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Articles for Economy

Himachal Pradesh Planning To Roll Freebies Back Amid Financial Struggle

The Chief Minister of the state Sukhvinder Singh Sukhu stated that the government is reviewing the subsidies being given to the people of the state

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Petrochemical Sector Grapples With Supply Overhang Amid Sluggish Demand

As per the report, the operating rates of petrochemical companies have been facing pressures due to sizeable capacity expansions, especially in the Asian regions

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Govt To Use Digital Bharat Nidhi Funds For Telecom Expansion

Union Minister of Communications Jyotiraditya M Scindia described the new rules as the reflection of the government's commitment to ensure equal access to telecom services and strengthen India's mission towards Viksit Bharat (Developed India)

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GST Collection Has Shown Buoyancy, Growth Since Its Inception: Experts

The economic experts pointed out that the decline on a month-on-month growth basis is not an appropriate way of looking at the numbers given the buoyancy in both direct and indirect taxes

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While India's FDI Share In GDP Declines, Services, Industrial Corridors Benefit

The highest FDI continues to flow in the services sector, followed by manufacturing (excluding computer hardware)

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GST Collections In Aug Rise 10% YoY At Rs 1.74 Lakh Cr

In August 2023, the total collection was to the tune of Rs 1.59 lakh crore

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High Cost, Hard Labour: Handloom Weavers Seek Govt Support, Stability

Handloom workers face significant challenges, including high production costs, a niche consumer base, limited career prospect and ineffective marketing

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Bridging Financing Gap: How Targeted Lending Helping India's Women-led MSMEs

In India, many women-led MSMEs lack sufficient collateral to secure loans, making it difficult for them to meet the stringent requirements of formal financial institutions

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India's Economy Resilient As Air, Rail, Port Traffic Rise In July

This growth follows a period of slowed expansion over the previous nine months, primarily due to elevated airfares and limited capacity additions

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India's Foreign Exchange Reserve Touches Fresh High Of $681.7 Bn

India's forex reserves saw a cumulative decline of USD 71 billion in 2022

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