Centre to borrow Rs.1.10 lakh crore on behalf of states to meet GST shortfall
The Finance Ministry has said that the Centre will borrow up to 1.10 lakh crore rupees on behalf of the states to bridge the shortfall in GST collecti...
Govt purchases over 62 LMT of paddy from 5.33 lakh farmers
Government is continuing to procure Kharif 2020-21 crops at its Minimum Support Price from farmers as per its existing MSP Schemes as was done in prev...
Rupee inches 4 paise higher to 73.27 against US dollar in early trade
Mumbai: The rupee opened on a flat note and inched 4 paise higher to 73.27 against the US dollar in early trade on Thursday.At the interbank forex mar...
IMF revises its estimate to 'somewhat less severe recession' than it predicted in June
The International Monetary Fund (IMF) has revised its estimate to a somewhat less severe recession than it predicted in June.From contraction of 5.2 p...
Sensex declines over 200 points in opening session
Mumbai: Equity benchmark Sensex dropped over 200 points in opening trade on Thursday tracking losses in index majors TCS, ICICI Bank and HDFC Bank ami...
FM Nirmala Sitharaman participates in the Meeting of G-20 Finance Ministers and Central Bank Governors
Finance Minister Nirmala Sitharaman yesterday participated in the Meeting of G-20 Finance Ministers and Central Bank Governors under the Saudi Arabian...
Sensex drops over 200 points in early trade
Mumbai: Equity benchmark Sensex dropped over 200 points in early trade on Wednesday tracking losses in index-heavyweights HDFC twins, ICICI Bank and I...
Finance Ministry allows 20 States to raise over Rs.68,000 Cr through open market borrowings
The Department of Expenditure in the Ministry of Finance yesterday granted permission to 20 States to raise an additional amount of 68 thousand 8 hund...
Capex Package Expected to Boost Infra Projects: Finance Minister Nirmala Sitharaman
The central government’s latest capital expenditure plans are expected to boost new and ongoing infrastructure projects, especially in India’s industr...
Paytm payment gateway announces same-day bank settlement
New Delhi: Paytm on Tuesday announced the same-day settlement facility for all kinds of fund transfers on its payment gateway that will help businesse...
Centre will facilitate borrowings for States willing to go ahead with proposed borrowing options against future GST collections: Nirmala Sitharaman
Finance Minister Nirmala Sitharaman has said that the Centre will facilitate borrowings for the States which want to go ahead with its proposed borrow...
Nirmala Sitharaman: Pragmatic fiscal stimulus that nudges households to spend
A far more confident, poised and assertive Nirmala Sitharaman looked nothing like the fumbling finance minister just a few months back when she announ...
FM Nirmala Sitharaman announces 37,000 crore additional capital expenditure for infrastructure
NEW DELHI: Finance minister Nirmala Sitharaman on Monday said an additional budget of ₹25,000 crore will be provided as capital expenditure to develop...
Rupee edges 3 paise higher at 73.13 in opening trade
Mumbai: The Indian rupee traded with moderate gains of 3 paise at 73.13 against the US dollar in the opening session on Monday, tracking softer crude ...
Digital payments soar manifold in 5 years to FY20: RBI
Mumbai: Concerted efforts by the Reserve Bank to move to a non/less-cash economy by pushing digital payments have begun to pay rich dividends as the v...
GST Council to meet today
Finance Minister Nirmala Sitharaman will chair the 43rd GST Council meeting through video conferencing in New Delhi today. The decision on the mode of...
Govt continues to procure Kharif crops at its MSP from farmers
Government continues to procure Kharif 2020-21 crops at its MSP from farmers as per its existing MSP Schemes as was done in previous seasons.Paddy Pro...
India's foreign exchange reserves touch an all time high of 545.638 billion dollars
India's foreign exchange reserves have recorded a rise of 3.618 billion dollars to touch a new lifetime high of 545.638 billion dollars in the w...
Govt extends deadline for filing GST returns for financial year 2018-19 till Oct 31
Government has extended the deadline for filing GST annual return for the financial year 2018-19 by a month till 31st October. The Finance Ministry ha...
Total paddy procurement by Government across all States goes up by 48%
Government has said that the total procurement of Paddy across all States in the country has increased by 48 per cent from 17.7 Lakh tonne last year t...
Railways registers 18% increase in freight from Oct 1-8 as compared to last year
The Railway Ministry has said that Freight loading for the month of October has crossed the last year’s loading for the same period by 18 per cent. Th...
Sensex rises over 100 points ahead of RBI policy outcome
Mumbai: Equity benchmark Sensex jumped over 100 points in opening trade on Friday ahead of the Reserve Bank of India's monetary policy decision.The 30...
RBI keeps policy rate unchanged at 4%
Mumbai: Maintaining status quo for the second time in a row, Reserve Bank of India on Friday decided to keep benchmark interest rate unchanged at 4 pe...
RBI to announce its Bi-monthly monetary policy review today
Reserve Bank of India will announce its bi-monthly monetary policy review in Mumbai today. The newly-constituted Monetary Policy Committee (MPC) ...
Rupee settles 9 paise higher at 73.24 against US dollar
Mumbai: The rupee strengthened by 9 paise to close at 73.24 against the US dollar on Thursday, supported by positive domestic equities and weak Americ...
India's GDP expected to contract by 9.6 per cent this fiscal: World Bank
Washington: The World Bank on Thursday said that India's GDP is expected to contract by 9.6 per cent this fiscal which is reflective of the national l...
Sensex soars over 400 points in early trade
Mumbai: Equity benchmark Sensex rallied over 400 points in opening trade on Thursday led by strong buying sentiment in IT and banking stocks amid posi...
Rupee slips 9 paise against US dollar in early trade
Mumbai: The rupee depreciated 9 paise to 73.55 against the US dollar in opening trade on Wednesday as muted domestic equities and strong American curr...
Sensex drops over 100 points in opening session
Mumbai: Equity benchmark Sensex dropped over 100 points in opening trade on Wednesday tracking losses in financial stocks amid weak cues from global m...
Nirmala Sitharaman Says New Farm Laws Safeguard Farmers from Fluctuations of Prices for their Products
Union Finance Minister Nirmala Sitharaman has said the three new agricultural legislations brought by the centre would free the farmers from the shack...
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