Softening of WPI inflation to propel economy on higher growth path: Economists

Softening of WPI inflation to propel economy on higher growth path: Economists

Follow Us on Google News New Delhi, June 16 (IANS) The continued softening of wholesale price index (WPI) inflation since December 2024 is a positive signal for higher economic growth in India, economists said on Monday, adding that they expect WPI inflation to remain benign in the coming months, assuming geopolitical tensions abate. The annual … Read more

Tax concessions will accelerate both spending and savings: Economists

Tax concessions will accelerate both spending and savings: Economists

Kolkata, Feb 1 (IANS) Union Finance Minister Nirmala Sitharaman’s proposal to raise the minimum tax slab to Rs 12 lakh from Rs 7 lakh in the new regime in addition to Rs 75,000 of the standard deduction for salaried taxpayers will boost both expenditure and savings among the middle-class section of the Indian population, feel … Read more