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  • Economy

    ED arrests businessman linked to Rs 1,034 crore Mumbai land scam

    by IN Bureau February 3, 2022
    by IN Bureau February 3, 2022

    <p> The Enforcement Directorate has arrested a Maharashtra businessman in a money laundering investigation connection with a Rs 1,034 crore land scam in Mumbai.</p> <p> Pravin Raut, a former director …

  • Economy

    All eyes on Health Minister Mandaviya as fast-tracking vaccinations would be key to post budget growth

    by Mahua Venkatesh February 2, 2022
    by Mahua Venkatesh February 2, 2022

    <p> <strong>Finance Minister Nirmala Sitharaman carved out a Rs 39,45 lakh crore Union Budget for the financial year 2022-23 but all eyes are on Health Minister Mansukh Mandaviya. India’s vaccination …

  • Economy

    No freebies offered in the Budget but the proposals will lead to formalisation of the economy, push growth and jobs: BJP spokesperson

    by Mahua Venkatesh February 2, 2022
    by Mahua Venkatesh February 2, 2022

    <p> <em><strong>As India thrives to touch the $5 trillion economy, will Finance Minister Nirmala Sitharaman’s fourth crucial budget amid the ongoing Covid 19 pandemic catapult growth and employment generation? Gopal …

  • Economy

    Increase in defence budget will support India’s border security and Indo-Pacific ambitions: US India Business Council

    by IN Bureau February 2, 2022
    by IN Bureau February 2, 2022

    <p> <strong>Washington-based US India Business Council (USIBC), a premiere business advocacy group focused on strengthening commercial ties and promoting investment in the US-India corridor, has lauded the initiatives announced by …

  • Economy

    Budget sets India on the path of green and tech driven growth for the next 25 years

    by Rahul Kumar February 1, 2022
    by Rahul Kumar February 1, 2022

    <p> Budget 2022 has increased the allocation for the Ministry of Environment at Rs 3,030 crore, of which Rs 460 crore goes towards battling pollution. The National Mission for Green …

  • Economy

    Nirmala’s 4th budget targets economic growth & recovery amid Covid-19 pandemic

    by Mahua Venkatesh February 1, 2022
    by Mahua Venkatesh February 1, 2022

    <p> <strong>The thrust for the government will be on economic growth and recovery with an aim to touch the $5 trillion economy mark—that is Finance Minister Nirmala Sitharaman’s message through …

  • Economy

    Budget 2022: Now you can file a 2nd updated income tax return in case of a mistake

    by IN Bureau February 1, 2022
    by IN Bureau February 1, 2022

    <p> In a big relief to taxpayers, Finance Minister Nirmala Sitharaman on Tuesday said the government is now making a provision for taxpayers to file an updated income tax return …

  • Economy

    Budget 2022 jacks up spending on infrastructure projects by 35.4% in big push for growth & jobs

    by IN Bureau February 1, 2022
    by IN Bureau February 1, 2022

    <p> <strong>Finance Minister Nirmala Sitharaman on Tuesday unveiled a Rs 39.45 lakh crore Union Budget for 2022-23 with a massive outlay for big ticket infrastructure projects to boost economic growth …

  • Economy

    Budget 2022: RBI to launch digital currency

    by IN Bureau February 1, 2022
    by IN Bureau February 1, 2022

    <p> Finance Minister Nirmala Sitharaman announced in her budget speech on Tuesday that the RBI will introduce a digital currency in 2022-23 using blockchain and other supporting technology.</p> <p> "Introduction …

  • Economy

    Govt plans to introduce e-passports for Indian citizens

    by IN Bureau February 1, 2022
    by IN Bureau February 1, 2022

    <p> Finance Minister Nirmala Sitharaman on Tuesday announced that e-passports would be rolled out in 2022-23 for more convenience to the public.</p> <p> The e-passports will use embedded chips and …

  • Economy

    Rice exporters hit by air quality norms

    by IN Bureau January 31, 2022
    by IN Bureau January 31, 2022

    <p> <strong>After registering record growth in exports last year, India’s shipment of rice could be dented. In December, the Commission for Air Quality Management (CAQM) passed an order asking industrial …

  • Economy

    Delhi replaces Bengaluru as India’s startup capital

    by IN Bureau January 31, 2022
    by IN Bureau January 31, 2022

    <p> Delhi has replaced Bengaluru as the startup capital of India, according to the Economic Survey 2021-22 tabled by Finance Minister Nirmala Sitharaman in Parliament on Monday.</p> <p> The survey …

  • Economy

    India set to register 9.2% growth this fiscal year, next year’s pegged at 8-8.5%: Eco Survey

    by IN Bureau January 31, 2022
    by IN Bureau January 31, 2022

    <p> <strong>The Economic Survey, tabled by Finance Minister Nirmala Sitharaman on Monday, has projected a growth rate of 9.2 per cent of the current financial year. The growth rate for …

  • Economy

    Imran Khan passes mini budget to appease IMF but angers citizens

    by Mahua Venkatesh January 30, 2022
    by Mahua Venkatesh January 30, 2022

    <p> <strong>Discontent has risen among the people in Pakistan as the Imran Khan government, which is looking for a financial assistance package from the International Monetary Fund (IMF), passed the …

  • Economy

    An ageing China is going all out to woo young couples to have three children

    by IN Bureau January 30, 2022
    by IN Bureau January 30, 2022

    <p> <strong>An ageing China is doing all it can to incentivize couples to have three children. Mega perks include tax cuts, baby bonuses, extended paid leave among others for couples …

  • Economy

    Bangladesh to soon start rebranding exercise to entice global investors

    by IN Bureau January 30, 2022
    by IN Bureau January 30, 2022

    <p> <strong>Bangladesh, which celebrated its 50th birthday recently, is all set to launch a massive exercise aiming to rebrand itself on the global fora to woo investors.</strong></p> <p> According to …

  • Economy

    Pakistan’s high taxes on mobiles could widen digital divide

    by IN Bureau January 30, 2022
    by IN Bureau January 30, 2022

    <p> <strong>As Pakistan increased taxes on imported mobile phones, as part of the International Monetary Fund (IMF) diktat before it seeks a financial bailout package from the multilateral agency, the …

  • Economy

    Debt ridden Sri Lanka knocks on India’s door for help in eight sectors

    by IN Bureau January 30, 2022
    by IN Bureau January 30, 2022

    <p> <strong>Amid an acute financial crisis Sri Lanka is looking to enhance economic cooperation with India and woo investors to stabilize its situation. The focus will be particularly on eight …

  • Economy

    Turkey’s braces for the worst in the coming months as people queue up for food and medicines

    by Mahua Venkatesh January 27, 2022
    by Mahua Venkatesh January 27, 2022

    <p> <strong>Amid the steady depreciation of the Turkish currency, lira –the worst performing currency in 2021, prices have been galloping. After the consumer price inflation surged to 36.08 per cent …

  • Economy

    China has increased investment in Zimbabwe but locals are losing jobs

    by Mahua Venkatesh January 27, 2022
    by Mahua Venkatesh January 27, 2022

    <p> <strong>Trouble is brewing for the Chinese in Zimbabwe. With Beijing being one of the primary investors in the country, Chinese influence has been rapidly rising leading to discontent among …

  • Economy

    Imran Khan in denial–Says Pakistani economy outperformed India’s

    by Mahua Venkatesh January 26, 2022
    by Mahua Venkatesh January 26, 2022

    <p> <strong>Amid Pakistan Prime Minister Imran Khan’s euphoric assertion and chest thumping that his country’s economy was performing better than several others in the region especially India, Lahore based think …

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