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India's digital currency to debut by early 2023

Finance Minister Nirmala Sitharaman in her budget speech last week talked about launching a central bank-backed 'digital rupee' soon

06 Feb 2022 11:16 AM

RBI to issue Digital Rupee in FY23: Sitharaman

Digital currency will also lead to a more efficient and cheaper currency management system

02 Feb 2022 7:34 AM

Spectrum auction, 5G services roll-out this year

The telecommunications sector in general and 5G, in particular, can enable growth and offer job opportunities, the FM said

02 Feb 2022 7:05 AM

FM presents 'amrit kaal' Budget; gives 'booster shot' for growth, big digital push

35 per cent more money to create infra; greater focus on tech on road to India@100

02 Feb 2022 6:44 AM

I-T returns can be updated in two years to correct any errors

This will avoid the lengthy process of litigation if the department finds that some income has been missed out by the assesse

02 Feb 2022 2:06 AM


Cryptos to stay with 30 pc tax; digital rupee next fiscal

The gift of virtual digital assets will be taxed in the hands of the recipient

02 Feb 2022 2:03 AM

Budget will fast track economic recovery: ICC

The Indian Chamber of Commerce (ICC) has appreciated the growth oriented policy direction of the Union Budget

01 Feb 2022 4:47 PM

Budget 2022: Highest GST collections, no tax reforms for salaried class

The finance minister began the presentation by expressing empathy to those who died due to COVID-19

01 Feb 2022 1:46 PM

Survey projects 8-8.5 per cent growth in GDP next fiscal; by 9.2 % cent this year

Services sector worst hit by COVID-19 pandemic; agriculture the least affected

31 Jan 2022 3:06 PM

Decks cleared for bad bank to start

A total of 38 large stressed accounts aggregating to Rs 82,845 crore have been identified for transfer to the NARCL

29 Jan 2022 8:41 AM


India seen boosting budget spending on infrastructure

Indian economy is estimated to expand 9.2% in this fiscal ends in March, following a contraction of 7.3% in the previous fiscal year

27 Jan 2022 10:23 AM

India's annual Budget again goes green, cuts down on printing to bare minimum

The Budget documents will be available mostly digitally, with only a handful of physical copies, officials said

26 Jan 2022 4:55 PM

Indian economy recovered 'handsomely' from pandemic-induced disruptions: Panagariya

The economy, which was significantly hit by the pandemic, had contracted 7.3 per cent in the last fiscal

25 Jan 2022 12:18 PM

SBI makes online IMPS transactions upto Rs 5 lakh free

In the case of Branch Channels, there is no change in the service charges in the existing slabs

04 Jan 2022 7:34 PM

India seeks emergency meeting of WTO's General Council to discuss COVID package

WTO is a 164-member multilateral body which formulate rules for global exports and imports

03 Jan 2022 3:19 PM


GST council puts off rate hike on textiles

The matter has been referred to the tax rate rationalisation committee and it will be discussed again at the next meeting of the council

01 Jan 2022 7:13 AM

Four-day work week, change in salary: All about new labour codes in FY 2022-23

These changes in the labour code will have a significant impact on working hours, take-home salary and PF contribution

22 Dec 2021 12:39 PM

ADB lowers India’s FY22 GDP growth to 9.7%

India had witnessed a strong 20.1 per cent growth rebound in Q1 of FY22

15 Dec 2021 9:59 AM

Brics recovery hinges on vaccination

Going forward, the pace and efficacy of vaccination is going to be the most important determinant of economic recovery

13 Dec 2021 9:33 AM

Govt unlikely to announce capital infusion for PSU banks in Budget 2022-23

To augment their resources, banks would be encouraged to raise funds from the market

12 Dec 2021 11:19 AM