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More measures are needed to weed out fake input tax credit (ITC) generators from the system for checking tax evasion and increasing GST revenues, CBIC member Sanjay Kumar Agarwal said on Wednesday. He said the government has taken various steps to tackle the menace of fake ITC claims and has already launched a special 2-month-long […]
India’s growth in the April-June quarter is expected to be driven by private consumption, supported by reviving rural demand, and renewed buoyancy in manufacturing, a Reserve Bank article said on Monday. The global economy is transfixed in the cross-currents of slowing growth and high inflation, and an uneasy calm prevails in the global financial markets […]
Union Minister Piyush Goyal on Sunday said Prime Minister Narendra Modi’s welfare schemes have ensured no family goes to sleep hungry. He was speaking at an event to lay the foundation stone of a mega textile park in Gandhwani, some 60 kilometres from here. It was also attended by Madhya Pradesh Chief Minister Shivraj Singh […]
Breadcrumb Trail Links PMN Business Author of the article: The Canadian Press Sammy Hudes Published May 18, 2023 • 3 minute read Join the conversation People pass the Bank of Canada building on Wellington Street in Ottawa, on Tuesday, May 31, 2022.The Bank of Canada says it is more concerned than it was a year […]
S&P Global Ratings on Thursday affirmed India’s sovereign rating at ‘BBB-‘ with a stable outlook saying strengths lie in a fast-growing economy and strong external balance sheet but flagged weak fiscal performance and low GDP per capita.It said the Indian economy is set for real GDP growth of about 6 per cent in 2023, which […]
India’s exports contracted by 12.7 per cent, third month in a row, to USD 34.66 billion in April even as the trade deficit reduced to a 20-month low of USD 15.24 billion, the government data showed on Monday. The decline in exports is mainly on account of poor demand in India’s key destinations — the […]
The free trade agreement between India and the UAE has transformed the partnership between the two countries by promoting two-way commerce at a healthy rate, an official statement said on Tuesday. The agreement came into force on May 1 last year. Addressing a business gathering in Dubai, Secretary in the Department for Promotion of Industry […]
Breadcrumb Trail Links News Economy Fewer people think they are worse off financially than last month More Canadians said they believed the national economy would strengthen over the next 60 days, according to the Maru poll. Photo by Peter J. Thompson/National Post Article content Canadians appeared to reach for some optimism regarding the economy and […]
Breadcrumb Trail Links News Economy For India and Canada to solidify their relationship, the will have to overcome several obstacles Get the latest from Naimul Karim straight to your inbox Sign Up People in a marketplace in Mumbai, India, on April 24. Photo by Rajanish Kakade/AP Photo Article content Indian Commerce and Industry Minister Piyush […]