New Delhi, June 25 (IANS): The Central government is likely to increase its welfare spending on social schemes by Rs 50,000 crore in the upcoming budget, due to robust tax collection and record dividend from th
Mumbai, June 25 (IANS): Driven by the production-linked incentive (PLI) scheme, the country’s manufacturing sector is projected to expand threefold, reaching a market size of $1.66 trillion from the current $
Mumbai, June 25 (IANS): Driven by the financial sector, the Indian stock market saw a sharp rally to close at an all-time high on Tuesday, with the Bank Nifty index breaking above the resistance of 52,000 for t
New Delhi, June 24 (IANS) The IT and Business Services market in India is projected to grow at a CAGR of 7.3 per cent to reach $20.7 billion by the end of 2028, a report showed on Monday.Last year, the domestic
Ahmedabad, June 24 (IANS) Gautam Adani, Chairman of the Adani Group, said on Monday that with record results, robust cash positions, and the lowest debt ratios in the company's history, their path ahead is illu
New Delhi, June 23 (IANS) As the government doubles down on making India a global manufacturing hub, the demand for electronics components and sub-assemblies is likely to scale to $240 billion by 2030, paving t
New Delhi, June 22 (IANS) As part of several taxpayer-friendly decisions, the GST Council on Saturday recommended the waiving of interest and penalty in cases of tax demand notices that have been sent under Sec
New Delhi, June 22 (IANS) The Goods and Services Tax (GST) Council at its 53rd meeting on Saturday decided to roll out pan-India Aadhaar-based biometric authentication to check fake invoicing used to fraudulent
New Delhi, June 22 (IANS) The GST Council meeting held on Saturday recommended a uniform GST rate of 12 per cent on all milk cans whether they be made of steel, iron, or aluminum, Finance Minister Nirmala Sitha
New Delhi, June 22 (IANS) Buoyed by the policy and reform continuity, foreign portfolio investors (FPIs) have altered their position in the equity market following the election results, injecting Rs 23,786 cror
New Delhi, June 22 (IANS) India, which is the fastest-growing economy, can further fuel its growth journey if the leading enterprises and companies collaborate with the government to build a robust human capita
New Delhi, June 22 (IANS) India's innovation ecosystem is poised for exponential growth, driven by robust government policies, increased venture capital and a dynamic talent pool, industry experts said on Satur
New Delhi, June 21 (IANS) India, on its way to becoming the global electronics manufacturing hub, has doubled down on the local manufacturing of multiple products -- mobile phones and their components, televisi
Mumbai, June 21 (IANS) The Indian stock markets closed lower in a volatile session on Friday on profit booking and underperformance in the fast-moving consumer goods (FMCG) sector.Sensex closed 269 points lower
New Delhi, June 20 (IANS) Terming the upcoming Union Budget 2024-2025 a blueprint of the path towards becoming Viksit Bharat by 2047, the PHD Chamber of Commerce and Industry (PHDCCI) said on Thursday that cali
New Delhi, June 20 (IANS) Finance Minister Nirmala Sitharaman on Thursday chaired the third pre-budget consultation with industry leaders and associations in connection with the forthcoming General Budget 2024-
Mumbai, June 20 (IANS) RBI Governor Shaktikanta Das on Thursday said that "necessary policy actions" are on the anvil for positioning the Reserve Bank as a model central bank of the Global South."As the Reserve
Mumbai, June 20 (IANS) India's benchmark indices closed in the green on Thursday following a rally in metal and banking stocks.At closing, Sensex settled at 77,478, up 141 points or 0.18 per cent, and Nifty was
New Delhi, June 19 (IANS): The quantity of India’s seafood exports touched an all-time high during the financial year 2023-24 with the USA and China emerging as the top importers, according to a Commerce Mini
New Delhi, June 19 (IANS): The government is planning to revamp the production-linked incentives (PLIs) by relaxing the norms for releasing funds, including more sectors under the scheme, and extending benefits