Revenue of organised gold jewellery retailers, which had spurted 36 per cent last fiscal on a low base of the pandemic-induced financial year, is expected to grow 23-25 per cent in 2023 largely due to pent-up demand and recovery in discretionary consumer spending, said rating agency CRISIL.
Mumbai (Maharashtra) [India], December 30 (ANI/NewsVoir): The Government of India collected Rs 1.52 trillion as goods and services tax (GST) in October, reporting a 16.6 per cent year-on-year increase, driven by festive spending, better compliance, and higher tax rates. This collection is ex
According to data released by the Ministry of Planning and Development on Wednesday, the massive drop would not only slow down the economy but would take a toll on revenue collection as well.
After the US House of Representatives passed a USD 1.7 trillion spending Bill to aid devastated Ukraine, a USD 45 billion aid package was also given a green flag on Saturday.
With the economy in a shambles and people in dire straits, bankruptcy stares Pakistan in the face as it is hit by useless spending, reported Financial Post.
A USD 1.7 trillion spending Bill to provide more aid to a devastated Ukraine was cleared by the House on Friday (local time), as lawmakers race to finish their work for the year and avoid a partial government shutdown, reported CNN.
The growth of the defence budget is connected with the government's decision to ensure an increase in defence spending to 2 per cent of the country's gross domestic product by 2027, which is approximately 11 trillion yen per year.
Most of these big state media outlets have, however, completely failed, said Joshua Kurlantzick, a senior fellow for Southeast Asia at the Council on Foreign Relations in an interview with VOA Mandarin.