FM Nirmala Sitharaman asserts Union Budget strikes fine balance between growth & financial consolidation
Finance Minister Nirmala Sitharaman has said that the Union Budget strikes a fine balance among priorities like growth, employment, welfare, capital i...
Core Industries Record 4% Growth in June
The eight core industries include sectors such as coal, cement, steel, and electricity posted a four per cent growth in June this year compared to the...
US Federal Reserve keeps interest rates unchanged at 5.25% to 5.5%
The US Federal Reserve has left interest rates unchanged at 5.25 per cent to 5.5 per cent, as inflation continues to cool, hinting that a rate cut mig...
Maharashtra govt signs MoU with Toyota for electric car plant in Sambhaji Nagar
Toyota Kirloskar has signed a Memorandum of Understanding (MoU) with the Maharashtra government to invest ₹20,000 crore in a greenfield project in Chh...
27 States Benefit from Production-Linked Incentive Scheme under Atmanirbhar Bharat Initiative: Government
The Government yesterday said that 27 states in the country have taken the benefit of the production-linked incentive (PLI) scheme under the Atmanibha...
Total 579 routes connecting 85 airports operationalised in country under UDAN Scheme: MoS for Civil Aviation
A total of 579 routes connecting 85 airports including 13 heliports and 2 water aerodromes have been operationalised in the country under the UDAN Sch...
MoD, NSE sign MoU to facilitate capital market access to MSMEs
Ministry of Defence and National Stock Exchange of India Limited yesterday signed a Memorandum of Understanding (MoU) to facilitate capital market acc...
India’s coal production surges by 11.65% in FY2023-24
In 2023-24, India’s coal production surged by 11.65 percent, underscoring the government’s dedication to achieving self-reliance. The Ministry of Coal...
Digitalisation can create a more complex and interconnected financial system with implications for financial stability: RBI
The Reserve Bank of India has said yesterday that digitalisation can create a more complex and interconnected financial system with implications for f...
Over 5 Crore Income Tax Returns Filed Till July 26
The Income Tax Department has said that over 5 crore Income Tax Returns (ITRs) have been filed for the current assessment year, representing an 8 perc...
India’s Steel Production To Surpass 300 Million Tonnes By 2030
Steel production in India, driven by robust demand for government infrastructure projects, is projected to surpass 300 million tonnes (MT) by 2030, St...
Finance Minister Slams Karnataka Govt For Rising Inflation & Borrowings
Union Finance Minister Nirmala Sitharaman has strongly hit out at the opposition and the Karnataka State Government for spreading falsehood on tax dev...
RBI Issues Prompt Corrective Action Framework For UCBs
The Reserve Bank of India (RBI) has issued a prompt corrective action (PCA) framework for primary (urban) co-operative banks to give more focus on lar...
India’s Forex Reserves Surge By 4 Billion Dollars To Hit Fresh Record High Of 670.86 Billion Dollars
India’s foreign exchange (Forex) reserves rose to all-time high of 670.86 billion dollars for the third consecutive week as of 19th of July. According...
RBI Tightens KYC for Domestic Money Transfers
Mumbai: The Reserve Bank of India (RBI) on Wednesday tightened the know your customer (KYC) record requirements for domestic money transfer services. ...
SEBI Study: Over 70% Of Intra-Day Equity Traders Face Losses In 2022-23 Fiscal
A study conducted by SEBI has found that more than 70 per cent of individual intra-day traders in the equity cash segment have incurred losses in the ...
ESIC adds 23.05 lakh new members in May
New Delhi: Employees' State Insurance Corporation (ESIC) added 23.05 lakh new workers under the ESI scheme run by it in May 2024, the labour ministry ...
Rupee moves in narrow range against US dollar in early trade
Mumbai: The rupee was trading in a narrow range and fell 1 paisa to 83.70 against the US dollar in early trade on Wednesday, weighed down by a weak ri...
Railways Minister Ashwini Vaishnaw Terms Allocation In Union Budget 2024-25 For Railways As Historic
Union Minister for Railways Ashwini Vaishnaw has termed the allocation in the Union Budget for Railways as historic. Addressing media in New Delhi, Mr...
Standard Deduction For Salaried Employees Increased To Rs 75,000 Under New Tax Regime
Finance Minister has increased the standard deduction for salaried employees in Income Tax from 50,000 rupees to 75,000 rupees under the new tax regim...
FICCI President Anish Shah Lauds Budget 2024-25
Industries have welcomed the Union Budget 2024-2025. Speaking to the media in New Delhi, FICCI President Anish Shah lauded the budget. He said the bud...
Union Budget Cuts Custom Duties On Mobile Phones, Gold, Silver, And Platinum To Become Cheaper
The Union Budget has reduced basic customs duty on mobile phones, Printed Circuit Board Assembly (PCBA) and mobile chargers to 15 per cent.Precious me...
BSE MD & CEO Sundararaman Ramamurthy Terms Union Budget 2024-25 As Forward-Looking, Equitable And Middle-Class Oriented
The Bombay Stock Exchange’s MD & CEO, Sundararaman Ramamurthy has termed the Union Budget 2024-25 as forward-looking, equitable and middle-class o...
Govt will strive to further simplify, rationalise GST tax structure: FM
New Delhi: Finance Minister Nirmala Sitharaman on Tuesday said the government will strive to further simplify, and rationalise GST (Goods and Services...
Rs 1.48 lakh cr allocated for for education, employment, skill in Union Budget
New Delhi: The Union Budget for 2024-25 will provide Rs 1.48 lakh crore for education, employment and skilling in the country.Presenting the Budget in...
Markets jump in early deals ahead of Budget
Mumbai: Stock markets climbed in early trade on Tuesday, with the Sensex climbing over 264 points, ahead of the Union Budget presentation later in the...
One month wage for first-time employees: FM Sitharaman
New Delhi: Finance Minister Nirmala Sitharaman on Tuesday announced that the Central government will give one month’s salary to the new employee...
GDP Growth Projected At 6.5-7 % In Economic Survey
Economic Survey 2023-24 has projected a real Gross Domestic Product (GDP) growth of 6.5 to 7 per cent in Financial Year 2024-25. On the first day of t...
RBI Deputy Governor M Rajeshwar Rao Addresses The BFSI Summit In Mumbai
RBI Deputy Governor M Rajeshwar Rao emphasized the importance of banks taking customer complaints seriously and using them as feedback to enhance thei...
Ball Beverage to Set Up Rs 700 cr Unit in Telangana: Sridhar Babu
Ball beverage and packaging, a unit of Ball Corporation, the global leader in making slender cans for beverage companies has come forward to set up th...
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