Nearly 60 per cent of the increase in revenue expenditure during 2020-21 was due to increase in major subsidies. The major subsidies registered a growth of over 200 per cent in 2020-21 over 2019-20, Economic Survey 2021-22 said. ...
Among the various factors which may have led to a big increase in corporate tax collection, improved profitability of the corporates, formalisation of the economy and improved compliance due to tax reforms are noteworthy, the Economic Survey for 2021-22 noted. ...
Centre approves Tata Steel Long Products bid to buy Neelachal Ispat Nigam...
Ahead of the Union Budget, which will be presented in the Parliament on Tuesday, real estate developers in West bengal are looking forward to a positive and vibrant Budget from Finance Minister Nirmala Sitaraman. ...
India now has 83 unicorns, most of which are in the services sector and 44 startups achieved the unicorn status (values more than $1 billion) last year, the Economic Survey 2021-22 said on Monday. ...
The Indian Railways (IR) has set a target of 100 per cent electrification of its network by December 2023, said economic survey 2021-22. ...
Increasing number of Indian residents are now applying for patents as against the multi-national companies (MNC) despite the odds like low expenditure on research and development (R&D), procedural delays and complexities, inadequate patent examiners and the absence of timelines for decision making points out the Economic Survey 2021-22 released on...
India's smartphone market revenue crossed $38 billion in 2021 with 27 per cent (on-year) growth, as shipments grew 11 per cent to reach 169 million units, a new report showed on Monday....
Suzlon Energy's net profits during Q3FY22 were at Rs 37 crore, as against sharply lower net losses of Rs 113 crore in the same period last fiscal. ...
The US Federal Reserve will likely pursue policy "tighter than what we thought was imaginable even three or four months ago", Citibank's global markets research team said in New York during a virtual briefing. ...
