by OverviewFX | Jan 9, 2025 | Industry
“>”Both Manufacturing and Mining is expected to decelerate sharply in FY25 as compared to FY24.”The State Bank of India (SBI) has revised its forecast for India’s GDP growth in FY25 to 6.3 per cent, slightly lower than the National...
by OverviewFX | Jan 9, 2025 | Industry
The Income Tax Department while acknowledging Indian society’s affinity with cash transactions warned that the Income Tax Act, 1961 discourages cash transactions and will disallow certain deductions, allowances, expenses, etc if made in cash. Moreover, if certain...
by OverviewFX | Jan 9, 2025 | Industry
The meeting was part of ministry’s regular review of work of EPFO with a view to ensure state-of-art IT systems, process re-engineering and simplification to improve the service delivery to over 7.5 crore active members and 78 lakh pensioners.NEW DELHI: Secretary,...
by OverviewFX | Jan 8, 2025 | Industry
India needs a data protection rule to keep its consumer data safe, but over-regulation has downside risks, Bipul Sinha, chief executive officer of Rubrik, a Silicon Valley cybersecurity company, said. As India becomes compliant with data norms of Europe and the United...
by OverviewFX | Jan 8, 2025 | Industry
Technological advancements, demographic shifts, geoeconomic tensions, and economic pressures are the key drivers of these changesNew Delhi: Farm workers and drivers will figure among the fastest growing jobs over the next five years, while roles of cashiers and ticket...
by OverviewFX | Jan 8, 2025 | Industry
New Delhi, Despite a slowdown in real GDP growth, per capita nominal GDP in India is expected to increase significantly in FY25, by at least Rs 35,000 more than FY23, economists have said.The first advance estimate (AE) of GDP for FY25 by the National Statistical...
