Economy - India Daily Digital

Budget has betrayed middle and salaried class, says Congress

Finance minister Nirmala Sitharaman disappointed Biharis by not saying anything on our demand of granting special status to Bihar, he added…reports Asian Lite News After Finance Minister Nirmala Sitharaman did not announce

February 1, 2022

Business·Economy·India News

Budget 2022: Sitharaman hails India’s strong resilience

The Finance Minister said that India’s economic growth in the current year is estimated to be 9.2 per cent, the highest among all large economies….reports Asian Lite News Presenting the Union Budget,

February 1, 2022

Economy·India News

India fourth largest forex holder in world

India’s salient external sector sustainability indicators are strong and much improved as compared to what they were during the global financial crisis or taper episode of 2013…reports Asian Lite News As of

January 31, 2022

Business·Economy·India News

Service sector rebounds amid pandemic threats: Economy Survey

During the first half of 2021-22, the services sector received over $16.7 billion FDI accounting for almost 54 per cent of the total FDI inflows into the country…reports Asian Lite News The

January 31, 2022

Business·Economy·India News

Health sector expenditure up 73%: Economic Survey

During the last five years, social services accounted for about 25 per cent of the total government expenditure (Centre and states taken together). In 2021-22 (BE), it was 26.6 per cent…reports Asian

January 31, 2022

Business·Economy·India News

India’s BoP surplus hits $63.1 bn in H1FY22: Economic Survey

It said that inflows augmented foreign exchange reserves crossing the milestone of $600 billion….reports Asian Lite News Robust capital flows into India resulted in an overall balance of payments (BoP) surplus of

January 31, 2022

Business·Economy·India News

Budget through the history of independent India

The current Union Finance Minister Nirmala Sitharaman is a woman, but before her another woman leader has presented the budget of India in the Parliament…reports Santosh Kumar Pathak The history of India’s

January 31, 2022

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Economic Survey pegs growth at 8 to 8.5% for new financial year

According to the Survey, the supply-side reforms undertaken by the government in the last two years include deregulation of numerous sectors, simplification of processes, removal of legacy issues like ‘retrospective tax’, privatisation,

January 31, 2022

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What to expect from Union Budget

Union Budget is expected to focus on employment generation, increase in limits for basic tax exemption, standard deduction, medical expenses, rationalisation of tax rates and certain social security investments, reports Asian Lite

January 30, 2022

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Nadella, world’s top CEO, TikTok fastest growing brand

The top 10 of the Brand Finance ranking is dominated by CEOs (referred to repeatedly as brand guardians) from the tech and media sectors…reports Nikhila Natarajan The Brand Finance Brand Guardianship Index

January 27, 2022

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