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India and the U.S., on Tuesday, launched a programme to enhance their strategic partnership with delegations led by National Security Adviser (NSA) Ajit Doval and his American counterpart, Jake Sullivan, meeting in Washington for the inaugural dialogue of the Initiative on Critical and Emerging Technologies (iCET). The two sides announced …

The Union Budget for 2023-24, presented by Finance Minister Nirmala Sitharaman on Wednesday, is a mixed bag for Tamil Nadu. It is silent on extending the GST compensation period and the measures that the State had sought. The Tamil Nadu government had sought an extension of the GST compensation period …

Underlining a commitment to accelerate the Indian economy’s transition to green energy, Union Finance Minister Nirmala Sitharaman in her Budget speech on Wednesday mentioned a slew of schemes aimed at promoting clean energy and sustainable living. She said green energy was among the Saptarishi or seven guiding lights that would steer India …

Up to 50 new tourist destinations will be developed; an information-driven app created for tourists and ‘Unity Malls’ will be set up in State capitals to showcase handicrafts and products with geographical indication (GI) status. These are among the slew of measures announced in the Union Budget for promotion of …

1 of 2 Shot in the arm: Import of capital goods, machinery required to make lithium-ion cells for EV batteries get duty exemption. Reuters With a view to promoting exports, boosting domestic manufacturing, and enhancing value addition, the Union Budget has proposed a number of changes to the Customs Duty regime which is likely …

In the 75th year of India’s Independence, the World has recognized the Indian Economy as a ‘bright star’ as the Economic Growth is estimated at 7 per cent, which is the highest among all major economies, in spite of the massive global slowdown caused by COVID-19 and Russia-Ukraine War. This …

Union Minister for Finance and Corporate Affairs, Smt. Nirmala Sitharaman, presented the Economic Survey 2022-23 in the Union Parliament today. The highlights of the Survey are as follows: State of the Economy 2022-23: Recovery Complete Recovering from pandemic-induced contraction, Russian-Ukraine conflict and inflation, Indian economy is staging a broad based …

India to witness GDP growth of 6.0 per cent to 6.8 per cent in 2023-24, depending on the trajectory of economic and political developments globally. The optimistic growth forecasts stem from a number of positives like the rebound of private consumption given a boost to production activity, higher Capital Expenditure …

The idea of ‘alienation’ by Karl Marx is one of the most widely discussed concepts in social, political and economic theory. It is an idea that a young Marx developed out of his study of Friedrich Hegel. Marx first explained the concept of alienation in Economic and Philosophical Manuscripts and later elaborated …

India’s domestic pharmaceutical market, estimated at $41 billion in 2021, is likely to touch $130 billion by 2030, as per the Economic Survey 2022-23, tabled in Parliament on Tuesday. Highlighting the role of the Indian pharmaceuticals industry globally, the Survey showed the country was ranked third worldwide in terms of …