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India lucrative for steelmakers because higher infra spending, economic growth

The government's infrastructure expansion push in urban & rural areas and schemes like PM Gati Shakti and Make in India contributed to increased steel demand.

The furnace in a steel factory (Representational)
Published on Jun 22, 2024 08:36 PM IST

Guest Column| Revive Punjab’s economy for development, peace

As a first step, the Punjab government should rationalise subsidies, raise adequate revenue and free the fiscal policy for unleashing dynamics of development. Another doable step is to make policy institutions functional and decentralise decision-making, while ensuring the participation of the stakeholders.

Workers on the job at one of Ludhiana’s many cycle manufacturing units. Punjab’s industrial sector is small both in size and scale. Modern industry has shifted to neighbouring states due to a special package of tax concessions and subsidies by the Centre. (HT file photo)
Published on Jun 19, 2024 05:32 PM IST
ByLakhwinder Singh

Government considering income tax rate cut to boost consumption: Budget 2024

Government considers income tax rate cuts to boost consumption in the economy and increase savings for the middle class as consumption growth slowed.

Representational (Unsplash)
Updated on Jun 18, 2024 02:23 PM IST

India's agriculture faces concerns as monsoon rains a fifth below normal

India received 20% less rainfall than normal since June 1, with almost many regions seeing shortfalls & some northwestern states experiencing heat waves.

A farmer walks on a lake that has dried up due to drought outside Beed, India (Rafiq Maqbool/AP Photo)
Published on Jun 17, 2024 06:20 PM IST
Reuters |

India's monsoon rains a fifth below normal so far

INDIA-MONSOON:India's monsoon rains a fifth below normal so far

India's monsoon rains a fifth below normal so far
Published on Jun 17, 2024 04:08 PM IST
Reuters |
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