Kamalika Ghosh | Author at https://outlookindia.com
After falling below the RBI-mandated upper tolerance limit of 6 per cent for two months, Consumer Price Index (CPI)-based inflation spiked again in January reaching to 6.52 per cent
In Budget 2023-24, the government made the new tax regime the default option, inviting criticisms that it would slowly phase out the old regime
Union Budget 2023-24, presented on Wednesday, pegged GST revenue at Rs 9.56 lakh crore for FY24, an increase from the revised estimates of Rs 8.54 lakh crore for FY23
The DIPAM Secretary said that if the government tries to sell too fast at a discount, the existing shareholders may feel they are short changed
Budget 2023: For the ongoing financial year, capex target was set at Rs 7.5 lakh crore and included Rs 1 lakh crore as a capex-only, interest-free loan to states for 50 years
The survey says that capacity utilisation in the manufacturing sector has been rising, which would auger well for new investment activity in generating additional capacity
The survey, authored by India’s chief economic advisor V Anantha Nageswaran, says that 2023 would have less macroeconomic volatility compared to the preceding financial year
The survey says that India has recovered relatively quicker from the Covid-19 pandemic and that growth the coming financial year is expected to be supported by robust domestic demand and a recovery in capital investment
As state finances finally start looking up following a pandemic-induced dullness, increasing capital expenditure is necessary to jolt the economy, cut down fiscal deficits and improve debt levels
PM Modi’s call to leaders of developing countries at the Global South Summit was more like a clarion call for unity to defend the rights of emerging economies and hold the developed world accountable for current challenges
Shaktikanta Das said that both UPI and CBDC could be two areas for international cooperation on digitisation
Fake notes remained in circulation, growth rate fell and MSME sector suffered due to liquidity crunch, but alongside, a greater part of the economy was formalised. On the day that the Supreme Court upheld the Centre’s 2016 decision to ban Rs 500 and Rs 1,000 notes, here’s a lowdown on how the decision changed the dynamics of the country’s economy
There are many factors going for India—the country’s tax collections have been robust; it stands to gain from the China-plus-one policy due to the latter’s Covid-19 restrictions, etc—but manufacturing is yet to pick up. All eyes are now on Budget 2023-24
Budget 2023-24: From corporate to the common man, everyone looks forward to the budget every year expecting reliefs and reforms that would benefit them
It is expected that the government could exceed its tax collection targets for this financial year by over Rs 2 lakh crore
Finance Minister Nirmala Sitharaman has approved the Framework for Sovereign Green Bonds, paving way for Indian government's debut in the green bonds market
Figures fail to show any significant positive impact of Prime Minister Narendra Modi’s 2016 order banning two highest-valued currency notes in the country
On September 8, the GST Intelligence issued a Rs 21,000-crore tax notice against Bengaluru-based Gameskraft Technology on charges of evasion
A large number of concerns, relating to data security and financial stability, have come up in the investigations surrounding Central Bank Digital Currencies around the world
Sitharaman said India is in a very unique position, having carefully trodden on an independent position in today's global geo-political situation
Beginning December 1, 2022 till November 20, 2023, India would be undertaking the G20 Presidency for a year
RBI's monetary policy committee to have an off-cycle meeting after continuous failure in curbing inflation
Sunak had earlier expressed his support for the agreement citing enormous opportunities for both countries
UK’s former PM admitted to her failure to deliver on the promises made during her campaign
In the first quarter of FY23, the GDP contracted 9.6 per cent as against the March quarter of FY22, which triggered rating agencies to downgrade India’s growth projections