LOK-SABHA-ELECTION
BJP promises to cover senior citizens, transgenders under Rs 5 lakh Ayushman Bharat scheme
Over 34 crore citizens are receiving free health insurance of Rs 5 lakh under Ayushman Bharat.
BUSINESS
Online gaming industry plans to approach new government for reduction in GST
The Online gaming industry plans to propose that the tax be computed on the Gross Gaming Revenue (GGR) instead of the full face value.
BUSINESS
Israel-Iran conflict unlikely to impact Indian macro economy for now
Israel-Iran tensions: India’s macros are unlikely to take a hit as tensions mount between Iran and Israel but a lot depends on how quickly the situation gets resolved
BUSINESS
India's February IIP grows at 5.7% from 3.8% a month back
The eight core industries – coal, crude oil, natural gas, refinery products, fertilisers, steel, cement, and electricity – make up around 40 percent of the IIP
LOK-SABHA-ELECTION
Constituency watch: How PM Modi set the model for a temple economy with Varanasi
The Kashi Vishwanath corridor, with a slew of infrastructure projects, has transformed Varanasi’s economy, translating into higher earnings for artisans, boosting local businesses and the area’s handicraft economy
LOK-SABHA-ELECTION
PMO likely to review and adopt 100-day agenda for next government this month: Official
NITI Aayog has asked all the ministries to give their 100-day agenda for the next government, within a framework and under certain categories, including policy initiatives and implementation issues.
LOK-SABHA-ELECTION
Ecommerce policy may feature in government’s 100-day agenda; steps taken to plug loopholes
The sellers have raised the issue of not getting information on details of customers, while the e-commerce platform has complete ownership of it. These issues are likely to be a part of the ecommerce policy.
LOK-SABHA-ELECTION
MSMEs to ask new government for phased implementation of labour codes
The MSMEs are apprehensive that the labour codes will increase their financial burden due to employee insurance, gratuity and a higher basic wage.
BUSINESS
RBI to undertake study after May to assess India’s potential growth
The average growth over a three year period is 8 percent. Naturally our potential growth also appears to have gone up, the RBI governor said
BUSINESS
Exporters unable to leverage rupee depreciation to boost export order value: Industry
There is a shortage of foreign exchange with India’s major export destinations, including Latin America and Africa.
TRENDS
ED, I-T actions on Kejriwal, Congress spark election conduct debate. Can the Election Commission step in?
Amid opposition concerns about their impact on fair elections, former Election Commission officials are of the view that the poll body is empowered to intervene if the actions of ED and income tax department substantially disrupt the level playing field.
LOK-SABHA-ELECTION
Exclusive: Govt aims to reduce admission time under insolvency code to 3 months from current 600 days: Official
The aim of these amendments if to speed up the process of admission and resolution. Grant of claims is currently anywhere between 29 and 35 percent. The amendments hope to increase this to at least 50 percent.
BUSINESS
Capex intensity of corporates likely to increase after Lok Sabha polls: India Ratings
Ind-Ra expects healthy banking credit growth at 15.4 percent yoy in FY25, from a revival in private capex benefitting the growth of the corporate segment.
BUSINESS
No changes in new tax regime from April 1: Finance Ministry
The option of opting out from the new tax regime is available till the filing of return for the assessment year 2024-25, the ministry has said
LOK-SABHA-ELECTION
Constituency watch: The rise of Gandhinagar as a financial hub
The average daily turnover at exchanges in GIFT City is currently at over $20 billion. The IFSC banking business asset size is at $33 billion, according to official data.
LOK-SABHA-ELECTION
Exclusive: EC allows transfer, promotion of bank officials during model code of conduct
The finance ministry on March 29 sent an email for compliance with the Election Commission directive to all public sector banks, insurance companies, regional rural banks, debts recovery tribunals, and other state-run financial institutions
ECONOMY
Expert panel recommends criteria for entry into GIFT City, regulations for financial service companies
As a primary safeguard, the committee recommends that entities set up in IFSC to carry out bookkeeping, accounting, taxation, and financial crime compliance services should only be in the form of a company or a Limited Liability Partnership. The committee feels regulations are required to prevent companies from simply reorganise existing businesses in the guise of new investment.
BUSINESS
Government preparing for big-bang union budget in July
The government is preparing a roadmap for the next 25 years, and drawing up plans for the first 100 days of the BJP’s third term in power.
LOK-SABHA-ELECTION
Festivals, security deployment behind 44-day spread of General Election: Experts
The 2024 Lok Sabha election will take place over seven phases, from April 19 to June 1, and the votes will be counted on June 4.
LOK-SABHA-ELECTION
Lok Sabha elections: GST e-way bills analytics to be tracked real time, says EC
There is an unusual spike in demand for some goods and services, the Election Commission said while announcing poll dates.
BUSINESS
Who is Santiago Martin, the biggest political donor through electoral bonds?
Santiago Martin’s company Future Gaming and Hotel Services bought electoral bonds worth Rs 1,300 crore between 2019 and 2024.
BUSINESS
What is the role of the Financial Intelligence Unit?
Its primary mandate is to serve as the central national agency responsible for receiving, processing, analysing and disseminating information relating to suspicious financial transactions. These transactions could be indicative of money laundering, terrorist financing, or other illegal activities.
BUSINESS
Battle over state finances heats up as Kerala rejects another offer from Centre
Documents sourced by Moneycontrol showed that the government of India modified its offer to Kerala, ready to give its consent for Kerala to borrow Rs 5,000 crore now instead of on April 1, 2024, subject to certain conditions.
ECONOMY
Cabinet nod to food safety trade agreement with Bhutan
The Bhutan Food and Drug Authority will issue a health certificate as a proof of compliance with FSSAI's requirements while exporting products to India
