It’s an inclusive & innovative budget: PM Modi
New Delhi, Feb 1 - Prime Minister Narendra Modi hailed the budget presented in Parliament on Thursday, saying that it is not merely an interim budget but an inclusive and innovative budget.
Govt to form committee to address fast population growth: Sitharaman
New Delhi, Feb 1 - Finance Minister Nirmala Sitharaman on Thursday said that the government will form a high-powered committee for an extensive consideration of the challenges arising from fast population growth and demographic changes.
Highlights of Interim Budget 2024-25
New Delhi, Feb 1 - Finance Nirmala Sitharaman presented the Interim Union Budget 2024-25 in Parliament on Thursday.
Govt to launch scheme for middle-class housing: Sitharaman
New Delhi, Feb 1 - Finance Minister Nirmala Sitharaman on Thursday said that the government will launch a scheme to help deserving sections of the middle class living in rented houses, slums, chawls and unauthorised colonies to buy or build their own houses.
Govt to mandate phased blending of biogas in CNG, PNG: Sitharaman
New Delhi, Feb 1 - Finance Minister Nirmala Sitharaman on Thursday said that the government will mandate the phased blending of compressed biogas (CBG) in compressed natural gas (CNG) for transport and piped natural gas (PNG) for domestic purposes.
Govt to focus on popularising rooftop solarisation, free electricity: Sitharaman
Chennai, Feb 1 - Finance Minister Nirmala Sitharaman on Thursday said that in an attempt to turn households into power generating units, the central government will focus on popularising rooftop solarisation and free electricity.
25 crore people came out of poverty in last 10 years: Sitharaman
New Delhi, Feb 1 - Finance Minister Nirmala Sitharaman on Thursday said that the government believes in "empowering the poor" and in the last ten years, at least 25 crore people have been assisted to get freedom from multidimensional poverty.
Cabinet approves interim budget
New Delhi, Feb 1 - The Cabinet, chaired by Prime Minister Narendra Modi, has approved the interim budget on Thursday.
Paytm plunges 20% at lower circuit after RBI restrictions
New Delhi, Feb 1 (IANS) Paytm shares plunged 20 per cent at the lower circuit on Thursday after RBI imposed severe restrictions on Paytm Payments Bank.
RBI bars Paytm Payments Bank from accepting deposits after Feb 29
Mumbai, Jan 31 - The RBI has barred Paytm Payments Bank Ltd (PPBL) from further deposits or credit transactions or top ups in any customer accounts, prepaid instruments, wallets, FASTags, NCMC cards, etc., after February 29, 2024, other than any interest, cashbacks, or
GST collections rise 10.4% to touch Rs 1,72,129 cr in Jan
New Delhi, Jan 31 - The gross GST revenue collected in the month of January this year went up by 10.4 per cent to Rs 1,72,129 crore compared to the corresponding figures of Rs 155,922 crore for January 2023, reflecting the higher level
Positive build-up in markets ahead of Interim Budget
Mumbai, Jan 31 - A positive build-up was reflected in Indian markets prior to the Interim Budget (Feb 1) on Wednesday and although expectations are low, the market anticipates a lower fiscal deficit supported by buoyant tax revenues, said Vinod Nair, Head of
Rooftop solarisation figures in green package of Interim Budget
New Delhi, Feb 1 - Finance Minister Nirmala Sitharaman on Thursday announced a slew of measures including rooftop solarisation for the promotion of green growth and renewable energy.
Sitharaman announces three new railway economic corridors
New Delhi, Feb 1 - Finance Minister Nirmal Sitharaman on Thursday announced the setting up of three new major railway economic corridors.
Interim Budget 2024: Strong economic fundamentals make it easier for FM to go for growth
New Delhi, Feb 1 - Finance Minister Nirmala Sitharaman’s Interim Budget 2024 to be presented in Parliament at 11 am today is expected to continue with the government’s big ticket expenditure on infrastructure projects and focus on agriculture and schemes for the rural
L&T shares slump over 4% on lower than expected margins
New Delhi, Jan 31 - Larsen & Toubro shares slumped over 4 per cent on Wednesday after the company missed profit estimates due to lower than expected margins.
India’s demand for gold dips amid soaring prices: WGC report
Mumbai, Jan 31 - India’s gold demand fell 3% in 2023 to 747.5 tonnes, which is the lowest since 2020, as soaring prices reduced the demand for jewellery, according to a World Gold Council report released on Wednesday.
PhonePe’s Indus Appstore, Startup India join hands to launch Indus Appstore Emerging Startup Awards
New Delhi, Jan 31 - PhonePe's Indus Appstore, in collaboration with Startup India, on Wednesday announced the launch of the Indus Appstore Emerging Startup Awards.
Govt appoints 4 members of 16th Finance Commission
New Delhi, Jan 31 - The Government on Wednesday appointed four members to the 16th Finance Commission which was constituted on December 31, 2023 with Arvind Panagariya, former Vice-Chairman of the NITI Aayog, as its Chairman.
Centre slashes import duty on mobile phone parts to 10%
New Delhi, Jan 31 - In a bid to further boost mobile manufacturing in the country, the government has slashed import duty on parts used for manufacturing of mobile phones to 10 per cent from 15 per cent.