Former Chief Economic Adviser Arvind Subramanian told NDTV that India is not facing a full-blown 1991-style balance of payments crisis, but rather a "price adjustment problem" triggered by soaring global energy prices. He said India's long-standing subsidy-heavy approach to petroleum, fertilisers and power is becoming increasingly difficult to sustain amid rising oil prices and rupee weakness. Subramanian argued that energy prices and the rupee must adjust gradually to reflect global realities, while vulnerable groups should be protected through targeted direct benefit transfers instead of blanket subsidies.
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The suspicion is that they helped fraud gangs get blocked bank accounts reopened.
Planning to exchange your mother's 30-year-old gold this Dhanteras? Know the declaration rules, jeweller deductions, GST, and capital gains tax before exchanging your old jewellery.
With Samvat 2083 beginning on Sunday, November 8, investors will be watching whether the auto sector can regain momentum or face another challenging year.
For buyers focused on accumulating physical gold, coins can be an alternative to jewellery. They avoid the high making charges often associated with intricate ornaments and come in different weights, giving customers greater flexibility when spending a fixed amount.
Payment records can prove India's services exports, and clear, proportionate rules can bring foreign digital sellers into the tax net.
National CA Day: भारत की आर्थिक तरक्की के मौन शिल्पकार हैं सीए
Thursday July 02, 2026आज राष्ट्रीय चार्टर्ड अकाउंटेंट दिवस (सीए-डे) मनाया जा रहा है. भारत की विकास यात्रा में चार्टर्ड अकाउंटेंट्स के योगदान को याद कर रहे हैं कृष्ण गोपाल अग्रवाल.
मोदी सरकार के 12 साल: कैसे तय होगा 10 ट्रिलियन डॉलर वाली अर्थव्यवस्था बनने का सफर, अब तक क्या हुआ
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Opinion | Why States, Not Centre, Should Get All The Credit For GST 'Savings'Derek O’Brien
Wednesday October 22, 2025Amidst all the hoopla, it is the State governments that truly deserve recognition for coming together for the GST revision. Because the States are the ones bearing the brunt of massive revenue losses.
GST Rate Cuts Light Up The Festive Season
Wednesday October 15, 2025The GST rationalisation is a gradual impetus to India's growth story.
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