The government is unlikely to increase the allocation for key tax remission schemes for exporters in the 2024-25 budget, despite demands for more support. In the interim budget, ₹16,575 crore was earmarked for the RoDTEP scheme and ₹9,246 crore for the RoSCTL scheme. Exporters argue for adequate allocation to maintain zero-rated exports, a government policy, as merchandise exports rose 5.1% year-on-year in the first two months of this fiscal.
Clarity on global tariffs key to Tata Motors’ long-term valuation: Ashi Anand
Ime Capital’s Ashi Anand highlights the strong performance of new-age digital platforms like Paytm. These companies are exceeding profitability expectations. Quick-commerce losses are peaking faster