97.5% of Rs 2,000 banknotes returned: RBI
Mumbai, Feb 1 - The total value of Rs 2,000 banknotes in circulation, has declined to Rs 8,897 crore at the close of business on January 31, 2024.
Total outlay in Interim Budget hiked by Rs 2.76 lakh crore
New Delhi, Feb 1 - The Interim Budget 2024 presented by Finance Minister Nirmala Sitharaman provides for a total expenditure estimated at Rs 47.66 lakh crore which is an increase of Rs 2.76 lakh crore compared to the revised estimate of the 2023-24
Yogi govt achieves 60% increase in revenue in Jan
Lucknow, Feb 2 - In a major accomplishment, the Uttar Pradesh government has achieved 60 per cent increase in its revenue in the month of January 2024 compared to the revenue generated in the corresponding period last year, the data of revenue receipts
Uttar Pradesh, Bihar to get lion share of Centre’s tax revenue
Chennai, Feb 1 - Uttar Pradesh will get the highest share of the Union tax and duties at a whopping Rs 2,18,86.84 crore in 2024-25.
Interim Budget: Delhi Police allocated Rs 11,397.98 crore
Chennai, Feb 1 - Come March, it is curtains for the Faster Adoption and Manufacturing of Electric Vehicles in India-II (FAME-II) subsidy scheme for the purchase of electric vehicles (EVs) it seems.
Bihar, Jharkhand, Chhattisgarh, Odisha & Bengal to be engines of growth: Sitharaman
New Delhi, Feb 1 - Finance Minister Nirmala Sitharaman said on Thursday that the eastern region comprising Bihar, Jharkhand, Chhattisgarh, Odisha and West Bengal will become the engines of growth for achieving a 'Viksit Bharat' in the future.
Meta purged over 26mn bad pieces of content on FB, Insta in India in Dec 2023
New Delhi, Feb 1 - Meta said that it took down over 19.8 million pieces of content across 13 policies for Facebook and over 6.2 million pieces of content across 12 policies for Instagram in India in December 2023.
Govt extends tax rebate scheme for garments’ export by 2 years
New Delhi, Feb 1 - The Union Cabinet haired by Prime Minister Narendra Modi on Thursday approved the continuation of the Scheme for Rebate of State and Central Taxes and Levies (RoSCTL) for export of apparel/garments and made-ups up to March 31, 2026.
Cabinet approves extension of sugar subsidy scheme for poor by 2 years
New Delhi, Feb 1 - The Union Cabinet chaired by Prime Minister Narender Modi on Thursday approved the extension of the sugar subsidy scheme for Antyodya Anna Yojna (AAY) families distributed through the Public Distribution Scheme (PDS) for two more years till March
Governance, Development, Performance is govt’s ‘GDP’ mantra for growth: Sitharaman
New Delhi, Feb 1 - Union Finance Minister Nirmala Sitharaman on Thursday said that Governance, Development and Performance is the new 'GDP' formula that the government has adopted to steer the country to a 'Viksit Bharat' (Developed India).
Sensex ends in red on Interim Budget day
Mumbai, Feb 1 - The domestic market was marginally disappointed by lower than expected infra spending in the Interim Budget, Vinod Nair, Head of Research at Geojit Financial Services, said on Thursday.
SpiceJet commences flight operations from Ayodhya
New Delhi, Feb 1 - Civil Aviation Minister Jyotiraditya Scindia and Uttar Pradesh Chief Minister Yogi Adityanath on Thursday virtually flagged off a SpiceJet flight from Ayodhya as the airline commenced its operations from the UP city to seven domestic destinations through non-stop
It’s transformative Viksit Bharat Budget: Pralhad Joshi
Bengaluru, Feb 1 - Union Minister for Mine, Coal and Parliamentary Affairs Pralhad Joshi, praising the union budget on Thursday said that it is a transformative Viksit Bharat Budget.
Musk announces to shift Tesla’s incorporation to Texas after $56bn pay snub
New Delhi, Feb 1 - Tesla and SpaceX CEO Elon Musk has announced that Tesla will move immediately to hold a shareholder vote to change its legal home from the US state of Delaware to Texas.
Upgrading regular rail bogies to Vande Bharat standards a dynamic move: Jupiter Wagon Ltd
Kolkata, Feb 1 - Hailing Finance Minister Nirmala Sitharaman's announcement of plans to upgrade 40,000 regular bogies to Vande Bharat standards, mobility solutions provider Jupiter Wagons Limited managing director Vivek Lohia, said it is a dynamic move in the right direction.
Aurobindo Pharma shares down more than 6% amid US FDA inspection
New Delhi, Feb 1 - Aurobindo Pharma shares fell more than 6 per cent on Thursday amid an inspection by the US Food and Drug Administration (FDA).
Interim Budget indicated high political confidence in BJP’s tone: S&P Global Market Intelligence
New Delhi, Feb 1 - The announcement of the interim budget for fiscal year (FY) 2024–25 by Union Finance Minister Nirmala Sitharaman reflected the ruling BJP's mood for the 2024 Lok Sabha elections, S&P Global Market Intelligence said in a report on Thursday.
Defence gets Rs 6.21 lakh crore in Interim Budget 2024-25
New Delhi, Feb 1 - The government on Thursday hiked the Defence Budget to Rs 6.21 lakh crore in the Interim Budget for 2024-25 -- 4.72 per cent higher than the previous year's allocation of Rs 5.94 lakh crore.