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Economy

  • Economy

    Budget 2023 focuses on investment and consumption, touching all segments

    by Mahua Venkatesh February 1, 2023
    by Mahua Venkatesh February 1, 2023

    The Union Budget – the fifth presented by Finance Minister Nirmala Sitharaman — reflects Prime Minister Narendra Modi’s emphasis on “India first, citizens first.” The feel good Budget has touched …

  • Economy

    Kerala milk federation’s Milma On Wheels turns into a money spinner

    by IN Bureau February 1, 2023
    by IN Bureau February 1, 2023

    Reaching out to consumers through innovative ideas is important to stay ahead in the market. Doing this is Kerala Cooperative Milk Marketing Federation’s initiative called “Milma On Wheels”. Milma is …

  • Economy

    Zero Income Tax for those earning up to Rs 7 lakh, 25% cut for others as Budget brings relief

    by IN Bureau February 1, 2023
    by IN Bureau February 1, 2023

    In  a massive concession to the “hard working” middle class, Finance Minister Nirmala Sitharaman today slashed the income tax on various slabs by as much as 25% and raised the …

  • Economy

    Union Budget hikes outlay for big infra projects by 33% to Rs 10 lakh crore: Big numbers at a glance

    by IN Bureau February 1, 2023
    by IN Bureau February 1, 2023

    ·       Capital investment outlay for infrastructure projects to be raised by a whopping 33% to ₹ 10 lakh crore, will go up to 3.3% of GDP in 2024 ·       ₹ 2.4 lakh crore For railways, …

  • Economy

    Finance Minister Nirmala Sitharaman to present last full Union Budget before Lok Sabha polls today

    by IN Bureau February 1, 2023
    by IN Bureau February 1, 2023

    Union Budget 2023-24, which will be the last full Budget before the 2024 general elections, will be presented by Finance Minister Nirmala Sitharaman today. The Finance Minister on Wednesday morning …

  • Economy

    India’s economy has recovered from Covid and is poised to do better, says CEA

    by IN Bureau January 31, 2023
    by IN Bureau January 31, 2023

    The recovery of the Indian economy from the Covid pandemic is complete and the country’s GDP growth is now poised for higher growth, Chief Economic Advisor V. Anantha Nageswaran said …

  • Economy

    Economic Survey pegs India’s GDP growth at 6 to 6.8% for 2023-24

    by IN Bureau January 31, 2023
    by IN Bureau January 31, 2023

    The Economic Survey tabled in Parliament by Finance Minister Nirmala Sitharaman today has pegged India’s GDP growth rate for 2023-24 between 6 and 6.8 per cent. The growth projection is higher …

  • Economy

    World’s eyes on India’s budget amid global uncertainty, says PM Modi

    by IN Bureau January 31, 2023
    by IN Bureau January 31, 2023

    Prime Minister Narendra Modi on Tuesday said that India’s Budget to be presented tomorrow will attempt to meet the hopes and aspirations of the country’s common citizens amid the unstable …

  • Economy

    Woman arrested for assaulting cabin crew on Vistara flight

    by IN Bureau January 31, 2023
    by IN Bureau January 31, 2023

    A 45-year-old Italian woman was arrested on Monday for assaulting crew members on board a Vistara flight from Abu Dhabi to Mumbai. The airline said Paola Perruccio, who had an …

  • Economy

    IMF says India still a bright spot as global growth seen slowing to 2.9% in 2023

    by IN Bureau January 31, 2023
    by IN Bureau January 31, 2023

    India remains a bright spot with the country’s growth in 2023 pegged at 6.1% while the global growth rate is expected to slow to 2.9%, according to the IMF’s latest …

  • Economy

    Abu Dhabi company invests Rs 3,200 crore in Adani Enterprises FPO

    by IN Bureau January 30, 2023
    by IN Bureau January 30, 2023

    International Holding Company (IHC), the diversified Abu Dhabi-based conglomerate, will invest $400 million (Rs 3,200 crore) into the Adani Enterprises’ Rs 20,000-crore follow-on public offer (FPO) through its subsidiary Green …

  • Economy

    Lahore petrol station set on fire as fuel price hike hits common people in Pakistan

    by Mahua Venkatesh January 30, 2023
    by Mahua Venkatesh January 30, 2023

    A petrol station in Lahore has been set on fire as hike in fuel prices takes its toll on common people of Pakistan. On Sunday, Pakistan raised fuel and gas …

  • Economy

    Why India’s Economic Survey and Budget this year will be key for South Asia and world

    by Mahua Venkatesh January 30, 2023
    by Mahua Venkatesh January 30, 2023

    South Asian countries especially Bangladesh and Nepal will be closely monitoring India’s Economic Survey and the Union Budget this year as the fine prints will directly have a bearing on …

  • Economy

    Air India Express flight makes emergency landing at Cochin Airport

    by IN Bureau January 30, 2023
    by IN Bureau January 30, 2023

    An Air India Express flight from Sharjah made an emergency landing at Cochin International Airport on Sunday following a suspected hydraulic failure. A full emergency was declared at the international …

  • Economy

    Pakistan hikes fuel prices under IMF pressure, more taxes on way 

    by Rahul Kumar January 29, 2023
    by Rahul Kumar January 29, 2023

    Pakistan’s economic meltdown, with foreign exchange touching $3.67 billion, is finally making its political class realise that imposing harsh taxes is the only way out to acquire an International Monetary …

  • Economy

    Pakistan’s economic meltdown triggers infighting; blame game among political class intensifies

    by Mahua Venkatesh January 28, 2023
    by Mahua Venkatesh January 28, 2023

    Driven by a near collapse of the economy, uncertainty and risks in Pakistan’s political and security have risen further with impending elections intensifying the struggle for power. A shortage of …

  • Economy

    IndiGo starts daily flight from Mangaluru to Delhi

    by IN Bureau January 28, 2023
    by IN Bureau January 28, 2023

    IndiGo has started a daily fight to New Delhi from Mangaluru. Flight number 6E6303 will leave from New Delhi at 2.55 pm and reach Mangaluru International Airport (MIA) at 6.05 …

  • Economy

    World needs to come together to support startup ecosystem: Piyush Goyal

    by IN Bureau January 28, 2023
    by IN Bureau January 28, 2023

    Union Minister Piyush Goyal has underlined that the world needs to join hands in supporting the startup ecosystem and facilitate incubation of startups across the globe. He said that the …

  • Economy

    India and Gulf eye common power grid, boosting connectivity

    by Mahua Venkatesh January 28, 2023
    by Mahua Venkatesh January 28, 2023

    India has been steadily charting a new course in deepening economic and strategic relations with the Gulf countries. Not only are India and the Gulf Cooperation Council (GCC) countries keen …

  • Economy

    Go Air fined Rs 10 lakh for stranding Delhi-bound passengers at Bengaluru airport tarmac

    by IN Bureau January 27, 2023
    by IN Bureau January 27, 2023

    The Directorate General of Civil Aviation (DGCA) has slapped a Rs 10 lakh fine on Go First airline for leaving behind 55 passengers with valid boarding passes in a bus …

  • Economy

    Mumbai airport deploys 45 electric vehicles to cut carbon footprint 

    by IN Bureau January 27, 2023
    by IN Bureau January 27, 2023

    Mumbai airport has deployed 45 electric vehicles (EVs) in order to cut its carbon footprint by replacing petrol and diesel vehicles. Adani Group-owned Mumbai International Airport Ltd (MIAL) said, in …

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