CATEGORIES

Threshold-based relief for MSMEs must have sunset clauses
Business Standard

Threshold-based relief for MSMEs must have sunset clauses

The threshold-based concessions and exemptions for the micro, small, and medium enterprises (MSME) sector create the unintended effect of incentivising enterprises to cap their sizes below the thresholds and therefore, must have sunset clauses, the Economic Survey 2023-24 said.

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2 mins  |
July 23, 2024
Business Standard

Chorus around rising retail interest in riskier derivatives gets louder

Survey says mkt claim on real economy 'excessively high', may lead to instability

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2 mins  |
July 23, 2024
Policies to play critical role in tackling 'inequality'
Business Standard

Policies to play critical role in tackling 'inequality'

India's policies on taxing capital and labour income are likely to play a crucial role in tackling inequality, according to the Economic Survey, presented on Monday.

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2 mins  |
July 23, 2024
CEA for more gap between NPA cycles
Business Standard

CEA for more gap between NPA cycles

Chief Economic Advisor (CEA) Anantha Nageswaran has urged the banking sector to take lessons from the previous financial downturn and focus on extending the duration between two non-performing asset (NPA) cycles.

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2 mins  |
July 23, 2024
Business Standard

Boost to PLI, MITRA schemes to unlock non-farm job growth

The Indian economy has to generate an average of 7.8 million jobs annually until 2030 in the non-farm sector to cater to the rising workforce, female participation in labour force, and labour shifting out of agriculture, the Economic Survey 2023-24 released on Monday said.

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1 min  |
July 23, 2024
Al poses both risks, opportunities for youth
Business Standard

Al poses both risks, opportunities for youth

The Economic Survey published on Monday cautioned on the advent of artificial intelligence (AI) and its impact on India's economy.

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2 mins  |
July 23, 2024
POST-PANDEMIC TREND Digitisation, diversification power services sector
Business Standard

POST-PANDEMIC TREND Digitisation, diversification power services sector

The rapid technology-driven transformaThe rapid technology-ice delivery and the diversification of India's services exports are two significant transformations that are reshaping India's services landscape, the Economic Survey 2023-24 said.

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2 mins  |
July 23, 2024
Business Standard

Employment generation is real bottom line for India Inc

Private sector Indian companies should pick up the job creation baton from the government and invest in new manufacturing capacities so that the country can 'complete its journey to Viksit Bharat by 2047', the Economic Survey said.

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2 mins  |
July 23, 2024
Business Standard

Developed world's climate plans in a fog, India's a clear blue sky

Calling it a tragedy, the Economic Csurvey has pointed to the gaping hole in the delayed climate action plans of developed nations and their pressure on poor developing nations to step up their carbon mitigation efforts.

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1 min  |
July 23, 2024
Multiple policies hurting farmer income
Business Standard

Multiple policies hurting farmer income

India may have to abandon the agriculture to industry and services as the economy matures for its food, physical, and economic security, the Economic Survey, tabled in Parliament on Monday, said.

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1 min  |
July 23, 2024
Growing exports to be stiffer challenge
Business Standard

Growing exports to be stiffer challenge

The Economic Survey on Monday cautioned that growing exports will be a \"stiffer challenge than before\" due to the risks of geopolitical tensions, rise in protectionism, higher trade cost because of the Red Sea crisis, and commodity price volatility.

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1 min  |
July 23, 2024
Business Standard

A curtain raiser for policies to come

The Economic Survey released on Monday projects growth for this financial year (FY25) at 6.5-7 per cent, which appears to be too conservative given the RBI projection of 7.2 per cent.

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3 mins  |
July 23, 2024
China puzzle: Great Wall to gateway
Business Standard

China puzzle: Great Wall to gateway

Survey bats for more FDI from China to tap export market

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2 mins  |
July 23, 2024
'Exclude food from inflation-targeting
Business Standard

'Exclude food from inflation-targeting

India's inflation-targeting food, as higher food prices are supply-induced and not a result of higher demand, the Economic Survey said while suggesting ways as to how markets can function in the interest of farmers.

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2 mins  |
July 23, 2024
Business Standard

Navigating energy transition with energy security

Energy, with its strong positive E correlation to every conceivable aspect of development, such as economic growth, access to education, improved health, availability of water, nutrition, infrastructure, and even life expectancy, can, as the phrase goes, 'move mountains'.

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3 mins  |
July 23, 2024
Business Standard

Reforms can induce over 7% growth

The Indian economy can grow at more than 7 per cent on a sustained basis in the medium term if the country can build on the structural reforms undertaken over the last decade and carry out next-generation reforms that are bottom-up in nature, the Economic Survey 2023-24, tabled in Parliament on Monday, said.

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2 mins  |
July 23, 2024
Business Standard

Home consumption's bill of entry can be substituted with one for warehousing

We have filed a bill of entry for home consumption but due to some financial difficulties, we are unable to pay the duty immediately.

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2 mins  |
July 23, 2024
Going to be a milestone Budget of Amrit Kaal: PM
Business Standard

Going to be a milestone Budget of Amrit Kaal: PM

Modi hits out at Opposition over protests during the special session

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2 mins  |
July 23, 2024
JSW Infrastructure eyes end-to-end logistics play
Business Standard

JSW Infrastructure eyes end-to-end logistics play

With a healthy ports business and neardouble-digit growth in cargo, JSW Infrastructure, the ports arm of the JSW Group, is looking to become a key player in inland logistics with an aggressive foray into port connectivity projects.

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2 mins  |
July 23, 2024
Business Standard

Hiremaths seek mediation in dispute with Baba Kalyani

The dispute between Hiremath siblings and their uncle Baba Kalyani, chairman of Pune-based Kalyani Group, took an interesting turn on Monday as Sameer Hiremath and his sister Pallavi Swadi submitted a proposal to the Pune civil court seeking mediation with their uncle to end the family dispute.

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1 min  |
July 23, 2024
'US will be bigger growth engine than Europe for us'
Business Standard

'US will be bigger growth engine than Europe for us'

The US, which has continued to grow at a consistent rate for the midcap information technology (IT) services and product engineering firm Persistent Systems, will be a higher growth engine than Europe and other regions, said the company's chief executive officer Sandeep Kalra.

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1 min  |
July 23, 2024
Business Standard

CCI sends 100 queries on RIL, Disney merger

Antitrust body Competition Commission of India (CCI) has asked Reliance Industries and Walt Disney around 100 questions linked to their $8.5 billion India media assets merger, including details on sports rights as it heightens its scrutiny of the deal, two sources told Reuters.

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1 min  |
July 23, 2024
Consumer durables inflation eased in FY24
Business Standard

Consumer durables inflation eased in FY24

In FY22 and FY23, clothing was a major driver of inflation

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1 min  |
July 23, 2024
'Not pessimistic but mindful of challenges'
Business Standard

'Not pessimistic but mindful of challenges'

Chief Economic Advisor (CEA) V ANANTHA NAGESWARAN on Monday said that he was upbeat but cautious about the growth prospects of India while projecting a 6.5-7 per cent gross domestic product (GDP) growth rate for 2024-25. The CEA, while addressing a press conference, called for policy interventions in the agriculture sector, bridging the job and skill gap, among other things. RUCHIKA CHITRAVANSHI and SHIKHA CHATURVEDI report

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1 min  |
July 23, 2024
Business Standard

Need to create 8 mn jobs a yr until 2036: Eco Survey

NUDGES PVT SECTOR ON JOBS, CAUTIONS ON AI | SEES GDP GROWING BY 6.5-7% IN FY25 | MAKES A CASE FOR FDI FROM CHINA

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3 mins  |
July 23, 2024
ITR: Avoid Mismatch Between TDS Claimed And Form 26AS
Business Standard

ITR: Avoid Mismatch Between TDS Claimed And Form 26AS

Report all sources of income, including dividend and interest earnings

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3 mins  |
July 22, 2024
WazirX breach: Calls for legal recourse grow louder
Business Standard

WazirX breach: Calls for legal recourse grow louder

Calls for stronger regulations and legal recourse for users to get back their funds have intensified after India's leading cryptocurrency exchange WazirX suffered a data security breach, leading to theft of digital assets worth $230 million.

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2 mins  |
July 22, 2024
A ray of hope for Indian biz in B'desh after top court order
Business Standard

A ray of hope for Indian biz in B'desh after top court order

Bilateral trade at a standstill, operations of Indian companies halted due to the turmoil

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3 mins  |
July 22, 2024
Business Standard

Can we bank on the Budget?

With a structural change in the ruling NDA, will the government be able to move on the bank privatisation front in this Budget?

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5 mins  |
July 22, 2024
Long road to ₹300 Arpu
Business Standard

Long road to ₹300 Arpu

With 5G yet to be monetised, expect many more increases in telecom tariffs

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4 mins  |
July 22, 2024