Tag: India GDP

GST on UPI transactions: Government denies reports of levying GST on UPI transactions over Rs 2000 | India-Business News

Business
The government on Friday denied reports suggesting GST levying on UPI transactions exceeding Rs 2,000, calling such claims “completely false, misleading, and without any basis.”In an official statement, the finance ministry said, “Currently,...

No GST on UPI transactions over Rs 2,000, clarifies govt; terms rumors as baseless

Economy
The Ministry of Finance has categorically denied recent rumors suggesting that it is planning to impose Goods and Services Tax (GST) on Unified Payments Interface (UPI) transactions exceeding Rs 2,000. In an official statement issued...

Trump tariffs impact: Is a US recession likely and does India need to worry about it?

Business
Fears are ripe of a US economic recession. What will high US tariffs and America’s economic slowdown mean for India? It’s mayhem...

India best placed in Asia for growth outlook amid trade tensions: Morgan Stanley

Economy
Despite ongoing global trade tensions India is the best-positioned country in Asia for economic growth, according to a report by Morgan Stanley.The report,...

RBI MPC meeting at a glance: Your one-stop guide for all key decisions

Economy
The Reserve Bank of India’s (RBI) Monetary Policy Committee (MPC) meeting is being closely watched this week, with many expecting a repo rate...

inflation: India to grow by 6.4%, and CPI inflation to settle at 4.8% in FY25: FICCI

Economy
FICCI forecasts India's GDP growth at 6.4 per cent for the financial year 2024-25. This marks a downward revision from the 7.0 per...

Sops announced by states may divert resources away from infra development: RBI article

Economy
Sops announced by several states in their 2024-25 Budgets may divert resources away from critical social and economic infrastructure development, an RBI article...

View: India shouldn’t let its data turn Chinese

Economy
India’s institutional strength used to be reflected in the reliability of its national accounts. Unlike in China, few questioned the government’s figures for...

GDP boom loses steam in Q2, growth at 7-quarter low

Economy
New Delhi: India's economic growth slumped more than expected to a seven-quarter low of 5.4% in the September quarter, dragged down by weak...

Piyush Goyal underlines India’s emergence as a quality-conscious nation, notes its rising impact on emerging sectors

Economy
Manufacturing and export-led growth has gained strength in India, Union Minister of Commerce & Industry Piyush Goyal said at a press conference on...

India will need a lot of very serious reforms to become advanced economy by 2047: Krishna Srinivasan, IMF Asia-Pacific Department

Economy
India will need to undertake a lot of very serious structural reforms to meet the aspiration of being an advanced economy by 2047,...

Indian economy: RBI’s rosy growth forecast baffles economists

Economy
The Reserve Bank of India’s upbeat growth estimates for the world’s fastest-growing major economy is causing both confusion and concern among economists.The central...

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