The latest revenue numbers hold promise — for the fiscal health of the states and the Centre — for welfare spending and most importantly, for the possibility of moving towards a lower rate regime
After two years of declining returns, a key question troubling Indian savers and pensioners is – are deposit rates going up anytime soon? The answer is no. In fact, rising inflation could further eat into returns in the months ahead. As of this past February, a one-year term deposit fetched an average 5.20 per cent […]
The move by capital market regulator has dramatically raised the standards for investor protection
It is abundantly evident that the ongoing vaccination drive needs to be expanded rapidly to inoculate India’s economy
The move will help Aam Aadmi and soften inflation
J&K Bank is no ordinary financial institution. It is the only bank in India where the major shareholder is a union territory (earlier state) government
Truthful economic data creates better and enduring trust in policy making and sends a signal to all economic agents that the government means business
Any long-term recalibration of the price Indian fuel consumers pay is unlikely given the dependence of state revenues on this form of taxation
More than any other measure and specific policy move, the fact that there has been no material change on the direct taxes front has boosted sentiments
Finance Ministry officials reviewed the practice in the run-up to the recent Budget