Union Budget 2023: Finance Minister Nirmala Sitharaman will soon present the general budget for 2023-24. This will be the fifth consecutive budget to be presented by him, as well as the last budget of the second term of the Modi government. Before presenting the budget, the Finance Minister said that he is fully aware of the pressure being felt by the middle class of the country. However, he said that the current central government has not put the burden of any new tax on the middle class. But the question…
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After Relief From Inflation Instead Of Controlling Prices Government Can Focus On The Economic Growth Rate
listen to the news listen to the news After the relief on the inflation front, instead of controlling the prices, the government can now focus on the economic growth rate. In such a situation, the RBI can also stop the pace of increasing the policy rates in the meeting of the Monetary Policy Committee (MPC) to be held from 6 to 8 February. This will help in increasing the growth rate. Officials said, fears of a global recession are likely to dent economic reforms. In such a situation, there is…
Read MoreRecession Will Not Hit Like Before Companies Need Staff Says Report
Bloomberg Economics Report: The global economy is taking a hit and some of the world’s biggest companies are already laying off thousands of employees, but a glimmer of hope is flickering. The report of Bloomberg Economics is pointing in this direction. According to the report, this time if there is a recession, then the employees will have more opportunities than usual to stay in their jobs. The report states that almost three years after the hit of the Corona epidemic, companies around the world still complain that they do not…
Read MoreFalling Commodity Prices And Kharif Crops Arrival Set To Dampen Inflationary Pressures Says Finance Ministry
Indian Economy: Common people can get relief from inflation after the drop in commodity prices in the international market and the arrival of new Kharif crop in the market. The Department of Economic Affairs of the Ministry of Finance has released its Monthly Economic Review in which these things have been said. In this report of the Finance Ministry, it has been said that due to the decline in global growth, high inflation and deteriorating financial conditions, the risk of global recession has increased. impact on economic activityThe report of…
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