The central government successfully met its fiscal deficit target of 4.8% of GDP for 2024-25, as per provisional data. While the actual deficit slightly exceeded revised estimates at Rs 15.77 lakh crore, increased capital expenditure and savings in revenue expenditure…
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Puneet Chhatwal says India has potential to attract tourists. He notes India lags due to high taxes. These taxes hinder the creation of global hospitality brands. Chhatwal seeks an additional push for infrastructure. He refers to the 50 tourist destinations…
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The Jharkhand government has requested the Sixteenth Finance Commission to increase the vertical devolution of central taxes from 41% to 50%. Chief Minister Hemant Soren emphasized the state’s significant contribution to national development through mining, while highlighting the associated environmental…
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The Unified Payments Interface (UPI) has strengthened its dominance in India’s digital payments system with its share in the total transaction volume rising to 83.7 per cent in 2024-25 from 79.7 per cent in the previous financial year.
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According to NSO’s second advance estimates, the country’s economy was projected to grow at 6.5 per cent in 2024-25.
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India has emerged as the information technology (IT) capital of the world and the National Stock Exchange (NSE) has been a pioneer in utilising the vast digital public infrastructure to help millions trade via its high-tech digital platform, NSE Managing…
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