Economy

Generally, the momentum for prices is higher in the first half of the financial year. The retail inflation trajectory faces risk if monsoon turns out to be “weak”, as the.

The RBI’s monetary policy statement for June has pegged the first quarter growth at 7.3%, and the entire FY25 growth at 7.2%. Current high-frequency indicators of economic activity suggest that.

Industry is looking at discussions during the GST Council meeting on the revival of a plan to restructure the complex multiple-rate tax structure, with GST revenue having already risen significantly..

The MSP for paddy was fixed at Rs 2,183/quintal for the last kharif season, which was up 7% on year. The Cabinet on Wednesday approved increases in the range of.

In the interim budget, the government set a goal of raising Rs 50,000 crore through divestment, monetisation of public assets, and capital receipts for the financial year 2024-25. As the.

Of the Rs 1.3 trillion capex support provided for states in the interim budget for FY25, Rs 55,000 crore in untied capex loans, rolled out from April 1. The Centre.

Anti-profiteering mechanism only till FY25-end The Goods and Services Tax (GST) Council on Saturday announced several steps to ease the compliance burden of taxpayers and reduce litigation, tweaked the rates.

The rise in outward shipments of goods in May was the highest since February (11.9%), and was much above the subdued trend seen most of the recent months, but it.

Khare asserted that the government would take all necessary measures to boost domestic availability and keep retail prices under check. Price of pulses, which had been at elevated levels over.

There is a hope that inflation in food articles is expected to rationalize by September/October 2024 on the back of a prediction of a normal monsoon, though the uneven distribution.