lipped from: https://www.business-standard.com/economy/news/india-needs-to-try-become-indispensable-like-china-cea-nageswaran-125061701245_1.html Kerala Governor Rajendra Vishwanath Arlekar, who presided over the event, said that ‘Viksit Bharat’ will be a reality by 2047 as asserted by
Category: Economy
US tariff revenue hits record high in May, helping cut budget deficit | World News – Business Standard
Clipped from: https://www.business-standard.com/world-news/us-tariff-revenue-hits-record-high-in-may-helping-cut-budget-deficit-125061200156_1.html The Treasury Department recorded $23 billion in customs-duties revenue for May, according the agency’s monthly budget statement May’s figure is more than triple
E-way bills grow nearly 19% to 122.65 million in May, shows data | Economy & Policy News – Business Standard
lipped from: https://www.business-standard.com/economy/news/eway-bills-growth-19-percent-may-125061001471_1.html E-way bills grew by nearly 19% YoY to 122.65 million in May, reflecting a strong increase in compliance and economic activity. This was
*******Centre nudges states to implement new labour codes, shifts reform goalpost
Clipped from: https://www.business-standard.com/specials/news/centre-nudges-states-to-implement-new-labour-codes-shifts-reform-goalpost-125061001402_1.html During 2019-20, Parliament consolidated 29 labour laws into four codes – Code on Wages; Code on Social Security; Occupational Safety, Health and Working
*******AIS, TIS and form 26AS in income tax
Clipped from: https://taxguru.in/income-tax/ais-tis-26as-income-tax.html “Understand the significance of Annual Information System (AIS), Taxpayer Information Summary (TIS), and Form 26AS in income tax. Learn how these tools help
‘One price shock…’: India’s $2 trn gold hoard is a ticking bomb, warns hedge fund manager – BusinessToday
Clipped from: https://www.businesstoday.in/personal-finance/investment/story/one-price-shock-indias-2-trn-gold-hoard-is-a-ticking-bomb-warns-hedge-fund-manager-478507-2025-05-31 “Gold loan borrowers face auction risk when prices fall,” Aittreya said. “Citizens bear the ultimate risk—with zero protection.” While schemes like Gold Monetization
*******Yen for growth – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/editorial/yen-for-growth/article69633331.ece Euphoria over GDP size should be tempered with realism India’s GDP growth is commendable but inequality needs to be tackled | Photo Credit:
*****The US as tax haven – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/the-us-as-tax-haven/article69622062.ece US and some its States are major tax havens, which not only affects their tax revenues but also the world economy The US
***The ‘Big and beautiful Bill’ is turning into a headache – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/the-big-and-beautiful-bill-is-turning-into-a-headache/article69621143.ece It has annoyed Republicans and Democrats alike US President Donald Trump speaks to the media before boarding Air Force One as he departs
***India will feel the pinch of US’ ‘beautiful’ levy – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/editorial/india-will-feel-the-pinch-of-us-beautiful-levy/article69621416.ece Remitters to India already incur transaction fees and currency conversion costs of 4-5 per cent on the sums they send home. A 3.5
*****Fed chair Powell signals rethink of strategy on jobs and inflation risks | World News – Business Standard
Clipped from: https://www.business-standard.com/world-news/fed-chair-powell-signals-rethink-of-strategy-on-jobs-and-inflation-risks-125051501891_1.html The Fed for now has said it would stay on the sidelines, with interest rates held steady in the current 4.25% to 4.5%
*****UK-India FTA raises a cocktail of questions – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/editorial/uk-india-fta-raises-a-cocktail-of-questions/article69579224.ece The grand-sounding tariff reduction by the UK on 99 per cent of tariff lines covering almost all of India’s exports is not as
*****Unemployment rate at 5.1% in April, more men jobless than women – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/economy/unemployment-rate-at-51-in-april-more-men-jobless-than-women/article69579299.ece The data is based on a survey among over 89,000 households and over 3.8 lakh persons The government on Thursday said that unemployment
*****Trump’s tariff thrust fizzles out – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/trumps-tariff-thrust-fizzles-out/article69580433.ece History shows that the concept of reciprocal tariffs has never worked and it will hurt the US economy all the more The trade
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