The National Monetisation Pipeline (NMP) comprises a four-year pipeline of the Central Government’s brownfield infrastructure assets.
Accordingly, the annual rate of inflation, based on wholesale prices, rose to 11.16 per cent last month from 12.07 per cent in June.
For the first time since the start of the pandemic, Grant Thornton’s global index of mid-market health is back on an upward trajectory.
RBI had last revised its policy rate on May 22, 2020, in an off-policy cycle to perk up demand by cutting the interest rate to a historic low.
The Insolvency and Bankruptcy Code (Amendment) Bill, 2021 was passed by the Lok Sabha on July 28 and by the Rajya Sabha on Tuesday following a brief discussion amid ruckus created by Opposition parties over the Pegasus snooping row and other issues.
According to the officials, two accused persons — a trader and a tax consultant — were arrested on Tuesday for violation of different provisions of the GST Act.
According to IMF estimation, faster access to vaccinations for high-risk populations could potentially save more than half a million lives in the next six months alone.
The seasonally-adjusted IHS Markit India Manufacturing Purchasing Managers’ Index (PMI) declined to 48.1 in June from 50.8 in May.
In a message to tax officers on the fourth anniversary of historic tax reform GST, she said in the last four years the taxpayer base has almost doubled from 66.25 lakh to 1.28 crore.
According to the data released by RedSeer Consulting, 88 per cent of the online shoppers that will be added between 2020-2030 will be from Tier 2+ cities.
The survey was carried out to assess the impact of COVID-19, with a sample size of 200 respondents across 48 villages in the states of Uttar Pradesh and Bihar.
‘More supply does not mean more demand (consumption). On the contrary, more demand (consumption) will trigger more supply,’ he said.
The UCBs shall ensure that the following ‘fit and proper’ criteria is fulfilled by the person being appointed as MD. The MD shall function under the overall general superintendence, direction and control of the Board of Directors (BoD).
According to the ratings agency, India’s growth in fiscal 2023 (ending March 31, 2023) will likely come in at 7.8 per cent.
In the past, capex announcements from PSU companies have been largely linked to improvement in operating cash flows and low leverage, which in turn was linked to commodity prices — similar to current scenario. Government is also pushing PSUs to upfront their capex.
Duflo is a French-American economist who is a professor of Poverty Alleviation and Development Economics at the Massachusetts Institute of Technology.
The slowdown in economy can further delay anticipated pick-up in credit growth apart from the likely impact on asset quality.
It, however said that Swiss Authorities have been requested to provide the relevant facts along with their view on possible reasons for increase or decrease in deposits so that facts could be presented in correct perspective.
India’s gross GST revenue collection reached a new record high of over Rs 1.41 lakh crore in April 2021, beating all expectations of lower collections in wake of disruptions clauses by fresh wave of Covid-19.