-PTI/ The Telegraph Confederation of Indian industry, which was part of the virtual pre-Budget meeting, calls for an aggressive focus on privatisation of public sector units The Budget should focus on measures to accelerate job creation and broaden the tax base by rationalising GST and personal income tax slabs to boost consumption, industry bodies said in their pre-Budget meeting with finance minister Nirmala Sitharaman on Monday. "The external scenario is likely to continue...

-PTI/ Business Standard On November 22, Sitharaman would meet agriculture and agro processing industry, representatives from financial sector and capital markets Finance Minister Nirmala Sitharaman will kick-start the customary pre-budget meetings beginning Monday with a special focus on issues concerning climate change and infrastructure. The minister would hold virtual meetings on November 21 in three groups with industry chambers, infrastructure sector and environment experts seeking suggestions for the 2023-24 Budget making from stakeholders. On...

-Newsclick.in Weavers' cooperatives struggling due to lack of orders from two state govt. owned retailing units along with other factors Kolkata:  The famous   “khat-khat- khat “  sound that comes from a traditional handloom weavers hut is becoming fainter in Shantipur of Nadia district about 100 kilometres from the state Capital of Kolkata. Shantipur is known for its weaving skills and traditional weavers producing Shantipur sarees which are high in demand in...

-The Hindu Consumer demand started to decline before the pandemic and worsened after outbreak In September, Finance Minister Nirmala Sitharaman was anguished that industry was holding back from investing in manufacturing despite a significant cut in corporate tax rates in 2019. The slowdown in corporate investment did not happen because companies were making losses. In fact, private companies, boosted by considerable tax cuts, made windfall profits. A State Bank of India analysis shows...

-ThePrint.in In an affidavit filed before Supreme Court, environment ministry has said domestic production of GM Mustard will reduce India’s dependency on other countries to meet domestic demand. New Delhi: Defending the clearance given last month to the environmental release of Genetically Modified (GM) Mustard, the central government told the Supreme Court that the deployment of GM Mustard hybrids will contribute to India’s self-sustenance in the production of edible oil and shall...