The Reserve Bank of India (RBI) has brought down the key repo (repurchasing option) rate from 6.50% to 6.25% after holding the rate for two years. A repo rate is the interest rate at which commercial banks get short-term loans from the RBI. In the 53rd & first MPC...
Delhi : Startled by the exodus of millions of labourers amid the Covid-19 lockdown, NITI Aayog has prepared a draft policy on migrants. Eminent corporate lawyer — Gautam Khaitan has called National Policy on migrant labour essential for the overall development of the nation. While calling them “nation makers,” he...
By Prof. Y Siva Sankar Yellampalli – SRM University -AP. In India's diverse and complex socio-economic landscape, the discussion around innovation and invention is incredibly important. As the country faces the challenges of the 21st century, a significant question arises: Does India need innovation or invention more urgently? This isn't...
The Indian aviation sector has received a much-needed boost with Air India's recent announcement of their plans to purchase new aircraft. This is great news for the industry and could lead to exciting developments in the coming years. Deepak Talwar, a prominent Indian aviation figure, has been a strong advocate...
Innovation has always been a driving force behind economic growth, and India is no exception. The Indian economy has been undergoing significant changes in recent years, with a strong focus on innovation and technology. In fact, in 2022, India made it to the top 40 countries in the Global...
The government has suggested a 30 per cent tax on the transfer of any virtual digital asset. The finance minister said today in Budget 2022 that no deductions other than acquisition costs will be allowed, and no transaction losses will be carried forward. And, the second big move is...
Prof. Sidharth Tripathy, Entrepreneurship & Innovations at SRM University, SRM University, Entrepreneurial Mindset,
The journey into the entrepreneurial mindset begins with a reflection on humanity's earliest days when Homo sapiens ventured beyond the African savannah in search of sustenance and security. Fast forward to the modern world; from the Industrial Revolution to the Information Revolution, humans have built products and technologies to...
Timely and disciplined tax planning can help tremendously! – Alok Kumar Agarwal Tax planning is a crucial aspect of personal finance that involves the strategic management of one's financial affairs to minimize tax liabilities and maximize savings. By utilizing legal provisions and tax-efficient strategies, individuals can optimize their financial...
By Dr. Adviti D, Assistant Professor, Economics, SRM University, AP  Earlier this year, Finance Minister, Mrs. Nirmala Sitharaman, announced the budget for 2024-25 on July 24, 2024, with a major focus on Agriculture, Skilling, MSME's and Middle Class. Additionally, they choose to focus on the improvement of the four vulnerable...
Kolkata (West Bengal) , 23rd July, 2024: Lalit Beriwala, a prominent figure in the steel and metals industry, commends the Union Budget 2024-25 presented by Finance Minister Nirmala Sitharaman. True to the tradition of growth-driven and inclusive budgeting, this Budget stands out for its focus on four key areas:...