FLIPKART

Flipkart Praises Next-Gen GST Reforms as “Perfectly Timed for Festive Growth”

Flipkart’s COO welcomes the Next-Gen GST reforms, predicting a consumption boost. Simplified structure with rate cuts will aid MSMEs and exporters. Early implementation aligns with the festive season. Proposed tax slab rationalization could benefit states fiscally and boost GDP. E-commerce sellers raise operational concerns.

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Budget 2025: AI push, 75,000 medical seats, broadband for schools, rural skilling

The budget 2025 emphasizes artificial intelligence (AI) in higher education, expansion of medical education, digital learning in schools, and rural skill development.

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Budget 2025: Gujarat’s IFSC to benefit from extended cut-off by 2030, Capital Gains exemptions

In the Union Budget 2025-26, FM Nirmala Sitharaman announced measures aimed at strengthening Gujarat’s IFSC

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Budget 2025: PM Dhan Dhanya Yojana, Pulses Mission announced; KCC loan limit raised to ₹5 lakh

The finance minister announced that the government will launch the Prime Minister Dhan-Dhaanya Krishi Yojana in partnership with states.

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Focus should be on productivity than employment: Economist Muralidharan on Budget 2024

Nirmala Sitharaman, in the Budget 2024 put forth nine priorities including skilling youth and job creation. Karthik Muralidharan, Tata Chancellor’s Professor of Economics at the University of California San Diego (UCSD) points out key areas where the focus should have been. 

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Budget 2024 positions India as a technology-driven economy: Hero MotoCorp Chairman

Pawan Munjal, Executive Chairman of Hero MotoCorp, expressed confidence in the budget’s potential to stimulate consumption, attract substantial investments, and stabilize inflation while maintaining a focus on economic growth and fiscal responsibility.

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BUDGET 2024| Nirmala Sithraman’s 5 schemes: 1 Cr interns in 500 companies; 30k for 2 yrs; 20L youth in 5 yrs

First-time employees in the formal sector will receive a direct benefit transfer equivalent to one month’s wage, up to ₹15,000, in three installments.

View More BUDGET 2024| Nirmala Sithraman’s 5 schemes: 1 Cr interns in 500 companies; 30k for 2 yrs; 20L youth in 5 yrs

Economic Survey 2023-24: Renewable energy, sustainable development in focus

The Economic Survey 2023-24 tabled in the Parliament by Finance Minister Nirmala Sitharaman anticipates a 2 to 2.5 times increase in energy needs by 2047 to support economic growth. The report also highlighted that India faces challenges in balancing energy transition with other developmental priorities

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India Economic Survey 2023-24: Real GDP growth projected at 6.5–7%

The Union Finance Minister Nirmala Sitharaman tabled the Economic Survey 2023-24 on July 22. The survey conservatively projects real GDP growth of 6.5–7%, with risks evenly balanced, cognisant of the fact that the market expectations are on the higher side.

View More India Economic Survey 2023-24: Real GDP growth projected at 6.5–7%