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होम » Breaking Briefs

Breaking Briefs

Reforms continuing, DEA hopeful of 7% growth in FY25

Finance ministry said education, health, energy security and lowering the burden of compliance burden for small businesses will be the focus of future reforms
Flat sizes up 11% in top 7 cities in 2023

The data showed that average flat sizes in the top 7 cities rose to 1,300 square feet last year from 1,175 square feet in 2022
RBI, Govt working on CBDC for payments abroad

CBDC is being issued in the same denominations as the paper currency and coins and is being distributed through banks
Spiritual fervour to generate jobs, tourism interest

Religious fervour could breathe new life into the economy of pilgrimages such as Varanasi, Puri, Mathura, Tirupati, Amritsar, Vaishno Devi and Shirdi
Govt allows direct listing of Indian cos on international exchanges of GIFT IFSC

At present, the framework allows unlisted public Indian companies to list their shares on an international exchange
Crude below $80 a barrel: Pre-poll relief in the works?

The government can afford to bring down retail prices of petrol and diesel that will directly cool inflation as well as immediate relief to the pocket of the average citizen
More tax breaks likely for NPS

The government may make the National Pension System (NPS) more attractive by extending tax concessions on contributions and withdrawals especially for senior citizens above 75 years.
GoI hikes Gold, silver coins, jewellery prices

In last one year, prices of 24 carat gold has gone up by 9 per cent from Rs 57,240 per 10 grams to Rs 62,400 per 10 grams.
19 cos waiting for nod to enter insurance business

The insurance regulator wants tech-first companies to have a bigger play in the sector to help it in achieving its goal of insuring every citizen by the 100th anniversary of Independence
Finmin may go for 5.3% fiscal deficit in FY25: Economists

Eight of the projections by forecasting agencies expect the fiscal deficit goal to be 5.3% of the GDP

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