Decrease reliance on capex-driven progress The interim Price range in early February introduced a ₹11-lakh-crore capex plan for FY24-25. To construct expectations on the capex entrance from the Modi authorities’s third time period, it’s price noting the tempo of capex within the final 5 years in comparison with the primary time period of this authorities. … Read more
Cement firms have been hit laborious within the June 2022 quarter, with mixture income for listed gamers falling about 22 per cent yr on yr. Whereas fairly good quantity development and worth will increase helped mixture gross sales develop 24 per cent yr on yr, value pressures, particularly from rise in energy and gas prices, … Read more
The Parliamentary Standing Committee on Rural Improvement and Panchayati Raj has really helpful elevating wage charges on the earliest below the flagship Mahatma Gandhi Nationwide Rural Employment Guarantene Scheme (below MGNREG Act). It has additionally requested the ministry to discover the feasibility of revising the bottom 12 months and base price of the MGNREGA wage. … Read more
Finance Minister Nirmala Sitharaman is more likely to step up efforts to spice up consumption and rural financial system whereas maintaining inflation below verify when she presents her sixth straight Price range on February 1. Additionally learn: Interim finances could set fiscal deficit goal at 5.3-5.4% Consultants stated one solution to increase consumption is to … Read more