Tag: Indian businesses
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Fresh economic stimulus unlikely as Centre’s focus shifts to specific sectors
While the efforts continue to bring the business activities in the country back to life, the Union government is unlikely to roll out a traditional stimulus to support the post-pandemic economic recovery. Instead, the government appears to be focusing on specific sectors to provide production-linked incentives seeking to prioritise its budget expenditure. Pressure is building ... -
Economic recovery shows green signals with rise in GST collection, manufacturing
In a much-needed relief for the Union Government, economic activities in the country are picking up pace in the post-pandemic recovery process. Key economic indicators such as GST collections, manufacturing activity and auto sales have shown signs of mild recovery in the month of September. In a major development, Goods & Service Tax (GST) collected ... -
China faces massive blow after made-in-India rakhis steal the show this year
In the wake of the ongoing border dispute between India and China, Indians are boycotting China-made products and leaning towards domestically manufactured goods. This development came in light of Prime Minister Narendra Modi’s call to the nation to foster ‘Atmanirbhar Bharat’ and ‘Vocal for Local’ On the occasion of the Raksha Bandhan festival, both shopkeepers ...