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Opportunity India Desk Feb 01, 2023 - 2 min readThe total allocation for health in the Budget 2023-24 stood at 2.1 per cent of the Gross Domestic Product (GDP) with a total allocation of 89,155 crore- 0.34 per cent higher than the last year allocation which was INR 86,200 cr. While addressing the Parliament, Union Finance Minister Nirmala Sitharaman came with a clear focus ...
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Opportunity India Desk Feb 01, 2023 - 3 min readUnion Budget 2023-24, presented by Finance Minister Nirmala Sitharaman, in parliament today, brought a number of changes in the taxation systems if for both the individuals and corporates. According to finance Minister Nirmala Seetharaman, As a result of various exemptions made for individuals and companies, tax revenue of about 38,000 crore – 37,000 crore in ...
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Opportunity India Desk Feb 01, 2023 - 6 min readUnion Finance Minister Nirmala Sitharaman on Wednesday presented the Budget 2023-24 in the Parliament which was also focused on education. The central government has planned to spend over INR 1.12 lakh crore in the education sector in the country. There is a significant increase in the outlay of the Ministry of Education from estimates of ...
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Opportunity India Desk Jan 31, 2023 - 3 min readUnion Finance Minister Nirmala Sitharaman on Tuesday said that agriculture sector has been witnessing robust growth with an average annual growth rate of 4.6 per cent over the last six years, enabling agriculture and allied activities sector to contribute significantly towards country’s overall growth, development and food security. “In recent years the country has emerged ...
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Opportunity India Desk Oct 19, 2022 - 3 min readAccording to a report commissioned by GoTo and conducted by OnePoll, 69 pc of business leaders globally believe a recession is likely to occur within the next six months. Moreover, around 97 per cent of Indian Business leaders believe their businesses can survive economic downturns. The majority of respondents from India were in the IT industry (36 ...
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Opportunity India Desk Sep 19, 2022 - 2 min readIn the backdrop of stable policies of the Government, focusing on simplification and streamlining of processes and plugging of tax leakage through effective use of technology resulted in the revival of economic activity after pandemic with direct tax collections continue to grow at a robust pace. According to the government data, the figures of Direct ...
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Opportunity India Desk Sep 19, 2022 - 4 min readThe National Logistics Policy has been created to address all the core challenges of the logistics and supply chain industry and reflects the government’s positive intent, Anshuman Singh, Chairman and Managing Director of Stellar Value Chain Solution said. According to experts, the policy sets the roadmap for developing a more interconnected and tech-driven framework for ...
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Opportunity India Desk Sep 16, 2022 - 3 min readMobile wallet payments have gained significant prominence in India with mobile and digital wallets gradually replacing traditional payments such as cash and cards as retailers from street merchants to big chains prefer mobile payments. GlobalData, a leading data and analytics company said that India is one of the most developed mobile wallet markets in the ...
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Opportunity India Desk Sep 09, 2022 - 1 min readSalt to Software conglomerate, Tata Group, is reportedly in talks with Taiwan based Wistron Corp to start a joint venture focussed to assemble Apple’s Iphones in India. This Joint inititative will be a Tata another step to push itself in technology sector. The Tata is planning to enter in the Smartphone sector with the help ...
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Opportunity India Desk Sep 07, 2022 - 3 min readUnion Minister for Commerce and Industry, Consumer Affairs, Food and Public Distribution and Textiles Piyush Goyal on Wednesday met the Venture Capitalists and encouraged them for deeper engagements and greater partnerships with the vibrant Indian startup ecosystem in San Francisco Bay Area. “Held an engaging interaction with venture capitalists in San Francisco Bay Area. Encouraged ...