The fiscal deficit of the government is expected to drop to 4.5 per cent of GDP or lower by the financial year 2026, the Economic survey outlined which was tabled in parliament on Monday.
The Survey projects achievable GDP growth for FY25, driven by robust macroeconomic management and a supportive policy environment emphasizing capital expenditure and inflation control.
In a press release today, the company said that the move is part of Emirates Driving Company's (EDC) ongoing efforts to expand significantly and enhance its distinguished services.
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.
The global energy price index experienced a sharp decline in FY24. On the other hand, the Central Government announced price cuts for LPG, petrol, and diesel. As a result, retail fuel inflation stayed low in FY24, the Survey said.
West Bengal Chief Minister Mamata Banerjee on Sunday said that the Trinamool Congress (TMC) is the only party in the country 38 per cent of whose elected MPs are women.
HDFC bank posted a standalone net profit of Rs 16,175 crore, climbing 35.3 per cent on a Year-On-Year (YoY) basis in the first quarter of Financial year (FY) 2025, as per the financial statement filed by the company with the stock exchanges on Saturday.
The world's demand for electricity is rising at its fastest rate in years, driven by robust economic growth, intense heatwaves and the increasing uptake of technologies that run on electricity such as EVs and heat pumps, according to a new report by the International Energy Agency (IEA).
The Karnataka state government has proposed a new cess ranging from one to two per cent, on cinema tickets and Over-the-Top (OTT) subscription fees to support film and cultural workers.
The Pakistan Cricket Board has denied No-Objection Certificates (NOCs) to star trio Shaheen Shah Afridi, Babar Azam and Mohammad Rizwan for the Global T20 Canada.
Reliance Industries Limited on Friday reported that its consolidated revenue during the April-June 2024 quarter was 11.5 per cent higher year-on-year at Rs 257,823 crore. In the same quarter last year, it was at Rs 231,132 crore.
The Pimpri Chinchwad Municipal Corporation (PCMC) has sealed a company named ThermoVerita linked to Manorama Khedkar, mother of IAS Puja Khedkar located in Pune due to an alleged tax default of Rs 2.77 lakh.