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Definition of 'virtual assets' the same as under Income Tax Act, includes cryptocurrencies and NFTs → Read More
India, as G20 President, was aiming for a communique, which is a stronger statement of intent → Read More
Ahead of the 2023-24 Union Budget, the thinking at the top level of the central government is clear: Gross domestic product (GDP) growth of 6-6.5 per cent is a comfortable enough target for FY24 and the focus should be on fiscal consolidation to ensure that the sovereign cost of borrowing does not become prohibitively expensive in a high-interest rate environment, according to people in the know. → Read More
The Finance Ministry is likely to stick to its internal fiscal consolidation roadmap → Read More
India economic growth: Industry seeks hold on interest rates from RBI → Read More
Budget 2023: PM Modi underscored 'Nari Shakti' as a key driver of India's growth → Read More
In a significant move, the Narendra Modi government on Friday made the distribution of foodgrain through ration shops as part of the National Food Security Act (NFSA) free for the almost 810 million beneficiaries, by merging certain benefits of the Pradhan Mantri Garib Kalyan Anna Yojana (PMGKAY) into the Public Distribution System (PDS). The Antyodaya Anna Yojana (AAY) beneficiaries (who are… → Read More
'Not necessary or healthy for public sector to keep expanding capital investment,' he says → Read More
Nageswaran flags climate finance as a key agenda of bloc in face of 'unknown unknowns' → Read More
Sabnavis said the progress till August shows that the government's accounts are on course compared with last year → Read More
Dear Reader, Business Standard has always strived hard to provide up-to-date information and commentary on developments that are of interest to you and have wider political and economic implications for the country and the world. Your encouragement and constant feedback on how to improve our offering have only made our resolve and commitment to these ideals stronger. Even during these difficult… → Read More
India poised to be world's fastest growing economy this year → Read More
Crop diversification discussed most extensively in NITI governing council meet → Read More
August 15, 2022, will mark the 75th year of India's independence → Read More
CPI inflation has been well within the Monetary Policy Committee's inflation targeting range of 4 (+/-2) percent since December 2020, except the months of May and June 2021, when it crossed the 6 percent mark. → Read More
Auto-component makers must have a minimum revenue of Rs 500 crore and Rs 150 crore fixed assets investment to be eligible for the PLI. → Read More
Addressing a media briefing after the cabinet meeting, Sitharaman said that the bill increases deposit insurance coverage and reduces the time taken for depositors to recover sums if a bank comes under financial stress. → Read More
The south-west monsoon hits Kerala on June 3, the first normal rainfall in three years after two above-average monsoon rains in the last two years. It is welcome news for an economy dented by a second 'wave' of COVID-19 cases → Read More
On April 19, the central government announced a major shift in its Covid-19 vaccination strategy. Moneycontrol takes a look at what these changes mean. → Read More
The Centre is considering easing NPA classification period to between 120-180 days from 90 days, thus making permanent a measure adopted during the pandemic and the nationwide lockdown, a top government official told Moneycontrol. The person added that such a move would require legislative changes. → Read More