UPSC News | Economy

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  • | The Hindu
  • | The Hindu
  • Latest News , Latest News Live and Breaking News Today | Frontline

The acquisition is the first step for TII and PI to initiate a medtech platform to design, manufacture and distribute innovative medical products at affordable price points. [...]

MSMEs not static, but growing in size, asserts Finance Ministry

Ministry cites Udyam portal data, but less than a quarter of MSMEs registered on it, say industry representatives [...]

Reliance Industries names new chief financial officer

Srikanth Venkatachari takes over from Alok Agarwal, who has been Reliance Industries CFO since 2005 [...]

A changing scenario on the cards  

A burgeoning industry of ‘games of skill’ like poker and rummy is making successful celebrities of some players and leaving some others in financial ruin. Aroon Deep speaks to players on both ends of the spectrum amid changing jurisprudence on games of ‘skill’ and of ‘chance’   [...]

Airtel pips Jio in 5G roll-out, reaches 500 cities

Airtel said that it is adding 30-40 cities on its 5G network daily. [...]

Accenture to cut 19,000 jobs, trims forecasts

The company expects annual revenue growth to be in the range of 8% to 10% in local currency, compared to 8% to 11% expected previously. [...]

Kiran Mazumdar-Shaw retires from Infosys Board; Sundaram is Lead Independent Director

Kiran Mazumdar-Shaw was appointed to the Infosys Board as an Independent Director in 2014, and as Lead Independent Director in 2018. [...]

Maruti Suzuki to hike prices of model range from April

The company continues to witness increased cost pressure driven by overall inflation and regulatory requirements, the auto maker said in a regulatory filing. [...]

Former IDBI GM conspired with Vijay Mallya over short-term loan to Kingfisher Airlines: CBI

As per the charge sheet, former IDBI Bank general manager Buddhadev Dasgupta abused his position, conspired with colleagues and Vijay Mallya in the matter of sanction and disbursement of short-term loan of ₹150 crore to Kingfisher Airlines in October 2009. [...]

Debt MF tax: Fund houses woo investors for one last week

Some AMCs are urging clients to invest in hybrid funds before March 31 since the change in tax treatment is set to start from April 1 [...]

Finance Bill 2023 was approved with amendments. Here are the highlights

Here are the key highlights of the Finance Bill 2023 which was passed in the Lok Sabha today [...]

Government hikes securities transaction tax on futures, options contracts

The STT for futures has been hiked to 0.0125% from 0.01%, a source said [...]

India to buck global slowdown, maintain pace of expansion: RBI officials

Consumer price inflation remains high and core inflation continues to defy the distinct softening of input costs, officials write in an article on State of the Economy in March RBI Bulletin [...]

Tax demands on black money parked abroad cross ₹15,000 crore

Demands for tax on undisclosed income overseas in first nine months of current fiscal slowed to ₹2,098 crore, from ₹ 7,055 crore in FY21 and ₹5,350 crore in FY22, Finance Ministry reply to Rajya Sabha shows [...]

Top 22% firms remit 90% of GST kitty, says Union Finance Minister Nirmala Sitharaman

Nirmala Sitharaman dismissed an Oxfam report’s conclusions that richest companies contribute meagre to the GST kitty. [...]

Analysis | As India's population booms, where are its working women?

India is set to become the world's most populous country in April 2023, but despite the booming economy, female workforce has shrunk and women-friendly jobs are in short supply [...]

Free market and equal rates of investment: no longer beggaring belief

A recent study published in The Economic Journal tries to put an end to the age-old debate between traditional and behavioural economists, of whether a free market economy enables healthy competition or abnormal profits for certain businesses [...]

Europe's bank bonds battered after Credit Suisse debt wipeout

Under the Swiss rescue deal, 16 billion Swiss francs’ worth of Credit Suisse’s bonds will be written down to 0 [...]

No direction on loading ₹2,000 notes in ATMs: Nirmala Sitharaman

The Finance Minister also said total amount of the Central government debt/liabilities is estimated at about ₹155.8 lakh crore (57.3% of GDP) as on March 31, 2023. [...]

Congress cries foul as Rahul Gandhi is disqualified as MP

Party stalwarts decry “anti-democratic” move to silence their leader. [...]

Kausar Jahan’s appointment as Delhi Haj panel chief stokes debate

While the BJP claims it is genuine women’s empowerment, others claim it is just a token gesture. [...]

Surat court sentences Rahul Gandhi to two years’ prison in 2019 defamation case

Congress leader’s lawyer says judgment cannot sustain scrutiny of higher courts. [...]

Editor’s Note: Why a once flourishing Punjab is now floundering

A look at the many issues plaguing this troubled State, including the swift rise of Amritpal Singh. [...]

‘Not many takers for Khalistan in Punjab’: Kanwar Sandhu

Interview with the former MLA of the Aam Aadmi Party. [...]

Data Card | The rot within: Punjab reeling under a host of problems

A miasma of problems looms over Punjab’s agricultural and industrial success. [...]

Cry for Khalistan: Does it signal a fresh phase of militancy in Punjab?

Amritpal Singh could burst on the Punjab scene because of a clear vacuum in political space. [...]

What Khalistan means for the Sikhs of Punjab

When Partition was imminent, the uncertainty faced by the Sikhs first took the shape of Sikhistan. [...]

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