ECONOMY
The federal government on Tuesday proposed slashing import obligation on cellphones, chargers and a few elements which might be used for manufacturing of handsets within the Union Funds for fiscal 12 months 2024-25. Finance Minister Nirmala Sitharaman stated with a three-fold improve in home manufacturing and virtually 100-fold bounce in exports of cellphones during the … Read more
Finance Minister Nirmala Sitharaman on Tuesday referred to as on President Droupadi Murmu earlier than presenting the complete Finances for 2024-25. As per established custom, the finance minister met the President on the Rashtrapati Bhavan earlier than heading to Parliament. President Murmu provided ‘dahi-chini’ (curd-sugar), thought of auspicious, to Sitharaman earlier than she left for … Read more
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The economic system might want to generate a mean of about 78.5 lakh jobs yearly till 2030 within the non-farm sector to cater to the rising workforce, the Financial Survey 2023-24 estimates. It additional added that to create these many roles there’s a must create the circumstances for “sooner progress of productive jobs outdoors of … Read more
Authorities has elevated give attention to growth of nationwide highways (NHs), with the development tempo rising by round thrice between FY14 and FY24. Nevertheless, buildings arising alongside NH stretches are impacting the laying of parallel roads and bypasses, stated the Financial Survey. The event of expressways and corridors, together with the adoption of transformative initiatives … Read more
The Financial Survey has really useful retaining delicate commodities comparable to rice, wheat and most pulses exterior the ambit of the futures market till the markets are developed and the regulator has a better diploma of consolation in diversifying the portfolio. The agriculture futures market ought to deal with much less delicate commodities comparable to … Read more
Elevated arrivals had their impression on tea costs at Coonoor auctions with a reported decline in choices throughout varieties. In line with merchants, the public sale platform is witnessing a declining pattern within the wake of improved manufacturing. Nevertheless, they cautioned that the current unfavourable local weather with heavy winds and rains throughout plantations is … Read more
Union Finances 2024 Expectations Dwell Updates: Pre-budget expectations from varied sectors pour in. Discover right here all updates on Finances-related information. ALL UPDATES Feedback SHARE Copy hyperlink Electronic mail Fb Twitter Telegram LinkedIn WhatsApp Reddit Printed on July 22, 2024 #Finances #Expectations #Dwell #anticipate #Finances #taxpayer
Stakeholders within the farm sector, equally vital in making certain a sturdy harvest and higher costs, are questioning if Finance Minister will announce one thing new or tweak some taxes/charges to prop up development. businessline compiled some expectations from key gamers within the farm sector. Anuj Kumbhat, founder and CEO of WRMS, a local weather … Read more
Helped by 7 per cent surplus rains this month, monsoon has recovered from the 11 per cent deficit of June because the countrywide seasonal rainfall to date since June 1 has reached 99 per cent of its lengthy interval common (LPA). Amongst main agricultural states, Bihar, Jharkhand, Punjab and Haryana are poor, whereas as many … Read more