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Economy

India GDP estimated at Rs 147.5 lakh crore in FY22, says Minister Pankaj Chaudhary

India GDP estimated at Rs 147.5 lakh…

New Delhi, Feb 8 (KNN) India's gross domestic product (GDP) is projected to grow at 9.2 per cent to Rs 147.5 lakh crore in 2021-22, said Minister…

Dumping will be refrained but maintaining price level for MSMEs is important: FM Sitharaman

Dumping will be refrained but maintaining price…

New Delhi, Feb 7 (KNN) Dumping is not what we want but maintaining affordable prices for micro, small and medium enterprises (MSMEs) is essential, Finance…

Budget 2022-23 will be more directional with long-term growth, says Goyal

Budget 2022-23 will be more directional with…

New Delhi, Feb 7 (KNN) On February 1, the government presented a budget with no tax increases and thus no new revenue generation measures but chose…

RBI likely to leave policy rates unchanged till April: Report

RBI likely to leave policy rates unchanged…

New Delhi, Feb 5 (KNN) The RBI's rate-setting panel Monetary Policy Committee (MPC) will begin its deliberations on Monday and announce the policy moves…

39 towns have been recognized as Towns of Export Excellence under the Foreign Trade Policy

39 towns have been recognized as Towns…

New Delhi, Feb 5 (KNN) The central government has given the tag of 'Town of Export Excellence (TEE) to 39 towns under the Foreign Trade Policy (FTP)…

MSMEs still need support for 2 years, concessional tax rate of 15% extended till March 2024: Revenue Secretary

MSMEs still need support for 2 years,…

New Delhi, Feb 5 (KNN) The government wants new domestic companies to set up their manufacturing units in India fast and hence the concessional tax rate…

Bank credit to MSEs grew by 9.1% in Dec 2021: RBI data

Bank credit to MSEs grew by 9.1%…

New Delhi, Feb 3 (KNN) The bank credit to micro and small enterprises (MSEs) on year-on-year (YoY) has increased after consecutive negative growth for three…

Digital Rupee can be exchanged for cash; wiill open new fintech opportunities: PM

Digital Rupee can be exchanged for cash;…

New Delhi, Feb 3 (KNN) Prime Minister Narendra Modi has said the digital rupee, proposed in the union budget, could be exchanged for cash and will open…

Union Budget: Concessional rate dumped, foreign dividends now under tax ambit

Union Budget: Concessional rate dumped, foreign dividends…

New Delhi, Feb 2 (KNN) Concessional rate of tax on dividends received by Indian companies from foreign subsidiaries will be done away with from April 1,…

Engineering sector to benefit as low customs duty on steel scrap to help MSMEs extended: MVIRDC World Trade Center

Engineering sector to benefit as low customs…

New Delhi, Feb 2 (KNN) The continuation of low customs duty on steel scrap will ensure cheap availability of raw material for MSMEs, especially in…

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