Sitharaman had announced an income tax reform, allowing zero income tax for those earning up to ₹12 lakh. The RBI then announced a 25 bps repo rate...
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Finance minister Nirmala Sitharaman emphasized that coordinated fiscal and monetary efforts by the government and RBI will boost consumption. She noted early signs of strong orders for the next fiscal, indicating a recovery in consumption and potential private investment. Her remarks followed income tax relief measures and an RBI rate cut, highlighting collaboration with the RBI to maintain economic stability.
Sitharaman had announced an income tax reform, allowing zero income tax for those earning up to ₹12 lakh. The RBI then announced a 25 bps repo rate...
Finance minister Nirmala Sitharaman expressed confidence in moderating inflation while emphasizing that the government and RBI are monitoring the...
Healthy Rabi prospects and an expected recovery in industrial activity should support economic growth in 2025-26, RBI Governor Sanjay Malhotra said...
The rate cut can enhance liquidity in the banking system and will also revive consumption and fiscal discipline.
The recent policy measures will boost growth in the coming months.
FM Sitharaman further said that the basic customs duty (BCD) changes were not a knee-jerk reaction to any global developments and had been in the...
Finance Minister Nirmala Sitharaman, while speaking in the Lok Sabha, quoted former RBI Governor Raghuram Rajan.
Judith Phiri, Business Reporter The Reserve Bank of Zimbabwe (RBZ) has said its monetary policy stance for the first half of 2025 will be based on a...
Union finance minister Nirmala Sitharaman cites former RBI Governor Raghuram Rajan during her Lok Sabha address concerning the rupee's depreciation...
Finance minister Nirmala Sitharaman stated that 99% of borrowed resources will be used for capital expenditure in 2025-26, with effective capital...