Economy
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India’s GDP Contracts 7.3% for FY 2020-21, to grow 9.3% in FY22 predicts Moody’s
Chief Economic Adviser (CEA) KV Subramanian said that the growth was affected by the second wave of the pandemic. It’s…
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Out of proportion: Landomus Realty Offers To ‘Invest’ $500 Billion In India’s Infrastructure Project
The company states that it aims to make India a global destination and requested for an opportunity to contributeto PM…
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People in Bangladesh earn more than Indians now on average
Bangladesh surpasses India in per capita income by 280 $. However, economists say this is a temporary phenomenon.
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Manufacturing employment in India dips to half; raises concerns about AtmaNirbhar & Make in India
Since last five year's employment in the manufacturing sector has decreased by nearly half while the same has risen in…
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What we learned about today’s speech of RBI Governor
Reserve Bank of India (RBI) Governor Shaktikanta Das announced several schemes, such as the second round of loan restructuring and…
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India’s GDP to grow at 11% in FY22, says Asian Development Bank
The Asian Development Bank however cautioned that the surge in COVID-19 cases may put India’s economic recovery at risk.
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Finance Minister Sitharaman guarantees the industries of a No lockdown situation
The finance minister on Monday noted suggestions of major industry associations and over a dozen business leaders to keep the…
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With India’s Inflation rate highest in 7 Years: Rupee is now Asia’s ‘worst’ performing currency as COVID cases surge
WPI inflation rose to 7.39% in March against 4.17% in Feb. This indicates that commodities could soon become expensive. Currency…
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Direct tax collection up 5% in FY21 at Rs. 9.45 lakh crore exceeding revised estimates; refunds at Rs 2.61 lakh crore
The net direct tax collections include Corporation Tax (CIT) at Rs 4.57 lakh crore and Personal Income Tax (PIT) including…
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World Bank and IMF forecast India’s GDP to grow highest in the world during 2021 and 2022
Not just these top monetary institutions, but even Moody's and Goldman Sachs suggested the same that Indian GDP will grow…
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