Indian economy is likely to grow at 7 per cent in the fiscal year ending March 31, 2023, the statistics office said on Friday. The first advance estimates of national…
Category: Economy
US proposes increasing visa application fee; here’s how much applying for H-1B will cost now
The Biden administration has proposed a significant hike in immigration fees, including the H-1B visas. H-1B visas are much sought-after and are very popular among Indian techies. This visa allows…
Cabinet approves National Green Hydrogen Mission with outlay of Rs 19,744 cr
The Union Cabinet, headed by Prime Minister Narendra Modi, on Wednesday approved an initial outlay of Rs 19,744 crore for the National Green Hydrogen Mission in a bid to cut…
Govt eases Minimum Public shareholding norms for PSUs
The Centre has amended the securities contracts(Regulation) Act for Strategic disinvestment to exempt listed companies like it in which the government and public sector undertakings (PSUs) together or individually hold…
UPI grows in strength, touches Rs 12.82 lakh cr in Dec 2022; here’s how much it will grow in 2023
The Centre has been pushing paperless payments since a long time when the government first introduced demonetisation in 2016. Today, though it is a known fact that cash is still…
Services PMI rises to 58.5 in December; more jobs created, companies upbeat
India’s services PMI increased to 58.5 in December, compared to November’s 56.4, according to S&P Global PMI data. The report stated that the health of the Indian service sector improved…
PM Modi speaks with King Charles, PMO says ‘a number of subjects of mutual interest were discussed’
Prime Minister Narendra Modi had a telephonic conversation with Britain’s King Charles III for the first time ever since the monarch assumed the office of the Sovereign of the UK,…
Govt keeps General Provident Fund interest rate unchanged at 7.1%: Report
Government on Tuesday kept General Provident Fund interest rate unchanged at 7.1%, reported CNBC TV-18. General Provident Fund is a social security scheme available to central government employees. The interest…
‘Country which attacked Mumbai, went after hotels’: S Jaishankar calls out Pakistan
External Affairs Minister Dr. S Jaishankar called out Pakistan for the dastardly 26/11 attacks on Mumbai in an interaction during his Vienna visit. Jaishankar said that Pakistan is the country…
GDP, GST, foreign reserves: What high frequency economic indicators tell us about state of India’s economy
India’s GDP at constant prices in the first half of the current financial year H1FY23 (April to September 2022) is recorded as Rs 75.02 lakh crore, which is 9.7 per…