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India economy
Inflation in India expected to come down to 5% in 2023, 4% in 2024: IMF
Image used for representational purpose.
| Photo Credit: Sushil Kumar Verma
Inflation in India is expected to come down from 6.8% in the current fiscal year ending March 31 to 5% the next fiscal, and then drop further to 4% in 2024, the…
Chief Minister Gehlot criticises Budget for reducing MGNREGS allocation, says disappointing for…
Rajasthan Chief Minister and senior Congress leader Ashok Gehlot
| Photo Credit: PTI
Rajasthan Chief Minister Ashok Gehlot on February 1 criticised the Union Budget for neglecting the important areas of education, health and social justice…
India’s footwear, textile exports vulnerable to global slowdown: Report
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| Photo Credit: Special Arrangement
A slowdown in 2023 in advanced economies, especially the U.S. and the eurozone, is expected to make India's footwear and leather products export trade vulnerable,…
Wholesale inflation eased to 4.7% in January
Image for representational purpose only.
| Photo Credit: The Hindu
India’s wholesale price inflation cooled further in January to 4.73% from December’s 22-month low of 4.95%, thanks to a slight decline in manufactured products’ price rise…
Budget 2023 | Exemptions on high-value life insurance proceeds pruned
Image for representational purpose only.
| Photo Credit: The Hindu
The Union Budget 2023-24 has proposed to limit the income tax exemption on the proceeds of high value life insurance policies.Mooted as part of an emphasis on better…
Economy expected to grow at 7% in 2022-23, says government data
Construction sector’s GVA is reckoned to grow 9.1% through the year. Photo used for representation purpose only.
| Photo Credit: The Hindu
India’s real GDP is expected to grow 7% in 2022-23, compared to 8.7% in 2021-22, as per the First…