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“Nearly 50% of a household’s spending is toward food, future data will determine where rates will move. We have confidence that inflation will fall and come around 4%, but for this year, average CPI inflation rate is 4.5%, There are a lot of uncertainities to account for right now.” Source link [ad_3]
Gita Gopinath of the International Monetary Fund (IMF) has flagged a downside risk of climate change to the Indian economic outlook and called for “a lot of action” on this front. In an interview to NDTV, Ms Gopinath noted how climate change is hurting growth and spoke on job creation in the country. “In terms…
While the world’s economies were slowing, India’s economy was growing. Kenneth Rogoff, Economics Professor at Harvard University discusses with NDTV’s Gaurie Dwivedi, how the new reforms announced in the Budget will help India attract big global investments. Source link [ad_3]
INDIA bloc leaders staged protests in and outside Parliament today against what they describe as “discrimination” against opposition-ruled states in the recently unveiled Union Budget. Both the Rajya Sabha and the Lok Sabha began on a stormy note after Opposition MPs protested against the Budget. Finance Minister Nirmala Sitharaman, speaking in Rajya Sabha, said “can’t…
INDIA bloc parties will stage protests in and outside Parliament today against what they describe as “discrimination” against opposition-ruled states in the recently unveiled Union Budget. Source link [ad_3]
The government will abolish the “angel tax” for all classes of investors, Finance Minister Nirmala Sitharaman announced in her Union Budget 2024 speech today. Source link [ad_3]
Finance Minister Nirmala Sitharaman today announced that the government will give one-month’s salary to all the new employees entering the workforce. The amount will be provided to the employees as Provident Fund contribution. “The scheme is meant for all persons entering the workforce in all sectors. It will benefit 210 lakh youths,” Ms Sitharaman said…
Before presenting her 7th consecutive budget, the finance minister visited president Draupadi Murmu who fed her ‘dahi cheeni’. This year’s budget presentation replaces the iconic ‘bahikhata’ of the finance minister with a tablet, highlighting the Modi government’s focus on digital growth. Finance Minister Nirmala Sitharaman will present her seventh consecutive Budget today – Tuesday,…
NDTV gets you an in-depth analysis of the Economic Survey and what the big picture for India’s economy on jobs, growth and inflation looks like in a comprehensive discussion with economists ahead of Budget 2024 Sakshi Bajaj speaks to experts on what the spotlight must be on. Source link [ad_3]
India’s total employment stood at 643.3 million in 2023/24 (Representational) The Reserve Bank Of India said on Monday that India added 46.7 million jobs in the fiscal year ended March, far exceeding numbers in private surveys that point to high unemployment rates. The employment growth rate was 6% in 2023/24 versus 3.2% in 2022/23, the…