Radar
The Indian economy is gradually recovering, and when examining the contributions made by citizens to the overall output, the direct tax to GDP ratio for FY24 stood at 2.12, compared to 1.18 in FY23, although it remains lower than the FY22 level of 2.52. According to time-series data released by the Income Tax Department on … Read more
NITI Aayog’s Agriculture Head Dr. Ramesh Chand asserts that there has never been any reduction in the minimum support prices (MSP) from the previous years. Why? The reason is more mechanical than provisional. If MSP is raised one year due to scarcity, that level becomes the base for future years and the new MSP formula … Read more
Relief may be in sight for Delhi-NCR residents reeling under soaring tomato prices, which have crossed ₹100 per kg mark, with increased supplies expected from Maharashtra in the coming days, Consumer Affairs Secretary Nidhi Khare said on Thursday. The government will continue selling tomatoes at a subsidised rate of ₹65 per kg in Delhi-NCR and … Read more
China’s Housing Minister Ni Hong has announced a series of measures to support the country’s beleaguered real estate sector, including a ramping-up of lending for unfinished projects. However, the move failed to impress investors and will add to doubts over whether China will actually be able to reach its 5 percent GDP growth target for … Read more
Marking the first deployment of its kind at a Korean Naval base, and seeing the nation’s navy carrying forward its project to improve battleship and base operation support capabilities and achieve comprehensive base defence, the Republic of Korea (ROK) Navy has selected Samsung Electronics and KT Corporation to deploy a private 5G network for its … Read more