Search Results for: fiscal deficit

Questioning accuracy of India's GDP growth rate projections: Should you believe the numbers?

Bringing to your notice, the government has reduced the base to show higher GDP growth rate under the Modi government leadership in the recent past. As recently, KPMG also released a Covid-19 impact report on the Indian economy taking into account, perhaps the inaccurate numbers released by MOSPI through time as the base. We question the GDP calculation methodologies established and fundamentals in place, to understand if the growth numbers projected are accurate or not.

Apr 4, 2020

Visa granted to spouses of H-IB Visa holders

All 65,000 H-1B work visas for 2021 taken, confirms US

The US Citizenship and Immigration Services (USCIS) said it has reached the congressionally-mandated 65,000 H-1B cap for the fiscal year 2021 as it received enough requests from corporations and businesses.

Mar 30, 2020

Fight against coronavirus: Italian hospitals to use snorkelling masks for ventilators to counter shortage

The lack of equipment and facilities to accommodate and treat the huge bulk of patients in a row has now become a major concern for the Italian medical staff.

Mar 28, 2020

Revisiting Gullak, the web-series which explored the ideal middle-class Indian family

The TVF TV-series Gullak is lovable for its down-to-earth nature. It brilliantly brings out the ordinary nature of a middle-class family.

Mar 28, 2020

FM Nirmala Sitharaman announces tax relief: Will this help Indian economy tide over coronavirus impact?

Amidst the coronavirus outbreak that has caught the world by storm and pushed the global economy into a state of recession, Finance Minister of India, Nirmala Sitharaman announced tax reliefs and extension on Income tax submission deadline from March 31 to June 30, 2020. Will this really help businesses tide over the Covid-19 impact? We find answers here.

Mar 26, 2020

Equity investing: Here's how to be smart investor during the time of huge volatility

The Coronavirus outbreak has sent the stocks markets across off the cliff, Here's how you should invest in these uncertain times

Mar 25, 2020

Make in India: Defence PSUs to struggle over lack of orders & under-utilisation of production facilities

The Hindustan Aeronautics Limited which has experience in manufacturing aircraft including Russian-origin Sukhoi-30MKI fighters, Tejas jets, and Dhruv advanced light helicopters has no new orders beyond 2021-22.

Mar 16, 2020

China's slowdown and disruption in supply: Impact of coronavirus outbreak on global trade

With the widespread coronavirus attack on a global rise, it is becoming increasingly difficult for businesses to sustain the growth momentum through the last few weeks. The trade and business in India has been worst hit by $348-million, according to a UNCTAD report. This is much lesser in comparison to the impact borne by the world's leading economies - the EU, the US, Japan and South Korea.

Mar 12, 2020

SBI removes minimum balance charges for all saving accounts

SBI had already announced slashed MCLR or marginal cost of fund-based lending rate by up to 15 basis points that would come into effect from March 10.

Mar 12, 2020

Economic impact of Coronavirus outbreak: What should global policymakers do to avert crisis?

Besides economic uncertainty that currently exists, the coronavirus outbreak will cost the global economy up to $2 trillion, according to findings in the UNCTAD report. It might trigger a recession in some countries and a deceleration of global annual growth to below 2.5 per cent.

Mar 10, 2020

Interest rate on PF reduced: How does it affect salaried employees?

Salaried employees will get 0.15 per cent lower returns on provident fund deposits as EPFO slashes interest rates from 8.65 per cent in 2018-19 to 8.50 per cent in FY20.

Mar 6, 2020

Karnataka budget: Petrol to increase by Rs 1.60 per litre, diesel by Rs 1.59 from April 1

Karnataka Chief Minister BS Yediyurappa presented the budget for the fiscal year 2020-21 at the Vidhan Soudha on Thursday, March 5. It is his 7th budget and fifth as Chief Minister.

Mar 5, 2020

Karnataka CM BS Yediyurappa at Vidhan Soudha presenting the state budget. Twitter

Karnataka budget 2020: From ₹ 27,000 cr elevated corridor to Kalasa-Banduri project; key takeaways from CM Yeddiyurappa's budget session

Karnataka Chief Minister BS Yediyurappa presented the budget for the fiscal year 2020-21 at the Vidhan Soudha on Thursday, March 5. It is his 7th budget and fifth as Chief Minister.

Mar 5, 2020

Who is Muhyiddin Yassin, the new Malaysian prime minister?

Malaysia's Muhyiddin Yassin, a Malay nationalist politician backed by the corruption-tarnished former ruling party, was sworn in as PM after the king picked him to replace 94-year-old Mahathir Mohamad.

Mar 1, 2020

Air India Airbus A320 passenger aircraft.

Adani group enters race to buy 'Maharajah', to submit EoI by next month

In this years' budget speech, finance minister Nirmala Sitharaman mentioned Air Indian as one of the state-owned companies to be disinvested this fiscal year.

Feb 25, 2020

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