Economy – Page 93 – Arab Daily Digital

FM hikes Capex by 34.5% in FY22

Accordingly, the FM proposed to increase the capital expenditure to Rs 5.54 lakh crore from Rs 4.12 lakh crore in BE FY21….reports Asian Lite News Finance Minister Nirmala Sitharaman on Monday proposed

1 February 2021

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‘Procurement of crops to continue at the minimum support price’

Finance Minister Nirmala Sitharaman on Monday said farmers are getting 1.5 times of the minimum support price (MSP) on procurement of foodgrains. In her Budget speech, the Finance Minister said procurement of

1 February 2021

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BUDGET 2021: Nirmala replaces ‘bahi khata’ with ‘Made in India’ tablet

In a significant change amid digitalisation, Finance Minister Nirmala Sitharaman this year unveiled a ‘Made in India’ tablet replacing the traditional briefcase before presenting Budget 2021. With the move aimed at a

1 February 2021

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Economic Survey stresses on providing more fiscal support

It suggested that to ensure that the economy remains in good health to avail the full benefit of these significant reforms, the “economic bridge” between the medium and long-term has to be

29 January 2021

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Indian Economy May Take Two More Years To Bounce Back

Contrary to expectations of a faster growth in FY22 helping to shave off the sharp GDP contractions this year, the Indian economy will take at least two more years to return to

29 January 2021

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‘Pandemic led to ‘V’-shaped economic recovery’

India’s timely and stringent lockdown to curb the spread of Covid-19 pandemic led to the ‘V’-shaped economic recovery, said the Economic Survey 2020-21. The document was tabled by Finance Minister Nirmala Sitharaman

29 January 2021

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India’s GDP estimated to contract by 7.7 %

India’s GDP is estimated to contract by 7.7 per cent during the current fiscal, said the Economic Survey 2020-21 on Friday. The document which was tabled by Finance Minister Nirmala Sitharaman in

29 January 2021

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‘Govt will take every step to fulfill people’s expectations’

Prime Minister Narendra Modi on Friday said the Budget Session 2021 is a golden opportunity to fulfill the dreams of our freedom fighters. Modi was addressing the media before the Presidential address

29 January 2021

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UN predicts revival of Indian economy

The United Nations sees the Indian economy recovering by 7.3 per cent this calendar year after a coronavirus-driven fall of 9.6 per cent last year…writes Arul Louis. The UN’s World Economic Situation

26 January 2021

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Biden’s $1.9Tn relief package unveiled

US President-elect Joe Biden has unveiled a $1.9 trillion Covid-19 relief bill, which includes another round of direct payments to individuals, aid for state and local governments, increased unemployment benefits, as well

15 January 2021

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Economy - Page 93