April GST collection surges to Rs 2.10 lakh crore

02 May 2024 02:00 AM IST

A recent Certified Practising Accountant (CPA) Australia survey reveals an overwhelming optimism among Indian small businesses, with 84 per cent anticipating continued growth in 2024, significantly surpassing the market average of 70 per cent. Despite global economic uncertainties, 80 per cent of Indian respondents remain confident about the local economy’s prospects for 2024, well above […]

April GST collection surges to Rs 2.10 lakh crore

02 May 2024 02:00 AM IST

More than eight out of 10 senior business leaders have already deployed artificial intelligence (AI) to enhance existing revenue streams or create new ones, a new study by Tata Consultancy Services, a global leader in IT services, found recently. The ‘TCS AI for Business Study’, a report on the state of AI adoption and its […]

April GST collection surges to Rs 2.10 lakh crore

02 May 2024 02:00 AM IST

The global economic outlook has improved since January, with major economies avoiding a severe downturn, according to World Economic Situation and Prospects as of mid-2024, released by the UN. The world economy is now projected to grow by 2.7 per cent in 2024, instead of 2.4 per cent forecasted earlier, on the back of better-than-expected […]

April GST collection surges to Rs 2.10 lakh crore

02 May 2024 02:00 AM IST

Remittances are financial or in-kind transfers made by migrants directly to families or communities in their countries of origin. The World Bank compiles global data on international remittances, notwithstanding the myriad data gaps, definitional differences and methodological challenges in compiling accurate statistics. Its data, however, do not capture unrecorded flows through formal or informal channels, […]

April GST collection surges to Rs 2.10 lakh crore

02 May 2024 02:00 AM IST

The unemployment rate for people aged 15 years and above in urban areas declined to 6.7 per cent in the January-March period from 6.8 per cent a year ago, according to the National Sample Survey Survey (NSSO). Joblessness, or unemployment rate, is defined as the percentage of unemployed people in the labour force. The unemployment […]

April GST collection surges to Rs 2.10 lakh crore

02 May 2024 02:00 AM IST

India’s inflation based on wholesale price index (WPI) in April increased at a positive rate of 1.26 per cent year on year, when it was 0.8% in April 2023, driven by fuel and power, WPI-food (primary food + manufactured food) and core-WPI (manufactured non-food products) groups, rising to a 13 month high, pushed by increase […]

April GST collection surges to Rs 2.10 lakh crore

02 May 2024 02:00 AM IST

Retail inflation eased to an 11-month low of 4.83 per cent in April as prices of some kitchen items declined though overall food basket firmed up marginally, according to a government data released on Monday. The Consumer Price Index (CPI)-based retail inflation was 4.85 per cent in March. It was 4.7 per cent in April […]

April GST collection surges to Rs 2.10 lakh crore

02 May 2024 02:00 AM IST

The number of internationally mobile students globally has significantly increased over the last two decades, as highlighted by data collected by UNESCO.33 In 2001, this number was at just over 2.2 million. A decade later, the number of internationally mobile students had grown to more than 3.8 million. This number continued to increase in the […]

April GST collection surges to Rs 2.10 lakh crore

02 May 2024 02:00 AM IST

The Indian residential property sector surged relentlessly on in Q1 2024 in terms of both sales and new launches, but the gains are increasingly uneven across budget segments. Latest ANAROCK data comparing luxury and affordable housing sales share shows luxury gaining markedly while affordable housing continues bleed. Of approx. 1,30,170 units sold across the top […]

April GST collection surges to Rs 2.10 lakh crore

02 May 2024 02:00 AM IST

The recent move of the Insurance Regulatory and Development Authority of India (IRDAI), the insurance regulator, to help senior citizens and those with pre-morbid conditions is expected to make health insurance premiums go up by 10-15%, according to reports quoting experts. From 1April 2024, IRDA has updated the definitions of the pre-existing condition and moratorium […]