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High Impact Economic News

Budget 2019: FM outlines 10 point vision for India 2030
Presenting the interim Budget, stand-in Finance Minister Piyush Goel on Friday laid out the government’s 10 point vision to be achieved by 2030. “We are poised to become a $5 trillion...

Interim Budget 2019 highlights
Making a big populist push in its final budget before elections, the Narendra Modi-government exempted people with an earning of up to Rs 5 lakh from payment of income tax, announced an annual cash dole-out of Rs 6,000 to small farmers and provided...

Win for government in war on black money as Switzerland set to share HSBC account details
Switzerland is set to transfer details of the Indian account holders in HSBC (Suisse), The Indian Express reported. The account holders have received a communication from the Swiss...

GST collection tops Rs 1 lakh crore in January
GST collections in January rose to Rs1.02 lakh crore — the second highest monthly mop-up after April — the finance ministry said Saturday. This is a significant increase from the collection of Rs94,725 crore in December 2018, and 14% higher...

India’s exports to surpass $314 billion peak this year
A senior said that India’s exports in the current fiscal year are expected to surpass the earlier peak of $314 billion in 2013-14. “This year, we are very confident that we will go past our...

UPI transactions hit a new high, 672.75 million transactions recorded in January
In a record of sorts, 672.25 million UPI transactions worth ₹ 1,09,932.43 crore were conducted in January, as compared to 620.17 million transactions valued...

Manufacturing PMI rises to 53.9 in January
The country’s manufacturing sector activity edged higher in January as companies continued to scale up production and employment, driven by the fastest rise in factory...

India fastest highway developer in world
India is the fastest highway developer in the world with 27 km of highways being built every day, Finance Minister Piyush Goyal said highlighting the importance of infrastructure sector...

PM-Kisan: Aadhaar optional for 1st installment; compulsory from 2nd onwards
The centre has made Aadhaar number of small and marginal farmers optional for availing the first instalment of Rs 2,000 under the recently launched Rs 75,000 crore...

UK car exports to India hikes 4.81 percent as Brexit-hit industry struggles
Britain's car exports to India registered a 4.81 percent hike over the previous year, even as the automotive industry battled with Brexit uncertainties to record a 9.1 percent...

calender February 5, 2019