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 Business

The services sector continues to be a significant contributor to India’s growth, accounting for about 55 per cent of the total size of the economy in FY24, states Economic Survey 2023-2024 tabled in Parliament by Union Minister for Finance and Corporate Affairs Nirmala Sitharaman on Monday.

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Despite the global economy remaining under the grip of policy uncertainties, India’s economic growth continues to be the shining exception and will remain so in the years ahead.

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Several attractive benefits to provide tax relief to salaried individuals and pensioners opting for the new tax regime were announced by the Union Finance and Corporate Affairs Minister Nirmala Sitharaman while presenting the Union Budget 2024-25 in Parliament on Tuesday.

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India’s real GDP is projected to grow between 6.5–7 per cent in 2024-25. The Indian economy recovered swiftly from the pandemic, with its real GDP in FY24 being 20 per cent higher than the pre-COVID, FY20 levels. This was stated by the Economic Survey 2023-24 presented in Parliament by the Union Minister of Finance and Corporate Affairs Nirmala Sitharaman.

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Union Minister for Finance and Corporate Affairs Nirmala Sitharaman proposed to abolish ‘angel tax’ for all classes of investors while presenting the Union Budget 2024-25 in Parliament on Tuesday. She added that this move is aimed at bolstering the Indian start-up eco-system, boosting the entrepreneurial spirit and supporting innovation.

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A combination of Big Data Analytics and human decision making i.e. heuristics, is the most beneficial to strategic decision making in a business, according to new research from ESSEC Business School.

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For the first time, the Economic Survey 2023-24 tabled by the Union Minister of Finance and Corporate Affairs Nirmala Sitharaman in Parliament, talks extensively about mental health, its significance and implications on policy recommendations.

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SECL’s Gevra and Kusmunda Megaprojects in Chhattisgarh Secure 2nd and 4th Spot in the List of World’s 10 Largest Coal Mines.

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Implementing composting pits in temples and involving Temple trusts in recycling efforts creates significant employment opportunities.

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New research reveals why German firms are refusing to join the United States tech trade war with China over semiconductor chips, a key component in modern electrical devices.

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