The development assumes significance as it comes in the backdrop of the government's efforts to support small and medium enterprises that contribute more than 30 per cent to the country's GDP.
The data released by the NSO also showed that the manufacturing sector’s output increased by 3.1 per cent in June 2023.
The collection is 32.03 per cent of the total budget estimates of direct taxes for the current fiscal 2023-24.
Shaktikanta Das was speaking at a seminar on the global economy organised by the Ministry of Finance and the Reserve Bank of India (RBI) in the national capital.
Under this, parcel service at New Delhi, Delhi Junction, Hazrat Nizamuddin, Anand Vihar Terminal, Delhi Sarah Rohilla and Adarsh Nagar Delhi railway stations falling in the Delhi area will remain closed on 12, 13, 14 and 15 August 2023.
New Delhi has ensured that so far the geopolitical differences do not supersede international cooperation which is the core mandate of the G20 grouping and the summit.
The 30-share BSE Sensex fell 307.63 points or 0.47 per cent to settle at 65,688.18. The NSE Nifty declined 89.45 points or 0.46 per cent to end at 19,543.10.
The Central Bank decided to keep policy rate unchanged for third time in a row as it maintains heightened vigil on inflation.
ccording to data from the Thai Rice Exporters Association, Thai white rice 5 per cent broken, an Asian benchmark, jumped to $648 a tonne, the most expensive since October 2008.
The 30-share BSE Sensex climbed 149.31 points or 0.23 per cent to settle at 65,995.81. The NSE Nifty gained 61.70 points or 0.32 per cent to end at 19,632.55.
The government has decided to offload 50 lakh tonnes of wheat and 25 lakh tonnes of rice under the Open Market Sale Scheme (OMSS).
The central government approved in July this year raising the interest rate on Employees Provident Fund (EPF) deposits to 8.15% for the financial year 2022–23.
MPL Co-Founder Sai Srinivas in an email to employees said that it was confirmed last week that a 28 per cent GST will be levied on the full deposit value rather than on Gross Gaming Revenue.
The logistics sector's role in driving the economy is significant, contributing an estimated 13-14 per cent to India's GDP.
During FY22, the total number of frauds was 729 and the amount involved was Rs 536.59 crore as against 438 frauds involving Rs 1,985.79 crore in FY21.
A passive fund is an investment instrument that simulates the performance of a market index or a specific market segment.
85 percent people opted for the Old Regime while 15 percent were in favour of the new one.
The report said the normal expense of setting up a thali at home is determined in light of input costs prevailing in north, south, east, and west India.
An IIM Calcutta alumnus, founded the home decor company in Mumbai in 2012.
At present, 10 per cent ethanol is blended into petrol, and the government is looking to double this by 2025.
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