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Homec > Economy

Economy

Higher tax collection in Q1 shows economy on recovery path: Govt
Reasons for the increase in the tax collections include the revival of economic activities and positive sentiments among taxpayers.
Electric vehicles: Ola’s Bhavish Aggarwal counters Elon Musk and Hyundai
Bhavish's tweet assumes significance as Musk's statement on India's import duties being the highest in the world kickstarted the discourse.
India's GDP growth expected to be 8.8-9%: Care Ratings
GDP growth for the year (FY22) is expected to be 8.8-9% with GVA (gross value added) growth of 7.8%.
How digital transactions impact India's monetary aggregates
The increased use of digital money/pre-paid instruments has changed the composition of both reserve money as well as monetary base.
Centre’s stake sale in HUDCO opens on Tuesday
The sale of over 16.01 crore shares, or a total of 8% stake, would fetch around Rs 720 crore to the exchequer
MP and Rajasthan charge high VAT on auto fuel
Madhya Pradesh levies Rs 31.55 per litre VAT on petrol, which is the highest in the country, while Rajasthan charges Rs 21.82 per litre on diesel
FM says no plan to print currency to tide over Covid crisis
She said fundamentals of the economy remain strong and with gradual scaling back of lockdowns, the recovery will gain further steam
Government mulls privatisation of one of three general insurance companies
Finance Minister Nirmala Sitharaman in her Budget address in February had said that one general insurance company, along with two public sector banks
Spurt in demand for luxury cars despite Covid-19 blues
This surge in demand comes at a time when a shortage in semiconductors and shipping containers have impacted the production schedules of automakers ac
Petrol, diesel prices unchanged for ninth straight day
Petrol price today: Fuel prices differ from state to state depending on the incidence of local taxes such as VAT and freight charges

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