According to an official release, the special audit will help to track the actual pension surcharge collected by DISCOMs from consumers and transferred to Pension trust. DISCOMs levy a Pension Surcharge of 7 per cent on the monthly Electricity Bills of consumers in Delhi.
The IMF retained its growth rate projects for India in its latest World Economic Outlook (WEO) and expects India to grow at 7 per centi n the current fiscal year ending March 31, 2025 and 6.5 per cent in the next fiscal year (FY2025-26).
This growth compares to a profit after tax (PAT) of Rs60 crore in the same period last year. The company's strong financial performance extended to its business operations, with the gross written premium (GWP) growing by 16.1 per cent, more than double the industry average growth of 7 per ce
After the RBI projected more than 7 per cent of GDP growth for the entire financial year 2024-25, a latest report by State Bank of India noted that a rate cut with a 7 per cent growth never happened in the history.
Das said, "Real GDP growth for 2024-25 is projected at 7.2 per cent. With Q2 at 7 per cent, Q3 at 7.4 per cent and Q4 7.4 per cent. Real GDP growth for Q1 of next financial year that is 2025-26 is projected at 7.3 per cent and the risks are evenly balanced."
As per Manoj Kumar, Chairman, KVIC, spinners who spin yarn on the charkha will see a 25 per cent increase in their wages, while weavers who work on the loom will receive a 7 per cent hike.
Singapore, September 26: Digital travel platform Agoda is thrilled to announce the 2024 recipients of its annual Customer Review Awards, acknowledging over 40,000 properties across 147 markets. Each awarded property has demonstrated excellence in service, securing impressive customer rati
The Asian Development Bank (ADB) on Wednesday forecasts India's economic growth at 7 per cent for the financial year FY2024 and 7.2 per cent for FY2025. ADB reiterated that India's economic growth will remain robust.
Lee Chee Koon, Group Chief Executive Officer, CLI said, "India is a strategic market for us and a key contributor to CLI's overall business. India has been one of our fastest-growing markets, where our investments have tripled in the last seven years. With India's GDP forecasted to grow 7 pe
The domestic air passenger traffic in India experienced a 7 per cent year-on-year (YoY) increase in July 2024, reaching 1.30 crore passengers, according to the data by Director General of Civil Aviation.
The Economic Survey tabled in Parliament conservatively projects India's real GDP growth of 6.5-7 per cent, cognizant of the fact that market expectations are on the higher side.
In the medium term, the Indian economy can grow at a rate of 7 per cent plus on a sustained basis if we build on the structural reforms undertaken over the last decade. This requires a tripartite compact between the Union Government, State Governments and the private sector.