FMCG Revenue Growth to See Revenue to 10-12%
The fast-moving consumer goods (FMCG) sector is supposed to see revenue to 10-12 per cent in the current fiscal due to price increase in products....
Category : ECONOMY
Centre Cuts Import Duty on Masur Dal to Zero
The government on Monday decreased the import duty on Masur dal to zero and divided the Agriculture Infrastructure Development Cess on the lentil to 10...
India Inc See Increase in Overseas Borrowing
India Inc will see an increase in overseas borrowings, which will possibly create a new record, as multiple companies will raise funds for the first...
Road Ministry Constructed 13,327 Km of National Highways in FY21
The Road Transport and Highways Ministry constructed 13,327 km of National Highways in 2020-21, Parliament was told on Thursday. In a written reply to the...
Securitised Pool Collection Ratios Falls During Covid-19, Says Crisil
Collection ratios in securitised pools have fallen during the 2nd wave of the Covid-19 pandemic, according to rating agency Crisil. This is because of lockdown,...
ADB Lowers India’s Economic Growth Forecast to 10%
The Asian Development Bank (ADB) has downgraded India’s economic growth forecast for the current financial year to 10 per cent from 11 per cent projected...
PM e-Vidya Scheme Expanding to Educational Channels
The education ministry is trying to extend the PM e-Vidya scheme by increasing education channels from Class 1 to 12. The government had contributed Rs...
Over Rs 81K Crore GST Compensation Due to States for FY21
Over Rs 81,000 crore GST compensation is due to states for FY 2020-21. In a written reply to a question in the Lok Sabha, Minister...
Petrol & Diesel Prices Hold Steady on Friday
Fuel prices held constant on Friday after a hike on Thursday, which took petrol prices closer to Rs 110 per litre mark in many cities....
Government is Unlikely to Cut Fuel Taxes: CEA Subramanian
Chief Economic Adviser (CEA) Krishnamurthy Subramanian informed that the government would likely not cut fuel taxes, even after petrol and diesel rates are a record...