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News

Can India’s economy overtake Japan’s by ’29?

India’s chances of becoming the third-largest economy in the world by 2029 are uncertain due to the challenges posed by inflation and the slow growth of other major economies such as Japan. Additionally, per-capita income is a more important metric to consider in assessing the economic situation.

9 min read9 Aug 2023
Markets

Pricing edge may cost services firms

The services sector output was said to be supported by favourable demand, new client wins and positive market dynamics. A comparison of headline PMI data shows that momentum in economic activity remains higher in services sector than manufacturing.

2 min read6 Jun 2023
Economy

Direct tax receipts after refunds in FY23 grow 18%

Gross direct tax collections for FY23 before adjusting for tax refunds stood at ₹19.68 trillion, a growth of 20.33%, CBDT said.

1 min read3 Apr 2023
News

Industrial, logistics sector leasing seen at 32-35 mn sq ft in 2023: Report

The government’s strong capex programme, with a focus on infrastructure development and capacity building across sectors, is aimed at driving investment. As the second-largest employment generator in India, the real estate sector will continue to be a focus area for these investments

1 min read3 Apr 2023
Economy

Indian economy to grow at 7%; inflation set to moderate: Finance Ministry

India’s current account deficit is estimated to fall in FY23 and FY24, providing a buffer to the rupee in uncertain times, Monthly Economic Review by the ministry said

3 min read21 Mar 2023

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Budget

The Union Budget contains details about the estimated receipts and the expenditure of the government for a particular fiscal year. The Budget is allotted for the upcoming fiscal year, which runs from 1st April to 31st March of the next year. Here is a quick guide on how the Union Budget is prepared

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Plain Facts

Exciting, sharp and clear analysis of the trends that matter, through data and charts. Plain Facts is published every weekday, with coverage spanning across themes, including corporate strategy to inflation to unemployment and emerging sectors. Follow us on #MintPlainFacts across social media.

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