Curated by : Arindam Roy
We are much below revenue neutral rate in GST, says FM Sitharaman
Union finance minister Nirmala Sitharaman said goods and services tax is much below the revenue neutral rate."Revenue neutral rate has come down from 15.3 percent to 12.2 percent under GST in 2023," Sitharaman said.The minister also said the government wa...
1 month ago
IMEC to help cut India's reliance on some trade routes, boost maritime security, says Goyal
The India Middle East Europe Economic Corridor (IMEC) will bolster maritime security and cut New Delhi’s dependence on certain routes, commerce minister Piyush Goyal has said.“I am sure India Middle East Europe Economic Corridor will add to maritime secur...
1 month ago
Apple supplier Jabil plans Rs 2,000-cr electronics manufacturing plant in Trichy
Electronic component supply giant Jabil plans to invest Rs 2,000 crore to set up a manufacturing facility in Trichy, creating around 5,000 jobs in Tamil Nadu, according to a statement from the state government.The supplier to Apple, Cisco and HP inked an...
1 month ago
India has potential to grow at 7.5% or above, says RBI governor Das
India has the potential to grow at 7.5 percent or more, Reserve Bank of India (RBI) governor Shaktikanta Das has said, which is a little above the central bank's full-year forecast for 2024 of 7.2 percent."I think India's potential growth today... is abou...
1 month ago