Category: Economy
FM Sitharaman says Government open to hear investor concerns on LTCG, STCG taxation
New Delhi: Union Finance Minister Nirmala Sitharaman on Monday said the government is willing to listen to concerns raised by stock market investors regarding the…
India proposes broad revamp of industrial output index ahead of new series
New Delhi: India’s statistics ministry has proposed changes to the way it calculates the monthly industrial output, including expanding sector coverage and adopting a chain-linked…
FM asks lenders to go beyond standard loans, design credit repayments around biz cycles
Mumbai: Union Finance Minister Nirmala Sitharaman urged banks to go beyond standard loan products and design such offerings where repayments are structured around the unique…
Infra projects see cost overrun of Rs 5.65 lakh crore in April
New Delhi, Infrastructure projects worth above Rs 150 crore each registered a cumulative cost overrun of Rs 5.65 lakh crore, according to a monthly government…
RBI to examine role of quantum technology in strengthening financial sector
Mumbai: The Reserve Bank on Monday announced the setting up of an eight-member expert committee to explore and evaluate the potential benefits, risks and challenges…
Adequate availability of fertilisers for upcoming Kharif sowing season: Govt
New Delhi: The Centre on Monday asserted that there is adequate availability of fertilisers in the country to meet the demand of soil nutrients during…
PSU closure: Govt sets in motion new move after years wasted in stop-start process
The Centre has turned up the pressure on ministries to accelerate the shutdown of loss-making public sector enterprises, as progress on winding up unviable state-owned…
West Asia conflict may dent India Inc profitability by 200 bps: Crisil
A prolonged conflict in West Asia could shave nearly 200 basis points off India Inc’s operating profitability this fiscal, even as overall corporate credit quality…
India’s AI boom could turn data centres into the next big infrastructure race: KPMG
India’s total data centre sector revenue is projected to reach approximately $45.69 billion by 2033, driven by rising AI workloads, cloud adoption and data localisation…
The three Fs that Sitharaman flagged as India braces for a widening global oil shock, forex strain
Finance Minister Nirmala Sitharaman on Monday called for sharper focus on what she termed the three “Fs” — fuel, fertiliser and foreign exchange — amid…