New Delhi: The International Monetary Fund (IMF) on Tuesday cut India’s GDP growth forecast for 2019-20, following similar action by the Asian Development Bank (ADB) and the Reserve Bank of India (RBI).
Innovative technologies can be the answer to a greener footprint within the hydrocarbon dependent textile industry, concluded industry experts at a panel discussion titled ‘How Sustainable is Sustainability?’ held at a hotel in Dubai on Tuesday.
NEW DELHI: The government is estimated to have witnessed a shortfall of Rs 50,000 crore in direct tax collection target of Rs 12 lakh crore for 2018-19, a senior financeNSE -0.87 % ministry official said Tuesday.
A government source said the Centre has met the fiscal deficit target of 3.4 per cent of the gross domestic product (GDP) in FY19.
INDIA’S MSME sector has the potential to create up to 1 crore new jobs in the next 4-5 years by focusing on developing the enterprises in certain segments through partial substitution of imports, a report has said.
The government is planning a major overhaul of the definition of state-run companies where an entity will continue to qualify as public sector enterprise (PSE) even if the government holding falls below 51 per cent.