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Can Homebuyers Expect Tax Rebate from Budget’24?
Increased tax exemptions on home loan interest and principal repayments in Budget 2024-25 could greatly reduce tax burdens for homebuyers
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Jewellers expect sales to peak this festival season
Lower prices, revival in economy and easing of Covid restrictions favour brisk sales
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ADB forecast India’s economic growth to 10%
The revised forecast showed a 1% decline due to the ill effects of the second wave of the Covid-19 pandemic.
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Fiscal deficit of state’s to moderate to 4.1% of GDP
The agency mentioned in the report that it expects the aggregate fiscal deficit of Indian states to moderate to 4.1% of the gross domestic product.
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Economy gaining traction: RBI
The RBI in an article on the State of Economy said, the aggregate demand conditions are buoyed by the release of pent-up demand post unlock
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India should not get into areas where China is already a leader: Niti Aayog CEO Amitabh Kant
Kant emphasised that India's aim to become a global leader can be achieved if the country gets into the sunrise areas of growth.
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IMF cuts India’s GDP growth forecast to 9.5% for FY22
For 2022-23, IMF expects economic growth of 8.5%, larger than the 6.9% it had projected in April
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India's GDP growth expected to be 8.8-9%: Care Ratings
GDP growth for the year (FY22) is expected to be 8.8-9% with GVA (gross value added) growth of 7.8%.
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How digital transactions impact India's monetary aggregates
The increased use of digital money/pre-paid instruments has changed the composition of both reserve money as well as monetary base.
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ADB cuts India’s FY22 economic growth forecast to 10%
The downgrade was mainly on account of the impact of the Covid-19 pandemic
