RBI to announce its bi-monthly monetary policy today
The Reserve Bank will announce its final bi-monthly monetary policy review for the financial year 2020-21 today. The meeting of the six-member Monetar...
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GMR Group signs MoU with Airbus
GMR Group signed a memorandum of understanding (MoU) with Airbus, a manufacturer of commercial aircraft, to explore collaboration opportunities across...
RBI directs select NBFCs, UCBs to implement risk-based internal audit system
The Reserve Bank has directed select Non-Banking Financial Companies (NBFCs) and Urban Co-operatives Banks (UCBs) to implement a risk-based internal a...
Sensex drops over 140 points in early trade
Mumbai: Equity benchmark Sensex declined over 140 points in early trade on Thursday as index-heavyweights Reliance Industries, Infosys and HDFC twins ...
Rupee opens flat against US dollar in early trade
Mumbai: The rupee opened on a flat note and edged higher by 2 paise to 72.94 against the US dollar in opening trade on Wednesday, amid positive domest...
Govt procures more than 600 lakh tonnes of paddy in current Kharif Marketing Season
Government has procured more than 600 lakh tonnes of paddy in the current Kharif Marketing Season. The Agriculture Ministry said this is an increase o...
Exports rise 5.37 pc in January
New Delhi: The country's exports grew 5.37 per cent year-on-year to USD 27.24 billion in January 2021, mainly driven by healthy growth in pharmaceutic...
Bank credit grew by 6.36 per cent: RBI data
MUMBAI: Bank credit grew 6.36 per cent to Rs 106.41 lakh crore, while deposits increased by 11.41 per cent to Rs 146.25 lakh crore in the fortnight en...
Oil prices rise again
Oil prices rose nearly 1 percent on Tuesday after latest data showed that OPEC plus was cutting crude output in line with its commitments.Internationa...
Sensex soars over 750 points in early trade
Mumbai: The Sensex zoomed over 750 points and the Nifty crossed the key 14,500-level in the opening session on Tuesday, a day after the Union Budget w...
FDI limit in Insurance Companies increased to 74% in Union Budget 2021-22
The Government increased the FDI limit from 49 to 74 per cent in Insurance Companies and allowed foreign ownership and control with safeguards. It has...
Fiscal deficit pegged at 6.8 per cent of GDP
The Fiscal deficit for the financial year 2021-22 pegged at 6.8 percent. The Total resources being transferred to the states including the devolution ...
Tax holiday for startups extended till March 2022
In order to incentivise start-ups in the country, the Government has extended the eligibility for claiming tax holiday for start-ups by one more year ...
Capital expenditure increased to provide 5.54 lakh crores
The government has committed nearly 1.97 lakh crores, over 5 years starting Financial year 2021-22. Mega Investment Textiles Parks (MITRA) will be lau...
Agricultural credit target enhanced to 16.5 lakh crore rupees in the next fiscal
The government has enhanced the agricultural credit target to 16.5 lakh crore rupees in next fiscal with focus on ensuring increased credit flows to a...
Govt rationalising customs duties on gold, silver: FM
New Delhi: Finance Minister Nirmala Sitharaman on Monday said the government is rationalising customs duties on gold and silver.Presenting the Union B...
FM proposes Rs.1,500 cr scheme to promote digital payments
New Delhi: The government on Monday proposed Rs 1,500 crore-scheme to promote digital payments in the country.Finance Minister Nirmala Sitharaman said...
Govt to borrow about Rs.12 lakh cr in FY22: FM N Sitharaman
New Delhi: Finance Minister Nirmala Sitharaman on Monday said the government will borrow about Rs 12 lakh crore in 2021-22.Presenting the Union Budget...
No ITR filing for senior citizens aged 75 years
Budget 2021 proposes to exempt senior citizens who are 75 years or above and have only pension and interest income in a financial year, from filing in...
8,500 km of highway projects to be awarded in FY22: FM
New Delhi: Expressing commitment to augment the country’s infrastructure, Finance Minister Nirmala Sitharaman on Monday said projects for building 8,5...
FM Nirmala Sitharaman allocates Rs.1,10,055 cr for Railways
New Delhi: Finance Minister Nirmala Sitharaman on Monday announced that the central government is allocating Rs 1,10,055 crores for Railways.She also ...
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Fiscal Year 2022 disinvestment target at Rs.1.75 lakh cr
New Delhi: The government on Monday budgeted Rs 1.75 lakh crore from stake sale in public sector companies and financial institutions, including 2 PSU...
Sensex rallies nearly 1,000 points
Mumbai: The BSE benchmark Sensex rallied nearly 1,000 points led by gains in financial stocks in afternoon session on Monday as Finance Minister Nirma...
Govt proposes to launch securities market code: FM
New Delhi: The government on Monday proposed to launch a unified securities market code.The securities market code will include the Sebi Act, Deposito...
Sensex, Nifty open higher ahead of Budget presentation
Mumbai: The BSE benchmark Sensex surged over 443 points and the NSE Nifty advanced 115 points in opening trade on Monday, ahead of the Union Budget 20...
GST Revenue collection for January 2021 almost touches Rs.1.20 lakh crore
The Goods and Services Tax (GST) revenue collection for January 2021 has almost touched 1.2 lakh crore rupees. The Finance Ministry said, the gross GS...
Gold registers lowest demand of 11 years at global level due to Covid
Due to COVID-19 pandemic, Gold registered the lowest demand for 11 years at global level. As per the data released by World Gold Council, Demand for j...
India's GDP to grow at 11 per cent next fiscal as it makes V-Shaped recovery
The government has said that the country is witnessing a V-Shaped Economic Recovery which is a testimony to the resilience and intrinsic strength of i...
Sensex rebounds over 400 points tracking Asian peers
Mumbai: Indian equities made a smart recovery on Friday morning after five sessions of hefty losses, with the BSE benchmark Sensex rebounding over 400...
Rupee rises 7 paise against US dollar
Mumbai: The rupee appreciated by 7 paise to 72.98 against the US dollar in opening trade on Friday, tracking positive domestic equities.At the interba...
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Which political party will win the Jharkhand Assembly elections 2024?
