According to government data released on Friday, gross GST revenue for the month reached a record Rs 2.43 lakh crore, registering an 8.7% increase over Rs 2.23 lakh crore collected in April last year.
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Chief Economic Advisor V Anantha Nageswaran said India can reach a $30 trillion economy by 2047 if it achieves around 12% annual growth in dollar terms and strengthens its capabilities in technology and frontier research.
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Elevated energy import costs have pushed the Indian rupee to a record low, prompting urgent questions about Reserve Bank of India rate hikes. Despite a preference for a pause, the central bank may be forced to tighten monetary policy to…
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Bajaj Auto’s board will meet on May 6 to consider a share buyback. This move signals another capital return to shareholders. The company has a strong cash position. The details of the buyback will be announced after the meeting. The…
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Borrowings from promoters and related parties will be treated as public funds. Intra-group loans will be considered customer interface. These decisions are part of final directions for small NBFCs.
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The National Financial Reporting Authority (National Financial Reporting Authority) has begun a major internal restructuring to separate its investigation and disciplinary work into different divisions. The move is aimed at reducing any possible conflict of interest and improving procedural fairness…
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