The first all-women-run financial institution in the cooperative sector is coming up in Rajasthan following a memorandum of understanding (MoU) signed with the Telangana government's Stree Nidhi Credit Cooperative Federation. The new body will promote women's empowerment by supporting their enterprises.
The Federation of Indian Chambers of Commerce and Industry (FICCI) released its quarterly survey. The Indian economy is expected to expand 7% in fiscal 2022/23, slower than a previous estimate of 7.4% and the central bank's 7.2% projection, according to a survey by India's leading industry body.
The new GST rate for pre-packed, labelled food items including rice, wheat, atta, paneer, curd, jaggery, lassi, buttermilk, labelled meat (except frozen) and fish has now been fixed at 5 percent.
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