Economy

Budget Expectations: Travel and Tourism sector demands increase in the lowest tax slab upto 5 lacs

Budget 2019 Expectations: Travel and Tourism sector demands increase in the lowest tax slab upto 5 lacs

Travel Unravel Holidays Private Limited, a travel e-commerce retail player, has put forth the demands of the industry before the ensuing Union Budget 2019-20, on behalf of the travel and tourism industry, today. Saurabh Sharma, co-Founder and Director, Travel Unravel Holidays said, “The travel and tourism sector accounts for 9.4%[Read More…]

India's December manufacturing PMI growth eases

India’s December manufacturing PMI growth eases

Mumbai: Despite strong demand along with lower input costs, the growth of India’s manufacturing sector eased in December, key economic data showed on Wednesday. According to the Nikkei India Manufacturing Purchasing Managers’ Index (PMI), the composite indicator of manufacturing performance showed an index reading of 53.2 in December from 54[Read More…]

RBI Governor Shaktikanta Das to meet MSMEs, NBFCs next week

RBI Governor Shaktikanta Das to meet MSMEs, NBFCs next week

Mumbai: A day after the Reserve Bank allowed restructuring defaulted loans of up to Rs 25 crore taken by micro, small and medium enterprises (MSMEs), its Governor Shaktikanta Das said he will hold talks with representatives from the MSME and non-banking financial companies (NBFCs) next week. “Will hold meetings with[Read More…]

India's December manufacturing PMI growth eases

Economic Growth: One good policy, and a few more to go

By Taponeel Mukherjee Access to credit, data, and transportation are among the most crucial drivers of economic well-being. To ensure better access to critical needs in India, Rod Tidwell’s famous line from Jerry Maguire, “Show me the money”, would hold in good stead. Access to the correct quality and quantity[Read More…]

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