Economics News

Tourism Development

The Government of India recently presented an ambitious strategy for the tourist industry, with long-term income goals of $1 trillion by 2047, when the nation turns 100, and recovery to pre-pandemic levels by 2024, a $250 billion contribution to GDP by 2030, and a global leader by 2047

posted by V.P.Nimbalkar 21st Sep 2022

Essential Medicines

During the introduction of the National Lists of Essential Medicines (NLEM) 2022, Dr. Mansukh Mandaviya, Union Minister for Health and Family Welfare, spoke about the significance of NLEM

posted by V.P.Nimbalkar 14th Sep 2022

RBI rate Increase

The Reserve Bank of India's Monetary Policy Committee (MPC) raised the policy repo rate by 50 bps to 5.4%.

posted by V.P.Nimbalkar 6th Aug 2022

Global Minimum Corporate Tax

A landmark agreement was signed by the Finance Ministers of the Group of Seven nations (G7) setting a Global Minimum Corporate Tax Rate (GMCTR).

posted by Jawwad Kazi 1st Jul 2021

Panel to review FPI diktat : SEBI

Amid apprehensions that its April 10 circular on beneficial ownership of offshore funds could cause potential capital outflows of $75 billion,SEBI said it would review the matter and take a “holistic view”, seeking to assuage panic among investors.

posted by Jawwad Kazi 6th Sep 2018