Tag: Capital

India's production incentive scheme draws $6.54 bn in investments- Statement
Posted in Economy

India’s production incentive scheme draws $6.54 bn in investments- Statement

A key Indian government scheme designed to spur local production has drawn investments totaling 535 billion rupees ($6.54 billion) till December 2022, a trade ministry…

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Credit growth momentum may moderate to 10 pc in FY24, report suggests
Posted in Economy

Credit growth momentum may moderate to 10 pc in FY24, report suggests

India’s credit growth momentum is waning and the crucial non-food loans growth is likely to slip to 10 per cent in FY24 from more than…

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India can obviate foreign capital for growth with proper allocation of savings: Expert
Posted in Economy

India can obviate foreign capital for growth with proper allocation of savings: Expert

India has enough domestic resources to fund its growth without relying on foreign capital, but it needs to allocate savings more prudently rather than unproductive…

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india economic activity fy24: India's economic activity likely to move to a lower gear in FY24: Report
Posted in Economy

india economic activity fy24: India’s economic activity likely to move to a lower gear in FY24: Report

India‘s economic activity is expected to decline and witness a lower growth print in FY24 on the back of a buoyancy in the services sector,…

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Income Tax Department: No proposal before govt for overhaul of capital gains tax, clarifies I-T dept
Posted in Economy

Income Tax Department: No proposal before govt for overhaul of capital gains tax, clarifies I-T dept

The Income Tax Department of India stated on Tuesday that there is currently no proposal before the government regarding the capital gains tax. “It is…

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Apple India manufacturing: Apple triples India iPhone output to $7 billion in FY23
Posted in Economy

Apple India manufacturing: Apple triples India iPhone output to $7 billion in FY23

Apple Inc. assembled more than $7 billion of iPhones in India last fiscal year, tripling production in the world’s fastest-growing smartphone arena after accelerating a…

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rbi pre approved credit: Now avail pre-approved credit on your UPI account, mandates RBI
Posted in Economy

rbi pre approved credit: Now avail pre-approved credit on your UPI account, mandates RBI

The Reserve Bank of India (RBI) has expanded the scope of the ubiquitous UPI by permitting pre-approved credit lines to be drawn through the facility….

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Samunnati fpo: Samunnati onboards first Farmer Producer Organisation (FPO) on TReDS, completes transaction worth Rs 3.5 cr
Posted in Economy

Samunnati fpo: Samunnati onboards first Farmer Producer Organisation (FPO) on TReDS, completes transaction worth Rs 3.5 cr

Open agri network Samunnati on Wednesday announced that it has onboarded its first Farmer Producer Organisation (FPO) on TReDS and completed a transaction of discounting…

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Indian states likely to fall short of spending targets, posing growth risk - Economists
Posted in Economy

Indian states likely to fall short of spending targets, posing growth risk – Economists

Twelve large Indian states, which have released their local budgets over the past few weeks and forecast aggressive spending growth in 2023-24, are likely to…

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gst: GST tribunal, InVITs among likely 60 changes to Finance Bill
Posted in Economy

gst: GST tribunal, InVITs among likely 60 changes to Finance Bill

The government is likely to move a slew of amendments on Friday to make changes to the taxation proposals announced in the budget to address…

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