economy

1.8 Crore Salaried Employees Now Jobless In India; 50 Lakh Lost Jobs In July Alone Despite the recovery in overall employment rate, around five million salaried people have lost their jobs in July, reaching the total number of job…

New Tax Slabs Soon: 10% For Income B/W Rs 5 Lakh & Rs 10 Lakh A high-level tax force set up by the government submitted a report to the Finance Ministry on new Direct Tax Code, earlier this month. This report brings in radical…

While India’s GDP will grow at 7.4% in 2018 and 7.8% in 2019; China is expected to grow at 6.8% and 6.4% during the same period. This means that Indian economy is on the right path, and the slowdown reported by demonetization and GST is a…

New Rs 1000 Note is being introduced in the economy, with enhanced security features, in order to fill the large gap between Rs 500 and Rs 2000

It was the moment when more than a million voices celebrated the new-found freedom, which was hard-fought for and was seeped in the blood of countless people who fought for independence.

2 days before 2016 ends, Indian Govt. has given a solid parting shot for its cashless, digitalized economy. Bharat Interface for Money or BHIM app has been launched by the Govt. which simplifies the process of cashless transactions, and…

It seems that not everyone is on the same page, when it comes to the recent, historical FDI reforms introduced by the Govt. Swadeshi Jagran Manch (SJM), an affiliate of Rashtriya Swayamsevak Sangh (RSS) has openly criticized the…

As of now, the spending power of an average Indian is just 3% of that of a US citizen; however, by 2050, it will increase to 24%. This proves the fact that India is right now at the cusp of an economic boom. As per a recent research…

In terms of PPP or Purchasing Power Parity, India has displaced Japan to become world’s third largest economy. This was mentioned in a World Bank Report earlier this week. World Bank conducts a research known as International Comparison…

For the last one year government is spreading a message that gold is the cause of all problems for India. They hiked import duty, asking banks not to deal in gold, trying to make people feel guilty about owning gold. Chidambaram recently…