Glad to know Hon’ble FM has read Congress manifesto: Chidambaram
New Delhi, June 23 - After Union Finance Minister Nirmala Sitharaman introduced many schemes while presenting the Budget on Tuesday, former Finance Minister P. Chidambaram said that he is glad to know that the Finance Minister has read the Congress manifestation of 2024
Centre keeps capex at Rs 11.11 lakh crore or 3.4 pc of GDP
New Delhi, July 23 - Finance Minister Nirmala Sitharaman on Tuesday kept India’s FY25 capex outlay unchanged at Rs 11.11 lakh crore, as earmarked in the Interim Budget in February.
Union Budget: Mudra loan limit enhanced to Rs 20 lakh from Rs 10 lakh
New Delhi, July 23 - The government on Tuesday announced several measures to boost the sentiments of the non-farming business community and MSMEs, along with enhancing Mudra loans to Rs 20 lakh from Rs 10 lakh.
FM Sitharaman announces setting up of over 100 India Post Payment Bank branches in North East
New Delhi, July 23 - More than 100 branches of India Post Payment Bank (IPPB) will be set up in the North East region, Finance Minister Nirmala Sitharaman announced on Tuesday while presenting her seventh straight Budget in the Lok Sabha.
FM Sitharaman gifts 2 Expressways to Bihar, allots Rs 15,000 cr for Andhra
New Delhi, July 23 - Presenting her seventh-consecutive Budget, Finance Minister Nirmala Sitharaman on Tuesday announced landmark projects and also fund allocations in Bihar and Andhra Pradesh, the states whose ruling parties are allies with the BJP at the Centre.
Employment, skilling top focus in Budget: FM Sitharaman
New Delhi, July 23 - Union Finance Minister Nirmala Sitharaman on Tuesday presented her seventh straight Budget that would lay a roadmap for 'Viksit Bharat' by 2047, focusing on employment, skilling, agriculture and manufacturing.
FM Nirmala Sitharaman set to present her 7th Budget, major reforms expected
New Delhi, July 23 - Union Finance Minister Nirmala Sitharaman is set to present her seventh straight Union Budget on Tuesday that would lay a roadmap for 'Viksit Bharat' by 2047.
Centre fuelling rapid infra growth but states need to pitch in too: Eco Survey
New Delhi, July 22 - The Economic Survey released on Monday states that buoyant investment by the Centre has played a pivotal role in funding large-scale infrastructure projects in recent years in highways, seaports, railways and airports but the state governments and private
Private capex picks up in FY24; spending in transport, railways, defence to boost growth: Eco Survey
New Delhi, July 22 - Increased spending in sectors such as road transport and highways, railways, defence services, and telecommunications will deliver higher and longer impetuses to growth by addressing logistical bottlenecks and expanding productive capacities, the Economic Survey said on Monday.
14-hour work day: Govt pressured by IT industry; we are evaluating Bill: K’taka Min
Bengaluru, July 22 - Karnataka Minister for Labour, Santhosh Lad, stated on Monday that the government is under pressure from the IT industry to bring forth new legislation proposing extra hours of work for techies, but is evaluating the matter.
Tech like AI to determine economic prosperity of nations, India takes the lead: Economic Survey
New Delhi, July 2 - With artificial intelligence (AI) taking root in several spheres of economic activity, steering technological choices towards collective welfare is the key and employers owe it to themselves to strike a balance between deploying technology and labour, the Economic
India has 26.52 cr students in schools, 4.33 cr in higher education: Economic Survey
New Delhi, July 22 - India has 26.52 crore students in schools and 4.33 crore in higher education institutions, according to the Economic Survey 2023-24, tabled in Parliament on Monday.
Tripartite pact of Centre, states & private sector can push growth above 7 pc: Economic Survey
New Delhi, July 22 - The Indian economy can grow at a rate of 7 per cent plus on a sustained basis in the medium term if the country builds on the structural reforms undertaken over the last decade.
Economic Survey sees strong external sector despite global headwinds
New Delhi, July 22 - India’s external sector remained strong amidst ongoing geopolitical headwinds as the country’s forex reserves at the end of March 2024 were sufficient to cover more than 10 months of its projected imports for FY25 and 98 per cent
Unemployment rate declines to 3.2 pc, job & skill creation top priority: Economic Survey
New Delhi, July 22 - The labour market indicators have improved in the last six years, with the unemployment rate declining to 3.2 per cent in 2022-23, the Economic Survey 2023-2024 said on Monday.
Banks, financial sector played stellar role: Economic Survey
New Delhi, July 22 - The Economic Survey released on Monday states that India’s banking and financial sectors have displayed a stellar performance in FY24 in mobilising funds to fuel economic growth with financial inclusion.
Economic Survey pegs India’s GDP growth rate at 6.5-7 pc for 2024-25
New Delhi, July 22 - The Economic Survey tabled by Finance Minister Nirmala Sitharaman in Parliament on Monday projects India’s GDP growth rate at 6.5 to 7 per cent for 2024-25 as it sees the economy on a strong wicket.
Retail inflation at 5.4 pc in FY24, lowest since pandemic: Economic Survey 2023-24
New Delhi, July 22 - Timely policy interventions by the government and the Reserve Bank of India’s (RBI) price stability measures helped retail inflation stand at 5.4 per cent -- the lowest since the pandemic, the Economic Survey 2023-2024 said on Monday.
Economic Survey 2023-24: Economy continues to expand, inflation largely under control
New Delhi, July 22 - The Centre on Monday tabled the Economic Survey 2023-2024 in the Lok Sabha.
Sensex trades lower on weak global cues
Mumbai, July 22 (IANS) Indian equity indices opened in the red on Monday following weak global cues from asian peers.