Clipped from: https://www.business-standard.com/markets/commodities/finance-ministry-to-consider-scrapping-windfall-tax-on-crude-govt-official-124102300636_1.html The imposition of windfall tax on crude oil was introduced in 2022 to address excessive profits during high prices The finance ministry will
Category: Economy
Global fight against high inflation is ‘almost won’: IMF chief economist | World News – Business Standard
Clipped from: https://www.business-standard.com/world-news/global-fight-against-high-inflation-is-almost-won-imf-chief-economist-124102300053_1.html In its latest assessment of the global economy, the IMF predicted that worldwide inflation will cool from 6.7 per cent last year to
👌👌👌PM Internship Scheme: 280 companies register 1.27 lakh internship offers, onboarding window closes for India Inc – The Hindu BusinessLine
lipped from: https://www.thehindubusinessline.com/economy/prime-minister-internship-scheme-280-companies-register-127-lakh-internship-offers-onboarding-window-closes-for-india-inc/article68783161.ece Country’s top 500 CSR spenders were entitled to register their internship offers under PMIS The Centre has now closed the onboarding window for
👌👌👌BRICS currency: A long-term possibility – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/brics-currency-a-long-term-possibility/article68783947.ece India for the time being can focus on its efforts to internationalise the rupee There has been much discussion over the idea of
👌👌👌👌👌Monetary policy dilemma: Control inflation or support growth, says RBI’s Patra – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/money-and-banking/dilemma-for-monetary-policy-says-rbi-dy-guv-patra/article68782512.ece RBI Deputy Governor Patra discusses India’s growth trajectory, inflation control, and monetary policy dilemma at New York Fed Seminar. Uncertainty shocks for India
👌👌👌👌👌India poised to rebound to 8% growth trend: RBI Deputy Governor Patra | Economy & Policy News – Business Standard
lipped from: https://www.business-standard.com/economy/news/india-poised-to-rebound-to-8-growth-trend-rbi-deputy-governor-patra-124102200993_1.html Headline inflation likely to remain on track throughout 2025-26 (Photo: Reuters) Following the pandemic recovery, India is likely to return to its long-term
How Delhiites, Maharashtrians and Kannadigas are shelling out more direct taxes – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/data-stories/how-delhiites-maharashtrians-and-kannadigas-are-shelling-out-more-direct-taxes/article68778850.ece The direct tax to GDP ratio is the highest in these States due to high per capita income and lower share of agriculture
Welcome rethink on FTAs – The Hindu BusinessLine
lipped from: https://www.thehindubusinessline.com/opinion/welcome-rethink-on-ftas/article68780172.ece Ceding ground on government procurement would impair the use of this instrument for boosting local economic capacity Recent media reports suggest that the
Tax truths – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/editorial/tax-truths/article68779580.ece Direct tax base should be widened Recently released data on direct tax collections trends over two decades do have some important lessons to
Slow growth in China raises doubts over 2024 target as concern mounts | Editorial Comment – Business Standard
Clipped from: https://www.business-standard.com/opinion/editorial/slow-growth-in-china-raises-doubts-over-2024-target-as-concern-mounts-124102000707_1.html China faces headwinds in various sources of demand, in particular – and the government has not opened its purse strings sufficiently to make
Policy process: Currency-market intervention should be more selective | Editorial Comment – Business Standard
Clipped from: https://www.business-standard.com/opinion/editorial/policy-process-currency-market-intervention-should-be-more-selective-124102101303_1.html On monetary policy, Mr Das categorically noted that a rate cut would be premature and could be “very, very risky” Indian financial markets
GST collection falls, exports drop: Is India’s economic growth slowing? | Expert Views – Business Standard
Clipped from: https://www.business-standard.com/opinion/columns/gst-collection-falls-exports-drop-is-india-s-economic-growth-slowing-124102000732_1.html The index of industrial production (IIP), which tracks the output of eight core industries, such as coal, oil, and electricity, was negative in
👌👌👌Looking into our export basket – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/looking-into-our-export-basket/article68765905.ece There is a need for export diversification and an effort to sustain growth in high-performing sectors This article examines the export share of
GST collection falls, exports drop: Is India’s economic growth slowing? | Expert Views – Business Standard
https://www.business-standard.com/opinion/columns/gst-collection-falls-exports-drop-is-india-s-economic-growth-slowing-124102000732_1.html Clipped from: https://www.business-standard.com/opinion/columns/gst-collection-falls-exports-drop-is-india-s-economic-growth-slowing-124102000732_1.html The index of industrial production (IIP), which tracks the output of eight core industries, such as coal, oil, and electricity, was negative
Fresh formal hirings fell to a four month low in August, shows EPFO data | Economy & Policy News – Business Standard
Clipped from: https://www.business-standard.com/economy/news/fresh-formal-hirings-fell-to-a-four-month-low-in-august-shows-epfo-data-124102000463_1.html EPFO data also showed that share in the 18-25 age group also declined slightly Listen to This Article The number of monthly fresh
👌👌👌Internship portal to be launched on Oct 3; top 500 companies can tie up with others in supply chain
Clipped from: https://indianexpress.com/article/business/internship-portal-launch-top-500-companies-tie-up-with-others-in-supply-chain-9598210/ Candidates selection through backend bots, companies to then scrutinise and pick; portal live from Oct 12. Candidates having studied from IIT, IIM, IISER
Edible oil tariffs must balance farmer, consumer needs – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/editorial/edible-oil-tariffs-must-balance-farmer-consumer-needs/article68670383.ece Curbs on edible oil exports must be relaxed so that farmers have the freedom to capitalise on global market opportunities, just as consumers
Fed cuts loose – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/editorial/fed-cuts-loose/article68664468.ece US rate cut positive for financial markets, flows The US Federal Reserve, which had been proceeding cautiously in rolling back the 525 basis
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