by OverviewFX | Oct 5, 2024 | Industry
Finance minister Nirmala Sitharaman on Friday asked expenditure secretary Manoj Govil to coordinate with states to expedite the submission and approval of project proposals and ensure that they undertake capital investments in a timely and efficient manner.Under the...
by OverviewFX | Oct 5, 2024 | Industry
Private credit markets in the Asia-Pacific region have experienced rapid growth over the past decade and are expected to continue expanding, according to Moody’s Ratings. The rating agency attributes this growth to increasing economic activity and financing needs in...
by OverviewFX | Oct 5, 2024 | Industry
Several significant tax and financial proposals outlined in the Union Budget 2024 have come into effect as of October 1, following their ratification in the Finance Bill. These changes impact various areas, including Tax Deducted at Source (TDS) rates, buybacks of...
by OverviewFX | Oct 5, 2024 | Industry
Employment data from the Reserve Bank of India’s KLEMS database, which relies on surveys like the Employment and Unemployment Survey (EUS) and Periodic Labour Force Survey (PLFS), indicates a steady rise in employment since the 1980s, according to the Ministry...
by OverviewFX | Oct 4, 2024 | Industry
The unsecured business loan segment has started showing early signs of stress in asset quality, possibly due to the increasing competitive intensity among lenders, domestic rating agency India Ratings has said.The agency is seeing continuing pressure on cash flows in...
by OverviewFX | Oct 4, 2024 | Industry
Representative imageA ministerial panel on GST rate rationalisation is considering lowering GST rates on several mass-use items, including medicines and tractors, to 5%. However, the tax on products like cement is likely to remain unchanged. Tractors currently face a...
