Browsing: Economy

Finance Minister Nirmala Sitharaman announced several significant measures during the 53rd GST Council meeting held on Saturday, June 22, 2024.…

GST Council Plans Amendments to Exclude Extra Neutral Alcohol (ENA) from GST, Bringing Relief to Spirits Industry The GST Council…

In a potential relief for the online gaming sector, the Goods and Services Tax (GST) Council is expected to consider…

Advance tax collections for the period up to June 16 of FY25 have surged by 28 percent compared to the…

Inflation is a measure of the rate at which the general price level of goods and services in an economy…

India’s trade deficit expanded to $23.78 billion in May 2024, up from $19.1 billion recorded in the previous month of…

On June 7, Reserve Bank of India (RBI) Governor Shaktikanta Das suggested streamlining the regulations concerning the import and export of goods and services under the Foreign Exchange Management Act (FEMA) 1999.

Home loan interest rates and equated monthly installments (EMIs) will remain unchanged for borrowers as the Reserve Bank of India (RBI) decided to maintain the repo rate steady at 6.5 percent for the eighth consecutive time on June 7.

In its June monetary policy, the Reserve Bank of India (RBI) increased its real GDP growth forecast for FY25 to 7.2% from the previous 7%. This adjustment follows the robust GDP expansion of 8.2% in FY24, surpassing analyst expectations.

The Reserve Bank of India’s Monetary Policy Committee (MPC) has announced that the repo rate will remain unchanged at 6.5 percent, as stated by Governor Shaktikanta Das on June 7.