Food prices have a direct bearing on poll preferences of the voter and in the past there have been instances when governments have been voted out due to rising food inflation

For the next six years, Modi's goal is to raise per capita income to $4,418 from around $2,500, the document says, without specifying the spending or reforms needed to achieve that

The report also mentions that climate change will contribute to the spread of disease, leading to lower government revenues and higher spending requirements

The Income Tax department on Thursday said ITRs 1, 2, 4 and 6 have been made available on e-filing portal from April 1, 2024, and about 23,000 returns have already been filed for the 2023-24 fiscal year. This is for the first time in recent years that the Income Tax department has enabled taxpayers to file their I-T Returns on the first day of the new financial year and, is a step towards ease of compliance and seamless taxpayer services. ITR Form 1 (Sahaj) and ITR Form 4 (Sugam) are simpler forms that cater to a large number of small and medium taxpayers. ITR-2 is filed by people having income from residential property). In a statement, the Central Board of Direct Taxes (CBDT) said it has facilitated taxpayers to file their Income Tax Returns (ITRs) for the 2024-25 Assessment Year (relevant to Financial Year 2023-24) from April 1, 2024. "The ITRs -- i.e. ITR-1, ITR-2 and ITR-4 -- commonly used by taxpayers are available on the e-filing portal from April 1, 2024 onwards for taxpaye

Currently, Mohan is serving as president emeritus and distinguished fellow at CSEP and is also part-time member of the Prime Minister's Economic Advisory Council

The benchmark 10-year bond yield ended at 7.0934%, following its previous close of 7.1030%

"In view of feedback received and recent developments, it has been decided that these directions will now come into effect from Friday, May 03, 2024," RBI said

Easing inflation, a smaller fiscal deficit and a turn in US Federal Reserve's policy rates create grounds for policy rate cuts in India

Onion prices could lead to vegetarian thali prices increasing later, says CRISIL

HSBC Bank survey says 'buoyant demand' led to a 'cascade of positivity for the sector'

The 1.97-trillion-rupee ($24 billion) production-linked incentive scheme (PLI) is India's key industrial policy and covers 14 sectors ranging from electronic products to drones

In the Purchasing Managers' Index (PMI) parlance, a print above 50 means expansion, while a score below 50 denotes contraction

China imported 1.82 million barrels per day of Russian crude by sea in March, exceeding India's 1.36 million bpd

So far, India has allowed only partial commercialisation for its three existing SPRs in southern India, which have a combined capacity of 36.7 million barrels

The windfall tax, which is revised fortnightly, remains at zero for diesel and aviation turbine fuel

The monetary policy committee of the RBI had hiked the policy repo rate by 250 basis points (bps) between May 2022 and February 2023 before hitting a pause

The highway authority has constructed 6,644 km stretch, exceeding its FY24 construction target, according to an official

Labour productivity and the working-age population, the twin engines of growth in the South Asian region, are slowing

Merchandise exports grew at fastest pace in 20 months at 11.9% in Feb

The objective of the joint call is to create solutions and use cases in the mutual areas of interest using high-performance computing, said the ministry