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Housing sales fell 67 per cent at 21,294 units across nine major cities during April-June due to outbreak of the coronavirus pandemic. (PTI Photo)

Housing sales makes new peak in 2023

Chennai: Housing sales in the top 7 cities have created a new peak in 2023, increasing 31 per cent over the previous...

28 Dec 2023 5:53 PM IST

Central Board of Direct Taxes (CBDT) chief Nitin Gupta on Wednesday said that with the economy doing well, the government is expected to exceed the Rs 18.23 lakh crore direct tax collection target set for the current fiscal.(Image:DC)

Tax revenues of FY24 to be 17.2 pc more than last year

Chennai: Tax revenues of FY24 is expected to be 5 per cent higher than the budget estimate and 17.2 per cent higher than...

27 Dec 2023 11:34 PM IST

Stagflation risk in India is lower at 1% (Representational Image)

Stagflation risk in India is lower at 1%

Mumbai: The pace of global growth may slow further in 2024 while disinflation at varying pace in different geographies...

20 Dec 2023 9:19 PM IST

The IMF on Monday released its annual Article IV consultation with India, according to which the South Asian country, underpinned by prudent macroeconomic policies, is on track to be one of the fastest-growing major economies in the world this year. (PTI File Image)

IMF Sees India Adding 16% to Global Growth

WASHINGTON: Growing at a robust rate due to economic reforms in key sectors like digitisation and infrastructure, India...

20 Dec 2023 12:30 AM IST

The Charminar police seized Rs 37 lakh unaccounted cash from two persons on Thursday midnight. In another instance, Central Zone task force sleuths seized Rs 10 lakh cash at Goshamahal on Friday. The cash was handed over to the income-tax department. (Representational image)

Government Significantly Reduces Windfall Profit Tax on Crude Oil and...

New Delhi: The government on Monday cut the windfall profit tax significantly on crude oil produced in the country and...

19 Dec 2023 4:32 PM IST

The first thing before using tax savings calculator is that you should know the sections that offer exemptions and deductions as well as the various tax savings investments in India

Direct tax collection rises 21% to Rs 13.7 lakh crore

New Delhi: The government on Monday said that net direct tax stood at Rs 13.70 lakh crore as on December 17, rising over...

18 Dec 2023 10:59 PM IST

Retail inflation increased to 5.54 per cent in November higher than the 4.62 per cent in October.

India's Industrial Output Reaches 16-Month High

New Delhi: Showing the resilience of Indian economy, the country's industrial output growth stood at a 16-month high...

13 Dec 2023 12:00 AM IST

Mr. Markus Tan, Regional Director for India, Middle East, South Asia, and Africa (IMESA).

Singapore Tourism Board names Markus Tan as Regional Director, IMESA

The Singapore Tourism Board announces the appointment of Mr. Markus Tan as the Regional Director for India, Middle East,...

12 Dec 2023 9:43 PM IST

Hyderabad, in particular, has seen a remarkable growth of 260 per cent in the luxury housing segment during. (DC Representational Image)

Housing Finance Companies transforming Rural and Semi-Urban...

The Indian housing market has always been dynamic

12 Dec 2023 6:57 PM IST

RBI may extend moratorium on repayment of loans for three more months. (PTI Photo)

RBI announces establishing Cloud facility for financial sector

Mumbai: The Reserve Bank of India (RBI) will offer a cloud facility for banks and financial institutions to help enhance...

9 Dec 2023 9:48 AM IST

The Reserve Bank of India (RBI) will conduct the auction on June 7. (Representational Photo:DC)

Inflation is top priority, loosening of rates is not on the table: RBI...

Mumbai: With the fundamentals of the Indian economy remaining strong and the recently announced Gross Domestic Product...

8 Dec 2023 11:02 PM IST

India has decided to allow the export of rice to meet the food security requirements of the Southeast nation, the Ministry of External Affairs (MEA) said. (Representational image: AP)

Dependency on farm input imports and subsidies should come down

Rice exports alone account for 45 per cent of India's agricultural exports, and India is the largest exporter of rice

6 Dec 2023 2:12 PM IST