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Govt plans over $12 billion in power plant, EV incentives to cut pollution
RBI think tank wants independent body to verify official economic data
The budget provided a consumer stimulus, such as the $10.6 billion-plan to pay cash to farmers, and was based on the assumption revenue will grow 14 per cent year-on-year. But history shows India, whose aggregate fiscal deficit including its states is close to 6.5 per cent of GDP, has missed income targets in each of the past five fiscal years.
Reddy family mulls exiting Apollo Munich Health Insurance, to sell its 41% stakes for Rs 1200 cr
Reddy family is seeking to sell its entire holding of 41 percent in Apollo Munich Health Insurance Co., for about 12 billion rupees ($170 million) in six months, the people said asking not to be identified as the discussions are private. The proceeds will be used to repay part of the debt raised by pledging Apollo Hospital’s equity as collateral, the people said.
With right investment plans,people with income up to Rs 9.5 lakhs can escape tax liability:FM
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