Mumbai: A month’s national lockdown can hurt GDP growth by 2 percentage points, an American brokerage warned on Monday while expecting governments to continue with localised restrictions to arrest the Covid spread.Stating that there has been a 7x jump in the new cases to 2.61 lakh a day from a month ago’s 35,000 cases, analysts […]
Read MoreNew Delhi: Following are the highlights of the 2021-22 Budget presented by Finance Minister Nirmala Sitharaman in Parliament on Monday: Fiscal position and health outlay: * Spending on healthcare hiked by 137 pc to over Rs 2.23 lakh crore * Rs 35,000 cr outlay for COVID vaccine in fiscal beginning April 1 * Today India […]
Read MoreNew Delhi: Prime Minister Narendra Modi has asserted that the “Aatmanirbhar Bharat” package announced on Thursday continues his government’s efforts to help all sections of society. In a tweet, he said these initiatives will help create jobs, alleviate the stressed sectors, ensure liquidity, boost manufacturing, energise the real estate sector and support farmers. Finance Minister […]
Read MoreNew Delhi: The central government on Wednesday decided to give Rs 3,737 crore as bonus to 30.67 lakh non-gazetted employees with a view to encourage spending during the festival season. The decision to give productivity-linked bonus and non-productivity-linked bonus for 2019-2020 was taken at the meeting of the Union Cabinet, Minister of Information and Broadcasting […]
Read MoreNew Delhi: Finance minister Nirmala Sitharaman announced on Monday that the Centre and states ended the GST (Goods and Services Tax) Council meeting without conclusion. This comes after a long-drawn feud between state governments and the Centre that remain at loggerheads regarding GST compensation. Sitharaman called it a “very useful meeting”, adding that this was […]
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