With tariffs on goods coming into the world’s No. 1 economy now at...
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Trump’s new tariff could shave off 0.5% points of India’s GDP: Finance Secy
"Second order (effects) would be important," said Finance Secretary...
India stays world’s fastest growing economy at over 6 pc growth despite tariff woes :IMF
Gita Gopinath, chief economist, IMF IMF's outlook report pegs the...
Budget 2023-24: Health sector allocation sees 13 pc hike, mission to eliminate sickle cell anaemia announced
Among these central sector schemes, the budget allocation for the National Health Mission has been increased from Rs 28,974.29 crore in 2022-23 to Rs 29,085.26 crore in 2023-24, and for Pradhan Mantri Jan Arogya Yojna (PM-JAY), it has been hiked from Rs 6,412 crore to...
IRDAI retains reinsurance `Obligatory Cession’ at 4% for general insurers in FY2023-24
The government has notified move on Tuesday saying that the entire Obligatory Cession is to be placed with General Insurance Corporation of India (GIC Re) only. Mumbai/New Delhi: Disappointing the private sector general insurers and foreign reinsurers which are having...
Budget- 2023-24: Infrastructure development capex hiked by 33 pc to Rs 10 lakh crore for 2023-24
Union Finance Minister Nirmala Sitharaman An expert committee will also be set up to make infrastructure classification and financing framework suitable for Amrit Kaal New Delhi:Finance Minister Nirmala Sitharaman on Wednesday announced hiking the capital expenditure...
India’s nominal GDP to be USD 3.5 trillion by end-March: Eco Survey
V. Anantha Nageswaran,Chief Economic Adviser Further support to economic growth will come from the expansion of public digital platforms and path-breaking measures such as PM GatiShakti, the National Logistics Policy and the Production-Linked Incentive schemes to...
Road transport, highways sector has max number of delayed projects: Govt
In the road transport and highways sector, 428 out of 724 projects are delayed. In railways, out of 173 projects, 117 are delayed, while in the petroleum sector, 88 out of 158 projects are running behind schedule, as per the latest flash report on infrastructure...
FinMin to stick to privatisation of already announced CPSEs next fiscal
After tasting success in privatising loss-making Air India in 2021, the progress of PSU sell-off has not been very impressive over the past year, and experts say that with the general election around the corner in 2024, no major disinvestment announcement is expected...
Indian Economy: Kicking into high gear
Among other notable differences: India’s middle class remains significantly smaller. Fully capturing the nation’s demographic dividend — perhaps its biggest advantage compared to bigger economies — will require broader wealth creation that resolves high unemployment...
IMA puts forward demands to govt ahead of budget presentation
In its proposal to the government for consideration in the upcoming Union Budget, the Indian Medical Association (IMA) has said deficit funding is the most important cause behind the lack of penetration of the AB-PMJAY If the funding has to be raised to at least the...
Govt notifies 3 GACs to look into complaints against social media firms
The objective of establishing the GACs is to settle the issues that users may have against the manner in which social media platforms initially addressed their complaints regarding content and other matters New Delhi: The Centre on Friday notified three grievances...
Twitter sued in Germany to force the platform to remove antisemitic content
HateAid and the European Union of Jewish Students filed the suit against Twitter to require the platform to clarify basic obligations when moderating criminal content, according to a statement on Wednesday. By filing this lawsuit, HateAid and EUJS said they’re seeking...