MUMBAI: To forcefully bring down the rate of interest in the economy, the RBI on Thursday said it would buy government securities (G-Secs) with a 10-year maturity while, at the same time, sell government bonds with just one-year maturity — both worth Rs 10,000 crore each.
There is little doubt that India is one of the biggest economies in the world, and with the ambitious target of becoming a $5 trillion economy by 2025, it’s set to grow even bigger.
The Uttar Pradesh government has planned to partner US-based ecommerce company eBay for boosting the exports of the state’s indigenous products and handicrafts.
Garment manufacturers this week lobbied for more cost-saving policies to offset the rise in the sector’s minimum wage.
LOS ANGELES (KABC) -- A popular fashion brand based in the Los Angeles area is under fire for allegedly producing clothing at rapid speed at the hands of underpaid subcontractors in sweatshop conditions.
NEW DELHI: Former chief economic adviser Arvind Subramanian said he was against reducing personal income tax rates, as it would benefit a small percentage of taxpayers, and raising of GST rates. He stressed that there was no space for expansionary fiscal policy.