Economy Archives - Page 2 of 225

EditorNovember 29, 2022

With the debt recoverable rate going down to 30.8 per cent or Rs 243,452.5 crore (lenders foregoing 70 per cent of their admitted claims of Rs 790,626.2 crore), the number of cases admitted for Corporate Insolvency Resolution Process (CIRPs) has increased since the launch of the Insolvency and Bankruptcy Code in 2016, said CARE Ratings […]

EditorNovember 28, 2022

Rosneft has become the first Russian company to develop software that covers all the key oil and gas production processes. The Russian giant has been quite proactive in securing its technological independence. New Delhi, Nov 28,2022: Rosneft has become the first Russian company to develop software that covers all the key oil and gas production […]

EditorNovember 28, 2022

Rationalisation of income tax, fiscal consolidation, lowering of Customs duties, developing a mechanism for green certification to help micro small and medium enterprises (MSMEs) and introduction of an urban employment guarantee programme to boost employment generation in urban areas, are some of the key suggestions which Finance Minister Nirmala Sitharaman received over the past one […]

EditorNovember 28, 2022

Ten major trade unions of the country, including the AITUC, INTUC, CITU, HMS, LPF, SEWA and AIUTUC among others, on Monday boycotted their pre-budget consultations with Union Finance Minister Nirmala Sitharaman, citing lack of proper time given to them to put forth their demands before the Centre. New Delhi, Nov 28,2022: Ten major trade unions […]

EditorNovember 28, 2022

The Indian stock markets flared up on Monday with the Sensex of BSE and Nifty of NSE touching record highs. Chennai, Nov 28,2022: The Indian stock markets flared up on Monday with the Sensex of BSE and Nifty of NSE touching record highs. The Sensex of BSE on Monday touched a record high of 62,701.40 […]

EditorNovember 27, 2022

A high rate of inflation hurts the poor, hits demand for consumer goods and adversely impacts investment demand. SANJEEV SHARMA New Delhi, Nov 27,2022: A high rate of inflation hurts the poor, hits demand for consumer goods and adversely impacts investment demand. Sandeep Bagla, CEO, TRUST MF, said that it is widely believed that inflation […]

EditorNovember 26, 2022

Ten major trade unions of the country in a letter to Finance Minister Nirmala Sitharaman have threatened to boycott their pre-budget meeting scheduled for November 28, protesting lack of proper time to put forward their demands. New Delhi, Nov 26,2022: Ten major trade unions of the country in a letter to Finance Minister Nirmala Sitharaman […]

EditorNovember 26, 2022

State finance ministers on Friday reiterated their greater fund allocation demand during the pre-budget consultations with Union Finance Minister Nirmala Sitharaman. New Delhi, Nov 26,2022: State finance ministers on Friday reiterated their greater fund allocation demand during the pre-budget consultations with Union Finance Minister Nirmala Sitharaman. They also sought greater authority in implementation of central […]

EditorNovember 25, 2022

Haryana Chief Minister Manohar Lal Khattar on Friday asked Union Finance Minister Nirmala Sitharaman to give a special economic package to the state as 14 districts are included in the National Capital Region (NCR). New Delhi, Nov 25,2022: Haryana Chief Minister Manohar Lal Khattar on Friday asked Union Finance Minister Nirmala Sitharaman to give a […]

EditorNovember 25, 2022

Government has released Rs 17,000 crore towards the balance GST compensation for April-June period of the current fiscal. New Delhi, Nov 25,2022: Government has released Rs 17,000 crore towards the balance GST compensation for April-June period of the current fiscal. The total amount of compensation released to the states so far, including the aforesaid amount, […]

Category: Economy

‘Financial creditors forego 70% of Rs 7.90 lakh cr under insolvency resolution process’

Rosneft innovates for oil and gas industry

Rationalising income tax, lowering Customs duties among suggestions to Centre

10 major trade unions boycott pre-budget meeting with Sitharaman

Indian stock markets touch new heights on Monday

High inflation rate good for neither borrowers, nor investors

Trade unions threaten to boycott pre-budget meeting with Sitharaman

States seek greater fund allocation during pre-budget consultation

Haryana seeks special economic package

Government releases Rs 17,000 crore GST compensation to states

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