Income Tax : The Budget Session of Parliament began at 11 am on 31 January, 2023. President of India Draupadi Murmu addressed both houses in a ...
Finance : Understand the performance of the Indian Economy with the 2023-24 Economic Survey. Learn about key trends, challenges and policy i...
Finance : Comprehensive economic survey of India 2023-24 - Learn what effects Govt. policies have on economic growth, stability & overall ec...
Finance : Explore Indias socio-economic trends & budget proposals through Economic Survey! Get the complete overview of how policies, reform...
Finance : The Economic Survey for the fiscal 2021-22 was presented in Parliament on 31st January, 2022, the first day of ongoing Budget sess...
Finance : The invention of the wheel set in motion the necessity of travelable paths, and since then the saga of infrastructure has expanded...
Finance : India’s external sector has been buffeted by shocks and uncertainty manifested in terms of elevated, though now easing global co...
Finance : India’s services sector witnessed a swift rebound in FY22 driven by growth in the contact-intensive services sub-sector, which b...
Finance : The industry holds a prominent position in the Indian economy contributing about 30 percent of total gross value added in the coun...
Finance : The performance of the agriculture and allied sector has been buoyant over the past several years, much of which is on account of ...
Monetary policy remained accommodative in 2019-20. The repo rate was cut by 110 basis points in four consecutive Monetary Policy Committee meetings in the financial year due to slower growth and lower inflation. However, it was kept unchanged in the fifth meeting held in December 2019. Liquidity conditions were tight for initial two months of […]
The industrial sector based on Index of Industrial Production (IIP) registered a growth of 0.6 per cent for 2019-20 (April-November) as compared to 5.0 per cent during 2018-19 (April-November). Growth of manufacturing sector was 0.9 per cent during 2019-20 (April-November) as compared to 4.9 per cent during 2018-19 (April-November). Growth of refinery products sector stood […]
Agriculture and its allied sectors still remain an important sector because of its continued role in employment, income and most importantly in national food security. Its contribution to national income has gradually declined from 18.2 per cent in 2014-15 to 16.5 in 2019-20, reflecting the development process and the structural transformation taking place in the […]
The services sector’s significance in the Indian economy has continued to increase, with the sector now accounting for around 55 per cent of total size of the economy and GVA growth, two-thirds of total FDI inflows into India and about 38 per cent of total exports. The share of services sector now exceeds 50 per […]
Inflation has been witnessing moderation since 2014 backed by low food inflation. During the current financial year, however, food and beverages inflation has been trending differently. Food inflation has been on an upward trend mainly backed by rising vegetables, fruits and pulses prices. However, the volatility in prices of most of the essential agricultural commodities […]
The year 2019-20 has been challenging for the Indian economy owing to the decelerating growth rate experienced in the first half of the year. Amongst the various reforms introduced during the year to promote growth and investment, reduction in corporate income tax rate was a major structural reform. The fiscal policy 2019-20 was characterized by sluggish growth in Tax revenue relative to the budget estimates.
The year 2019 was a difficult year for the global economy with world output growth estimated to grow at its slowest pace of 2.9 per cent since the global financial crisis of 2009, declining from a subdued 3.6 per cent in 2018 and 3.8 per cent in 2017.
Though economics affects the common lives of people in tangible ways, this fact often remains unnoticed. What better way to make economics relate to the common person than something that s(he) encounters every day – a plate of food?
As investors deciding to invest in an economy care for the country’s GDP growth, uncertainty about its magnitude can affect investment. Therefore, the recent debate about India’s GDP growth rates following the revision in India’s GDP estimation methodology in 2011 assumes significance, especially given the recent slowdown in the growth rate.
The recent approval of strategic disinvestment in Bharat Petroleum Corporation Limited (BPCL) led to an increase in value of shareholders’ equity of BPCL by Rs. 33,000 crore when compared to its peer Hindustan Petroleum Corporation Limited (HPCL)! This reflects an increase in the overall value from anticipated gains from consequent improvements in the efficiency of BPCL when compared to HPCL which will continue to be under Government control.
