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India readies Rs 12,000 crore push for local battery component manufacturingIndia is set to launch a new incentive scheme to boost local manufacturing of advanced cell battery components. This initiative aims to red...- How Brexit is estimated to have hit the UK economyBritain's economy shows weak growth since leaving the European Union. Various researchers estimate significant losses in GDP, productivity,...
- States' expenditure rises 131% in 10 yrs on welfare, development: CAG ReportStates' spending surged 131 percent from 2015-16 to 2024-25. Welfare and development drove this growth. Revenue expenditure remained the la...
- India’s gold hunger stays unshaken as higher duties fail to close the import floodgatesIndia's insatiable thirst for gold remains resilient even in the face of increased import duties. Prior to the tax increase, there was a no...
- Pakistan sees room to improve FY27 outlook after Iran war ends, says Finance Minister AurangzebPakistan's Finance Minister Muhammad Aurangzeb sees potential economic upsides for fiscal year 2027 following the end of the Iran conflict....
- Pakistan eyes more global bond issues, sees budget upside from Iran dealPakistan's Finance Minister Muhammad Aurangzeb stated it's too early to revise the budget despite potential economic improvements post-Iran...
- India will do more to boost inflows: Finance Minister Nirmala SitharamanIndia plans further measures to attract foreign capital. Finance Minister Nirmala Sitharaman stated that additional steps will be taken if ...
- ‘Rs 70,000 Salary, Rs 15.5 lakh debt, no savings, no property and a dependent mother’: Woman’s viral post on loan burden sparks financial adviceA 31-year-old woman's plea for financial help on Reddit highlighted the struggles of being the sole earner supporting her mother on a ₹70,0...
- FM Nirmala Sitharaman calls Karnataka's stand on Jan Aushadhi Kendras as Congress pettiness, rejects tax devolution chargeThe Jan Aushadhi scheme had made medicines up to 60% cheaper and helped families save nearly Rs 40,000 crore across the country, Sitharaman...
- What crypto investors need to know for tax season 2026India's tax season now demands greater scrutiny for crypto investors as enforcement intensifies. New reporting requirements, including tran...
- Pakistan budget raises defence spending, squeezes development to meet IMF goalsFinance Minister Muhammad Aurangzeb told parliament the government would allocate 3 trillion rupees for defence in the fiscal year starting...
- Social Security crisis 2032: Could a 22% benefit cut slash retirement income for millions of Americans if Congress fails to act?Social Security crisis 2032 is no longer a distant warning. Current projections show the trust fund could face depletion by 2032, triggerin...
- Govt highlights tax reforms, investor confidence as Modi completes 12 years as PMPrime Minister Narendra Modi has completed twelve years as India's longest-serving elected leader. The government highlights significant ac...
- Consumer staples sector to face growth normalization in 2nd half of 2026, updates on pricing power and channel efficiency eyedConsumer staples growth momentum is likely to moderate in the second half of FY27 as GST-related benefits phase out and high base effects s...
- Strong consumption keeps growth steady amid Iran war cost concernsIndia's economy shows steady growth driven by domestic demand. The West Asia conflict presents challenges like higher oil prices. The gover...
- India eyes more FDI, speed up divestment, asset monetisation as economy faces external risksIndia's government is set to accelerate reforms, focusing on attracting foreign investment and divesting assets. This strategy aims to main...
- GDP growth momentum intact, no need for additional borrowing so far: Govt sourcesIndia's economy is navigating external challenges like rising import costs. However, domestic consumption remains strong, ensuring growth m...
- India scrapping tax for foreign investors in govt bonds aimed at inclusion in Bloomberg index, govt official saysIndia has removed capital gains tax on foreign investments in government bonds. This move aims to help India join Bloomberg's Global Aggreg...
- RBI widens direct equity access for overseas investors, doubles investment limits under PISThe RBI has doubled investment limits for overseas individual investors under the Portfolio Investment Scheme and extended direct equity ac...
- Paying tax won't legitimise cash stashesThe taxman is tightening its grip on undeclared cash, with a recent tribunal ruling allowing the benami wing of the Income Tax department t...
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