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The cost of education at foreign institutions, already much higher than its Indian counterparts, has risen sharply in recent decades. While most major banks and some non-bank financial firms offer study abroad loans, large loan amounts and tighter work visa restrictions increase the risk of remaining in debt. This makes it even more important to …
The monthly Goods and Services Tax (GST) collection reached an all-time high of Rs. The gross GST tax exceeded Rs 1.5 crore for the first time in April 2022 and Rs 1 crore for the 10th consecutive year. The gross revenue of GST collected in April 2022 is Rs 167,540 crore, of which Rs 33,159 …
The S&P Global India Manufacturing Purchasing Managers’ Index (PMI) rose to 54.7 in April from 54.0 in March. A reading above 50 indicates an expansion of activity, while a pressure below 50 is a sign of contraction. According to IHS Markit, the author of the PMI, Indian manufacturing activity saw a strong rise in new …
India’s eight key sectors rose 4.3% in March from 6% in February, the Commerce Ministry said on April 29. According to the latest data, only three of the top eight sectors saw faster output growth rates in March, compared to six in February. These three sectors were fertilizers, cement and electricity. While fertilizer output increased …
The main goal of a successful retirement plan is to ensure that you have adequate financial resources to maintain or enhance your lifestyle during your retirement years. If you’re retired and want to travel and shop more, you’ll need to save more. The amount you need to save depends on how you plan to spend …
A budget can be crucial to understanding – and controlling – where your money goes. Whether you’re new to planning your finances or have struggled in the past, these budget tips can help you stick to the plan. 7 budget tips for everyone Decide why you are budgeting Start by articulating what inspires you to …
Budgeting is the process of creating a plan for spending your money. This spending plan is called a budget. By creating this spending plan, you can determine in advance whether you have enough money to do the things you need or want to do. What is budgeting? This is an important planning and forecasting process …
Through this directive, which gives operators the “right to use” the information technology and infrastructure of the Indian railways, the national airline has liberalized and simplified some of the operations that were otherwise mainly carried out by the IRCTC. To encourage and attract tourism businesses, Indian Railways announced the introduction of Bharat Gaurav trains operated …