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...
FM Nirmala Sitharaman to table Economic Survey 2020-21 today
New Delhi: Union Finance Minister Nirmala Sitharaman will table the Economic Survey 2020-21 in Parliament on Friday, two days before the Union Budget ...
Bharti Airtel announces 5G ready network in Hyderabad
New Delhi: Bharti Airtel said on Thursday it has become the country’s first telecom operator to successfully demonstrate and orchestrate live fifth-ge...
Samsung retains top spot in global smartphone market in 2020
New Delhi: South Korean major Samsung has retained the top spot in the global smartphone market in 2020 with shipping 255.7 million units and capturin...
Jio named 5th strongest brand globally in Brand Finance rankings
New Delhi: Telecom major Reliance Jio is the fifth strongest brand in the world, shows the ‘Brand Finance Global 500 2021’ report.The annual report on...
Sensex tumbles over 500 points in opening session
Mumbai: Equity benchmark Sensex dropped over 520 points in early trade on Thursday, tracking losses in index-heavyweight stocks like HDFC twins, TCS, ...
Cabinet approves MSP of copra at Rs.10,335 per quintal for 2021 season
Cabinet Committee on Economic Affairs has approved Minimum Support Price (MSP) of copra at Rs 10,335 per quintal for 2021 season which is an increase ...
Sensex drops over 210 points in early trade
Mumbai: The BSE benchmark Sensex slipped over 210 points in the opening session on Wednesday, dragged lower particularly by oil & gas, pharma and ...
Rupee rises 8 paise against US dollar in early trade
Mumbai: The rupee appreciated 8 paise to 72.86 against the US dollar in opening trade on Wednesday, ahead of the outcome of the US central bank’s meet...
Microsoft logs 17% revenue growth riding on cloud business
San Francisco: An impressive growth in its Azure Cloud business in a pandemic-hit year helped Microsoft post a 17 per cent increase in its revenue whi...
IMF projects over 11 per cent growth rate for India in 2021
International Monetary Fund (IMF) projected an 11.5 per cent growth rate for India in 2021. It makes India only major economy of the world to register...
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