Economy – Page 36 – SRK Analytics

Cabinet Clears ₹14,115 Crore for Delhi’s Dwarka Tunnel and Kanpur-Kabrai Highway

Major Infrastructure Boost ApprovedThe Union Cabinet, led by Prime Minister Narendra Modi, officially approved two critical road infrastructure projects on Wednesday, allocating a total of ₹14,115 crore to improve connectivity…

Prasenjit Bhowmik July 3, 2026

Economy

Understanding TDS Obligations on Jointly Owned Property Rent

Individual tenants in India paying monthly rent exceeding ₹50,000 must now apply a per-landlord threshold when calculating Tax Deducted at Source (TDS) under Section 194IB of the Income Tax Act.…

Prasenjit Bhowmik July 3, 2026

Economy

India’s Economy Surges by 7.7% in FY26 Amid Robust Industrial Growth

Economic Expansion Driven by Manufacturing and ServicesIndia's economy expanded by 7.7% during the 2026 fiscal year, according to latest government data, as robust domestic demand and increased industrial productivity solidified…

Prasenjit Bhowmik July 3, 2026

Economy

8th Pay Commission: Odisha and West Bengal Meetings Signal Crucial Phase for Government Employees

The Path Toward Wage RevisionThe 8th Central Pay Commission has entered a critical consultative phase this week, with government representatives convening high-level stakeholder meetings in Odisha and West Bengal to…

Prasenjit Bhowmik July 3, 2026

Economy

US Job Growth Cools in June as Unemployment Rate Dips to 4.2%

The United States labor market experienced a significant deceleration in June, as the economy added only 57,000 jobs, falling well short of economist projections. While the unemployment rate edged downward…

Prasenjit Bhowmik July 3, 2026

Economy

The Shift to Usage-Based Auto Insurance: Is Pay-As-You-Drive Right for You?

As global driving habits shift toward remote work and urban mobility, insurance providers are increasingly rolling out Pay-As-You-Drive (PAYD) policies that charge premiums based specifically on actual vehicle usage. This…

Prasenjit Bhowmik July 3, 2026

Economy

India’s Coal Imports Decline Amid Rising Energy Consumption

Shifting Trends in India's Energy SectorIndia reported a 13% year-on-year decline in coal imports during April, a surprising development given the nation's simultaneous surge in electricity demand. Government officials attribute…

Prasenjit Bhowmik July 3, 2026

Economy

Optimizing Your Wallet: How Many Credit Cards Are Actually Too Many?

Financial experts and AI models are currently debating the optimal number of credit cards for consumers, as major banking institutions recently overhauled their rewards structures to tighten profitability. While artificial…

Prasenjit Bhowmik July 3, 2026

Economy

Reserve Bank of India Maintains Hardline Stance Against Cryptocurrency Legalization

The Reserve Bank of India (RBI) has formally advised a parliamentary standing committee that cryptocurrencies should not be legalized in the country, citing profound threats to macroeconomic stability, financial integrity,…

Prasenjit Bhowmik July 3, 2026

Economy

Bank of India Overnight Fund Tops Performance Charts in Recent Annual Review

The Bank of India Overnight Fund has secured the top position among peers in the overnight mutual fund category, delivering a 5.59% return based on one-year Compound Annual Growth Rate…

Prasenjit Bhowmik July 2, 2026