'No basis in the claim that poverty is down to 5%'

'Without a poverty line, how are we to know whether poverty is the same, or it has come down or it has gone up?' IMAGE: A homeless girl asks for alms outside a coffee shop in Mumbai. Photograph:......

Defence Budget Can't Beat Inflation!

India spends significantly less on defence than could be expected from a country that faces simultaneous armed threats from two hostile neighbours -- China and Pakistan. IMAGE: An Indian Army......

SC verdict on Adani 'extraordinarily generous': Cong

The Congress on Wednesday said the Supreme Court judgment on certain matters relating to transactions by the Adani Group has proven to be 'extraordinarily generous' to Securities and Exchange Board......

GST@7: Challenges But Collections Surge

Average monthly GST collection rose from Rs 90,000 crore during the first year of its implementation -- 2017-2018 -- to Rs 1.68 trillion during 2023-2024, representing an 87 per cent rise.......

Nirmalaji Eyes Higher GDP Growth Target

'The nominal GDP growth assumption for FY25 may be revised upwards on higher growth expectations.' IMAGE: Finance Minister Nirmala Sitharaman chairs a pre-Budget meeting for Budget 2024-2025, June......

New base years for macros likely to kick in from Jan-Feb 2026

Updated new base years for national accounts and other macro-indicators are expected to come into effect from January-February 2026, coinciding with the first and second advance estimates of......

'Tax Relief For Middle Class Will Boost Markets'

'Like every Budget, this time, too, there is chatter around tinkering with the long-term capital gains tax.''Investors may not want to jump into the markets until there is clarity on this front.'......