–[if IE 9]><![endif]–><!–[if IE 9]><![endif]–> Representational image of shoppers in Christchurch walking into a shopping mall | Photo Credit: AP People are leaving New Zealand
While digital innovations can ease the cross-border supply of financial services, they can also increase the likelihood of deposit insurers being exposed to member banks
A customer holds hundred rupees Indian currency notes near a roadside currency exchange stall. | Photo Credit: Reuters The Indian rupee witnessed range-bound trading and
Raj P., Roulet T.J. and Bapuji H., ‘It’s not who you know, but who you are: Explaining income gaps of stigmatized-caste business owners in India’,
India’s wholesale prices dropped to 2.04% in July. | Photo Credit: SUSHIL KUMAR VERMA Inflation in India’s wholesale prices dropped from a 16-month high of
Venezuelan nationals protest against the results of their country’s presidential election, in Quito, Ecuador, Saturday, Aug. 3, 2024 | Photo Credit: AP On July 28,
Union Finance Minister Nirmala Sitharaman with Deputy Managing Director of the International Monetary Fund Gita Gopinath, during a meeting, in New Delhi. | Photo Credit:
India needs to improve the depth and quality of its education system to create an employable workforce, nurture effective institutions, including an efficient judiciary, to
Report said 29.34% of blue-collar jobs are in the moderate earning bracket, with salaries ranging from ₹20,000-40,000 per month. File | Photo Credit: Reuters The
CAG has asked the Finance Ministry to identify high risk taxpayers in the GST composition scheme on a periodical basis and verify from other sources,
Reserve Bank of India (RBI) Deputy Governor Michael Patra. File | Photo Credit: Reuters The momentum of food prices at 2.5% in July, over and above
The Reserve Bank of India’s (RBI’s) inflation targeting regime has worked well and need not be abandoned in favour of a more discretionary regime that
India is on its way to achieve its target of blending 20% of petrol with ethanol by 2025-26, going by the milestones on blending percentages
