India’s economic growth is set for a significant rebound, according to the Reserve Bank of India’s (RBI) latest bulletin. The central bank highlighted a positive trajectory for the nation’s economy, driven by resilient fundamentals, controlled inflation, and proactive policy
Singapore identifies investment prospects in India's rapidly growing economy, focusing on sectors like technology, infrastructure, and finance.
With growing global economic challenges and evolving market dynamics, calls have intensified for the Reserve Bank of India (RBI) to reconsider its approach to currency flexibility. Economists and market experts are advocating for a balanced strategy to enhance the rupee’s competitiveness while maintaining economic stability. The Case for a Flexible Currency Policy
The Goods and Services Tax (GST) cess collections for the current fiscal year are expected to fall short of the estimated Rs 1.37 lakh crore required for compensating states. This shortfall has raised concerns about fiscal sustainability for state governments relying on GST compensation. The Expected Shortfall According to recent estimates, while the GST cess […]
The Income Tax Department is set to correct errors in the ITR-2 and ITR-3 forms to allow eligible taxpayers to claim the Section 87A tax rebate for the financial year 2023-24. This move comes as welcome news for individual taxpayers who qualify for the rebate under specific income conditions but have faced difficulties due to […]
Gold prices soared in 2024, delivering an impressive 26% return to investors. The surge in the yellow metal’s value was fueled by persistent economic uncertainties, inflationary pressures, and geopolitical tensions that drove demand for safe-haven assets. As the year closed, gold prices settled around $2,100 per ounce, marking one of the strongest annual performances in
Foreign Portfolio Investors (FPIs) pulled out ₹1.2 lakh crore from Indian equities in 2024, making it the second-worst year for outflows in the last decade. The massive sell-off reflects global economic concerns, rising interest rates, and weakening investor sentiment in emerging markets like India. Key Drivers Behind the Outflows Several factors contributed to the
India Inc has put forward its expectations for the upcoming FY26 Union Budget, advocating for an increase in capital expenditure (capex) and reductions in tax rates. The corporate sector believes these measures are crucial to sustaining economic growth and boosting private investments. Focus on Capital Expenditure Corporate leaders have emphasized the need for the
In a move that could reshape judicial appointments in India, the Supreme Court Collegium is reportedly considering pausing recommendations for high court judges who are relatives of sitting or retired judges. This potential shift aligns with ongoing discussions about fostering transparency and meritocracy in the judiciary. Focus on Meritocracy and Transparency The decision
Union Minister for Communications Jyotiraditya Scindia and Finance Minister Nirmala Sitharaman held a crucial meeting to discuss the future of India Post. The discussions centered around strategies to achieve profitability for the government-run postal network while enhancing its efficiency and services. Focus on Financial Sustainability The meeting emphasized the need for