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EXPLAINED ECONOMICS NEWS - Page 49

Every percentage point of GDP growth that happens in the coming years is likely to create even fewer jobs, thanks to technological advancements. (Express Archive)

ExplainSpeaking | Global bright spot or the one-eyed king: Making sense of India’s GDP growth projectionsSubscriber Only

August 2, 2022 18:53 IST

Employment data both from MGNREGA and the annual report of companies shows that even an 8.7% GDP growth rate in FY22 was not adequate to create enough jobs. Here’s why India’s K-shaped economic recovery has several ‘K’s within it.

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Explained: ITR filing deadline is over, this is what you need to know if you did not file your return by July 31

August 1, 2022 19:02 IST

You still have until December 31, 2022 to file ‘belated’ ITRs for FY 2021-22, along with a penalty of Rs 5,000 if your total annual income is more than Rs 5 lakh. If it is less than 5 lakh, the penalty will be Rs 1,000.

The Bombay Stock Exchange in Mumbai. (Express Photo: Ganesh Shirsekar)

Explained: Markets rising, should you invest for short-term gains?Subscriber Only

July 29, 2022 17:04 IST

Over the last six weeks, the Sensex with a return of 10.5% has been one of the best performers among key indices across the world. Why has it risen, and what can be expected?

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Explained: Why the govt plans to scrap the decades-old Coffee ActSubscriber Only

July 29, 2022 17:04 IST

The government is planning to replace the 80-year-old Coffee Act with the new Coffee (Promotion and Development Bill), 2022, which has been listed for the Monsoon Session of Parliament. Here's why

Meta CEO Mark Zuckerberg

Explained: Why Facebook parent Meta saw first-ever fall in quarterly revenue, and what’s nextSubscriber Only

July 29, 2022 17:05 IST

Meta CEO Mark Zuckerberg said a major reason was the current economic downturn that impacted digital ad sales, Meta’s core business.

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