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upibasedtransactionssurgetors2064lakhcroreinjuly

UPI based transactions surge to Rs 20.64 lakh crore in July

The Unified Payments Interface (UPI)-based transactions surged in the month of July, reaching 20.64 lakh crore rupees. National Payments Corporation o...

fiscaldeficitdeclinedto81%offullyearestimateinfirstquarter

Fiscal Deficit Declined to 8.1% of Full-Year Estimate in First Quarter

The data released by the Ministry of Finance yesterday showed that the centre’s fiscal deficit declined to 8.1 per cent of the full-year estimate in t...

gstcollectionsurgesby103percenttooverrs182lakhcroreinjuly

GST collection surges by 10.3 per cent to over Rs 1.82 lakh crore in July

The Goods and Services Tax – GST revenue has increased by 10.3 per cent to over 1 lakh 82 thousand crore rupees last month, the third-highest collecti...

fmnirmalasitharamanassertsunionbudgetstrikesfinebalancebetweengrowthfinancialconsolidation

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...

coreindustriesrecord4%growthinjune

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...

usfederalreservekeepsinterestratesunchangedat525%to55%

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...

maharashtragovtsignsmouwithtoyotaforelectriccarplantinsambhajinagar

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...

27statesbenefitfromproductionlinkedincentiveschemeunderatmanirbharbharatinitiative:government

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...

total579routesconnecting85airportsoperationalisedincountryunderudanscheme:mosforcivilaviation

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...

modnsesignmoutofacilitatecapitalmarketaccesstomsmes

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’scoalproductionsurgesby1165%infy202324

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...

digitalisationcancreateamorecomplexandinterconnectedfinancialsystemwithimplicationsforfinancialstability:rbi

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...

over5croreincometaxreturnsfiledtilljuly26

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’ssteelproductiontosurpass300milliontonnesby2030

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...

financeministerslamskarnatakagovtforrisinginflationborrowings

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...

rbiissuespromptcorrectiveactionframeworkforucbs

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’sforexreservessurgeby4billiondollarstohitfreshrecordhighof67086billiondollars

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...

rbitightenskycfordomesticmoneytransfers

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. ...

sebistudy:over70%ofintradayequitytradersfacelossesin202223fiscal

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 ...

esicadds2305lakhnewmembersinmay

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 ...

rupeemovesinnarrowrangeagainstusdollarinearlytrade

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...

railwaysministerashwinivaishnawtermsallocationinunionbudget202425forrailwaysashistoric

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...

standarddeductionforsalariedemployeesincreasedtors75000undernewtaxregime

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...

ficcipresidentanishshahlaudsbudget202425

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...

unionbudgetcutscustomdutiesonmobilephonesgoldsilverandplatinumtobecomecheaper

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...

bsemdceosundararamanramamurthytermsunionbudget202425asforwardlookingequitableandmiddleclassoriented

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...

govtwillstrivetofurthersimplifyrationalisegsttaxstructure:fm

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...

rs148lakhcrallocatedforforeducationemploymentskillinunionbudget

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...

marketsjumpinearlydealsaheadofbudget

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...

onemonthwageforfirsttimeemployees:fmsitharaman

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...

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