Former Finance Minister P Chidambaram on Tuesday threw his weight behind the suggestion offered by some…
Category: Economy
Indian Economy’s Sharpest Drop Ever – 23.9 %
By Arijit Nayak India’s GDP shrank by the steepest ever 23.9 per cent in the April-June…
Centre in no position to pay GST dues to states: Report
The Central government is in no position to pay the Goods and Services Tax (GST) share…
Long-lasting Global Recession Likely Due to Covid-19, Warns World Economic Forum Report
Risk managers expect a prolonged global recession as a result of the coronavirus pandemic, a report…
Nifty, Sensex Fall as Economic Package Fails to Impress; Reliance Rises
Indian shares slipped on Monday as investors were unimpressed by the government’s economic relief measures and…
Gold Jumps to Highest Since October 2012 on Dismal US Data; Palladium Surges
Gold rose over 1% on Monday to its highest in more than seven years as dismal…
India Will Experience its Deepest Recession Ever With 45% Fall in Second Quarter: Goldman Sachs
Goldman Sachs is anticipating that India will witness its worst recession yet as its data pointed…
Govt announces Rs 50,000 cr Fund of Funds to boost MSMEs
Union Finance Minister Nirmala Sitharaman on Wednesday announced that the government will infuse Rs 50,000 cr…
TDS on non-salary income reduced by 25%, last date for returns extended
The government will reduce the tax deducted at source for non-salaried income by 25 per cent…
Employers, employees contribution to EPF reduced to 10%, announces FM Sitharaman
Union finance minister Nirmala Sitharaman on Wednesday announced the statutory provident fund or PF contribution of…