According to Sanjeev Sanyal, Principal Economic Advisor to the Centre, free markets should be allowed to function in an appropriate way in the country.
Business & Economy
Trump ahead of India visit: ‘We are not treated very well by India, saving big trade deal for later’
Donald Trump is scheduled to visit India on February 24 and 25.
India becomes world’s 5th largest economy; overtakes UK, France: Report
The report prepared by the US-based think tank World Population Review further said that India is developing into an open-market economy from its previous autarkic policies.
Expectations high on mini Indo-US trade deal during Trump visit: CII
President Trump’s first official visit to India signals the significance of India-US relations from a strategic and economic point of view
Vodafone Idea assessing AGR dues, to pay in next few days
The company is currently assessing the amount that it will be able to pay to DoT and it proposes to pay the amount so assessed in the next few days, Vodafone Idea said.
India’s service sector activity growth hits 7-year high in January: PMI
The Composite PMI Output Index that maps both the manufacturing and services sector increased from 53.7 in December to a seven-year high of 56.3 in January
Indian economy not in recession: Govt
According to govt, the trends for coal, real estate, power, mining, automobiles, steel sectors of Indian economy do not indicate recession
Budget 2020: All tax exemptions will have to go eventually, says FM
The aim for the current reforms is to make sure that the money reaches the hands of the taxpayer and he is free to use it as he sees fit, Sitharaman said
Start-ups that burn investor money, disappear won’t get second chance: Ratan Tata
The comments from Tata come at a time when many start-ups have been blamed for what is termed as “cash burn”, wherein the optimism of making money in the future makes venture funds to invest in such companies, and the companies keep incurring losses
Budget 2020: Income tax rates, slabs changed; major benefits to those earning up to Rs 15 lakh
Terming the new tax rates and slabs as simplified one, the finance minister said that the new reduced rates would apply for those who agree to forego all other exemptions available under the Income Tax Act