Economy

Government Approves 8.15% Interest Rate on Employees’ Provident Fund for 2022-23

Government Approves 8.15% Interest Rate on Employees’ Provident Fund for 2022-23 In a significant decision benefiting millions of employees across India, the government has given the green light for an 8.15% interest rate on the Employees’ Provident Fund (EPF) for the financial year 2022-23. The approved interest rate is expected to provide considerable financial relief …

Revitalizing Bengaluru: Karnataka Government Joins Hands with WDO for Urban Transformation

Revitalizing Bengaluru: Karnataka Government Joins Hands with WDO for Urban Transformation In a significant development aimed at transforming the cityscape of Bengaluru, the capital city of Karnataka, the state government has entered into a historic partnership with the World Design Organization (WDO). The partnership seeks to leverage the expertise of WDO to revamp and enhance …

Bain Capital Acquires 90% Stake in Adani Capital and Adani Housing:Report

Bain Capital Acquires 90% Stake in Adani Capital and Adani Housing:Report In a significant development in the financial and real estate sectors, global investment firm Bain Capital has announced its acquisition of a 90% stake in Adani Capital and Adani Housing. This strategic move marks a major milestone for both companies and could potentially reshape …

Tomato Prices Skyrocket to ₹160 per kg in Madhya Pradesh’s Raisen, Impacts Consumers and Agricultural Sector

The cost of tomatoes has skyrocketed in Madhya Pradesh’s Raisen district, reaching an astonishing ₹160 per kilogram. This report sheds light on the surge in tomato prices, the factors contributing to the increase, and its potential impact on consumers and the agricultural sector. Surge in Tomato Prices: Tomato prices in Raisen have experienced a significant …

Sitharaman Highlights Cheaper Items After GST Implementation and Defends the Tax Reform Against Criticism

In a recent statement, Finance Minister Nirmala Sitharaman listed various items that have become cheaper after the implementation of the Goods and Services Tax (GST) in India. She expressed her disappointment over the negative perception surrounding GST and criticized those who label it derogatorily. This report provides a detailed analysis of the cheaper items highlighted …