Refunds, advance tax dip: Net direct mop-up down 1.4% to Rs 4.6L crore
Gross direct tax collections saw a modest increase of under 5% up to June 19, with advance tax receipts growing at a muted 3.9%, signaling ...
NTPC fundraising: Board clears Rs 18,000 crore bond, NCD plan; postal ballot to follow
NTPC Ltd’s board has approved raising up to Rs 18,000 crore through non-convertible debentures or bonds via private placement in the domestic market. The fundraising ...
Report: India’s economic rise must now translate into individual prosperity
India’s GDP has surged globally, yet per capita income lags, prompting a call for inclusive growth. A Llama Research report emphasizes shifting focus from macro ...
Net direct tax collections dip 1.39% despite 5% rise in gross mop-up – Here’s why
India’s net direct tax collections experienced a slight decrease of 1.39% to Rs 4.59 lakh crore due to a significant surge in refund issuances, which ...
Forex boost: India’s reserves climb by $2.29 billion to $698.95 billion; led by gains in foreign currency assets and gold
India’s foreign exchange reserves climbed by $2.294 billion to reach $698.95 billion in the week ending June 13, according to RBI data. This increase follows ...
Middle-East trade: India Inc faces limited impact from Iran-Israel conflict so far, says CRISIL
CRISIL Ratings reports that the Middle East conflict’s impact on Indian companies’ global trade is currently limited due to small direct trade volumes with Israel ...
India readies 4-pronged trade deal strategy
India is implementing a four-pronged strategy for Free Trade Agreements, prioritizing developed economies like the US and EU, mineral-rich nations such as Australia and Chile, ...
India strengthens economic ties with G7: Boost in high-tech, pharma exports; Canada is only exception
India’s trade with the G7 nations has experienced substantial growth, reaching $248 billion in FY25 with a 13% CAGR since FY21. Exports to the G7 ...
Crude surge pressures India’s FY25 CAD target, UBI says every $10 rise in oil may widen deficit by $15 billion, FY26 gap seen at 1.2% of GDP
Union Bank of India (UBI) projects India’s current account deficit (CAD) may face pressure in FY25 due to rising global crude prices. A $10 increase ...
India’s GDP growth to exceed 6.5% in FY26, says Icra; rural demand and tax relief seen driving momentum
ICRA projects India’s real GDP growth to exceed 6.5% in FY2025-26, with real GVA growth surpassing 6.3%. Rural demand, tax relief, and lower EMIs are ...
