Economy

  • Union Budget session 2023-24 of Parliament begins today

    Union Budget session 2023-24 The Budget session of Parliament will start today. President Droupadi Murmu will address the joint sitting of the two Houses of Parliament today to kick off the budget session. Along with the Economic Survey, the Union...

    Published On January 31st, 2023
  • Economic Survey 2023 Current Updates: India to Remain Fastest-growing Major Economy, will grow at 8-8.5% in FY23

    Finance Minister Nirmala Sitharaman has tabled India’s annual pre-budget economic survey 2023 in Parliament. The Economic Survey has pegged India’s GDP growth at 6-6.8% for FY2024 under the baseline scenario. This would be the slowest in three years. Nominal growth...

    Published On January 31st, 2023
  • Economic Survey 2022-23, Indian economy to grow 6.5% next year

    Economic Survey 2022-23 Finance Minister Nirmala Sitharaman presented the economy survey to Parliament. According to the economic survey, India's economy will expand by 6.5 percent in 2023–2024 as opposed to 7 percent in the current fiscal year and 8.7 percent...

    Published On January 31st, 2023
  • Economic Survey: Meaning, Importance and Highlights

    Economic Survey: Meaning, Importance and Highlights The Economic Survey is a flagship annual document which reviews the state of the Indian economy. The survey is tabled in Parliament a day before the presentation of the budget. However, the Constitution neither binds the government to...

    Published On January 31st, 2023
  • 5 Things expected in Budget 2023 related to Income Tax Rule

    Expected things in Budget 2023 related to Income Tax Rule The Union government's final full budget before the 2023 Lok Sabha elections is the budget for 2023. It is anticipated that the government would take advantage of this occasion to...

    Published On January 30th, 2023
  • Latest Income Tax Slabs In India, Indian Economy

    The income tax slabs for a financial year are announced by the finance minister every year in the Union Budget. The income tax slabs and rates announced are applicable for the upcoming financial year. Usually, the finance minister makes an announcement...

    Published On January 30th, 2023
  • India’s Forex Reserves Rise by $1.727 bn to $573.727 bn

    India's forex reserves increased by $1.73 billion to $573.7 billion in the week ended Jan. 20, the Reserve Bank of India said. This is the second consecutive week of a rise in the kitty after the $10.4 billion jump to...

    Published On January 28th, 2023
  • Indian Stock Markets Migrating to T+1 Settlement Cycle

    India will become the first major economy to move to a T+1(trade plus one) market settlement cycle when it finally makes the transition on  January 27. The Chinese market is currently partly T+1. With the move, all stock settlements will...

    Published On January 28th, 2023
  • UN slashes India’s Economic Growth Forecast by 20 bps to 5.8% for 2023

    The United Nations (UN) has cut its GDP growth forecast for India for calendar year 2023 to 5.8 percent, citing the effect of tighter monetary policy and weak global demand. Growth in India is expected to remain strong at 5.8...

    Published On January 27th, 2023
  • Union Budget 2023 Date, Expectations, Income Tax Expectations

    Union Budget 2023 Union Budget 2023: As Union Budget 2023 approaches, expectations from all sectors regarding what they want from the Union budget are starting to surface. On February 1, the Union Budget 2023 for the fiscal year 2023–24 is...

    Published On January 26th, 2023