Taxes on capital hitting investments
Reserve Bank of India (RBI) Governor expressed concern over the government’s move to reintroduce long-¬term capital gains tax on equities.
RBI keeps repo rate unchanged at 6%
Less than a week after the Union Budget, the Reserve Bank of India (RBI) on Wednesday kept the key policy rate unchanged at 6 per cent for the third consecutive time and raised the concerns about the future outlook
RBI likely to keep repo rate on hold
The Monetary Policy Committee of RBI is expected to maintain the status quo for the third straight review meeting as retail inflation is hovering close to the central bank’s upper tolerance limit.
Textile policy for 2018-23 gets Cabinet nod
Maharashtra state Cabinet Tuesday gave its approval to the new textile policy for 2018-2023 with an aim to attract investment of Rs 36,000 crore in Maharashtra and generate 10 lakh employment.
Agriculture needs more than just quick fixes
Government in its Budget recently announce better incentives for agriculture sector and the other short term incentive over the years.
Health plan may cost Rs. 1 lakh crore a year
According to a research paper, the healthcare plan for the poor announced in the Budget will cost about one lakh crore annually and curtail States’ autonomy in designing their own policies in the sector.
Easier norms for Indian firms for outward Investment
The proposed Outward Direct Investment (ODI) policy may contain provisions to make it easy for many Indian firms, envisioning ambitious plans to transform themselves into multi-national companies (MNC), to go global and expand.
A sip of hope for tea industry from Budget
There is some scope for the tea industry to cheer through the many social sector schemes announced in the Union Budget.
Higher MSPs for farmers won’t accelerate inflation: analysts
The announcement of a Minimum Support Price (MSP) of 1.5 times the farmer’s cost will likely not have a strong upward impact on overall inflation but could spur a waning of the sharp slowdown in food price gains seen in 2017, according to officials and economists.
MSMEs to lead consolidation phase of economy : FM
Calling the MSME sector as the backbone of the economy, Finance Minister said .the sector would lead the current consolidation phase of the economy.