World Bank Cuts India’s FY23 GDP Forecast to 7.5%
On Tuesday, The World Bank downgraded India’s real GDP growth forecast for the fiscal year 2022-23 (FY23) to 7.5% from 8% amid inflationary pressures, supply...
Category : ECONOMY
RBI Raised Retail Inflation Forecast for FY23 by 6.7%
On Wednesday, RBI Governor Shaktikanta Das said that Inflation in India is likely to hover around 6.7% this fiscal year, up from 5.7% previously. The...
FM Sitharaman Launches Single Nodal Agency Dashboard on Tuesday
Finance Minister Nirmala Sitharaman will launch a single-nodal agency (SNA) dashboard on Tuesday that will provide ministries/departments with a platform to monitor the flow of...
FTA Negotiations with EU to Begin on June 17: Piyush Goyal
On Monday, Union Commerce and Industry Minister Piyush Goyal said that negotiations on a free trade agreement (FTA) with the European Union would begin on...
GST Collection in May Drops 16% to Rs 141K Crore
Goods and services tax (GST) collections fell to Rs 141 crore in May, down 16% from a record high of Rs 1.68 lakh crore set...
Government To Release 2021-22 GDP Figures Wednesday
The government will release Gross Domestic Product (GDP) growth figures for the full financial year for the 2021-22 quarter and tomorrow, 31 May 2022. Amid...
FTA Between India and UK to Get Ready by Diwali, Says Piyush Goyal
In terms of progress between the two negotiating groups, Diwali may be ready for a free trade agreement (FTA) between India and the UK, Commerce...
CBDT Issues Instructions on SC-Backed Tax Notices
The Central Board of Direct Taxes has issued an official notice for tax and set all instructions and implementation explanation to Supreme Court Order, which...
RBI Defends 77.50 Per Dollar Level
On Tuesday, the Reserve Bank of India (RBI) intervened across the foreign exchange market spot, future, and offshore, which stopped the rupee from going the...
India, Oman to Meet on May 11 to Boost Economic Ties
An official statement said that the commerce and industry ministers from India and Oman would meet here on Wednesday to discuss further ways to strengthen...