By Arun Kejriwal India has traditionally traded with the global community in US Dollars and a basket of currencies. Against the basket we have done well and have appreciated against the British Pound and Euro,…
By Venkatachari Jagannathan Chennai, March 4 (SocialNews.XYZ) Indias economic growth for 2023-24 is estimated to be in the band 6-6.5 per cent by experts in various agencies with difference only in the decimal point. The…
By Sanjeev Sharma New Delhi, March 4 (SocialNews.XYZ) Overall, post-Covid economic recovery may be strong in pockets, but remains weak on the aggregate, Nuvama Institutional Equities said in a report. On a 5 year CAGR…
By Nishant Arora New Delhi, March 4 (SocialNews.XYZ) The economic turbulence of 2022 has entered 2023, even getting worse, and startup founders are finding it all the more difficult to raise funds amid the global…
New Delhi, March 4 (SocialNews.XYZ) Private consumption demand, which forms the largest part of GDP, slowed meaningfully to 2.1 pert cent in Q3FY23 due to slowdown in urban discretionary consumption along with already weak rural…
By Venkatachari Jagannathan Chennai, March 4 (SocialNews.XYZ) The interest rates in India will continue to be at a higher level next fiscal as inflation continues to be sticky at a higher level, said experts and…
New Delhi, March 4 (SocialNews.XYZ) The global economic crisis, which hit the companies’ initial public offering (IPO) plans in India in 2022, continues to haunt the founders and CEOs and the first two months of…
By Arun Kejriwal The year 2022 was tough for markets and while the benchmark indices in India, BSESENSEX and NIFTY, managed small gains of sub 5 per cent, DOW, S&P and NASDAQ were negative. The…
New Delhi, March 4 (SocialNews.XYZ) After a dismal year for tech companies and startups in 2022 which saw lakhs of employees being shown the door, 2023 started on a similar note and in January-February, 417…
Chennai, Feb 4 (SocialNews.XYZ) The Southern Railway has received an outlay of Rs 7,134.56 crore for the financial year 2022-23, in addition a total of Rs 1,064.34 crore is also received as Extra Budgetary Resource…
By Sreejith Balasubramanian The intent of Union Budget FY23 is to nurture growth, primarily through public investment, as private investment is yet to meaningfully pick up. It continued to be more transparent, by reducing off-budget…
New Delhi, Feb 3 (SocialNews.XYZ) India needs to enhance the production and not just focus on increasing the minimum support price (MSP) on pulses every time as it hurts the consumers in the long run,…
New Delhi, Feb 3 (SocialNews.XYZ) The government’s drive to boost efficiency in the logistics sector, which is critically linked to the growth of trade and economic activities, is undoubtedly a positive move that will eventually…
By Venkatachari Jagannathan Chennai, Feb 3 (SocialNews.XYZ) Rolling out 400 Vande Bharat Express trains is about Rs 40,000 crore of business coupled with jobs and other spin-off benefits, said senior officials –present and past –…
New Delhi, Feb 3 (SocialNews.XYZ) The Union Budget gains applause for digitalization of education and making it accessible at the grassroots level. Still, many believe more could have been done to elevate the quality of…
By Sanjeev Sharma New Delhi, Feb 2 (SocialNews.XYZ) An estimation of decadal tax buoyancy (total tax revenue and other individual tax revenues) using double log model reveals that tax buoyancy of total tax revenue and…
New Delhi, Feb 2 (SocialNews.XYZ) The Finance Bill 2022 has proposed to cap the surcharge on long-term capital gains (LTCG) at 15 per cent. While such surcharge is already fixed at 15 per cent for…
Hyderabad, Feb 2 (SocialNews.XYZ) The Union Budget 2022-23 came as a big shock for Telangana as all its demands for additional funds and new projects were ignored. The budget speech of Finance Minister Nirmala Sitharaman…
By Sanjeev Sharma New Delhi, Feb 2 (SocialNews.XYZ) The budget has tried to plug the incentives for bonus and dividend stripping. This can change the behaviour of a certain class of investors. Union Budget 2022-23…
By Sanjeev Sharma New Delhi, Feb 2 (SocialNews.XYZ) Measures to boost private consumption are limited in the Union Budget. Personal income tax related measures such as tax cuts, hike in standard deduction, and higher MGNREGA…