Govt to put RBI dividend to 'optimal' use while keeping growth in mind: Sources
The government aims to lower the fiscal deficit to 4.5% by FY26 after having frontloaded the fiscal correction to 5.1% for FY25
UPA 'routinely changed' fiscal practices to make Budget numbers look favourable: FM Sitharaman
FM Sitharaman's post underscored UPA government’s practice of off-budget borrowing and ‘Oil Bonds’, which she said 'somewhat covertly shifted the fiscal burden to future generations'.
Brazil, Canada, EU urge India to submit timely notifications on sugar subsidies in WTO
Brazil, Canada, Costa Rica, Paraguay, New Zealand, the EU, and Guatemala voiced support for the counter notification
Income tax department notifies cost inflation index for current fiscal
It is popularly used to calculate 'indexed cost of acquisition', while calculating capital gains at the time of sale of any capital asset
Want to withdraw from national pension system (NPS) funds before retirement? Here’s how you can
Tapping into your retirement may not be ideal but sometimes becomes inevitable. Here are simple steps you need to keep in mind when you plan to withdraw from NPS. Can you withdraw the full amount? Is the amount taxable? Watch this video to find out
Wheat procurement crosses last year’s total figure, Central Pool in 'comfortable position'
A total of 22.31 lakh farmers have benefitted in the latest Rabi season, with total MSP outflow to the tune of Rs 59,715 crore.
Rotten bananas in a scorching India expose climate's food cost
India wastes nearly 80 million tons of food at the retail and consumer level, second only to China. As climate changes exacerbates extreme heat, the numbers are likely to worsen in South Asia, one of the most vulnerable regions to rising temperatures.
India needs lower tax on recruitment services to boost jobs, says industry body
The unemployment rate among those aged 15 to 29 years increased to 17% in India’s urban areas in the first quarter of 2024
RBI board approves record surplus transfer of Rs 2.11 lakh crore to government for FY24
The dividend, transferred in 2024-25, is sharply higher than what the government had expected. It will reflect in the government’s account for FY25.
Will the next government pull down tariff barriers further?
Two bureaucrats build a strong case for lower import duties which will help enhance India’s participation in GVC exports
Sambit Patra apologises for Jaganath Devotee Gaffe; Lord will remove BJP from power, says Sanjay Singh
BJP candidate from Puri Lok Sabha seat, Sambit Patra apologised for his 'Mahaprabhu is devotee of PM Modi' remarks following backlash. AAP's Sanjay Singh says that Lord Jagannath will give a befitting reply to their arrogance by removing BJP from the Centre
Want eastern states to be engines of growth for Viksit Bharat 2047: FM Sitharaman in Bihar
Finance Minister Nirmala Sitharaman said that tax devolutions to Bihar has increased 3.5 times in 10 years under Prime Minister Narendra Modi's leadership.
Chart of the Day: Water levels at reservoirs drop sharply ahead of the crucial monsoon season
Water levels declined by about 20 percent for the second consecutive week in May
Post-poll pickup in capex will drive steel demand: JSW Steel CEO
The company plans to spend Rs 20,000 crore on capex in FY25, funded mainly by cash generation. It does not plan to raise funds via equity issue, like group company JSW Energy.
AI Alliance NCR: What is GoI’s AI Mission All About | Policies & Regulations that Govern AI in India
The Indian government has allocated a budget of Rs 10,400 crore for AI development under its flagship AI Mission Programme. At the AI Alliance NCR event, S Krishnan, the Secretary at the Ministry of Electronics & Information Technology, discusses the mission's vision. He also engages in a fireside chat with Moneycontrol's Chandra R Srikanth and Aihik Sur, highlighting India's initiatives in AI policy, chip manufacturing, and AI use cases.
Dow Jones Hits 40,000: A Timeline of Key Events Along Its Path to Milestones
Here’s a detailed overview of the Dow Jones Industrial Average (DJIA) and the different times that it hit milestones of 10,000, 20,000, and 30,000 levels and what are the factors that propelled it to touch 40,000 levels.
India to become $4 trillion economy in FY25: Sanjeev Sanyal
Sanjeev Sanyal emphasised that there is no need to mess around with the financial system trying to support growth
Dow, S&P 500, and Nasdaq touched record closing highs as CPI slows | Hopes of Fed rate cut grow
Indices on Wall street notched up to record closing highs after a smaller-than-expected rise in consumer inflation bolstered hopes for interest rate cuts by the Federal Reserve. Tepid U.S. Consumer Price Index data for April led traders to raise bets that the Fed will cut its policy rate in September and December
The emissions challenge to India’s energy exercise
Excessive reliance on coal is making India a big power sector emitter even as it makes progress in RE production
WPI inflation accelerates to 1.26% in April from 0.53% a month ago
The month over month change in WPI index in April stood at 0.79 percent as compared to March.
Food inflation rises in April, caution should be the watchword for monetary policy
There is no hurry to ease monetary policy when the economy is booming
Retail inflation marginally eases to 4.83% in April, but food prices continue to rise
Food inflation rose 8.7 percent in April, compared with a 8.52 percent rise in the previous month
Next round of talks for India-Asean trade pact review in July
The issues being negotiated by these committees include national treatment and market access, rules of origin, standards, technical regulations, conformity assessment procedures and legal and institutional
India may be an 8-month market in FY25 due to polls, efforts to improve margins will continue: L&T CFO
Reacting to the stock market's negative response to the company's performance in Q4FY24, Raman said that investors should look at profitability in a holistic manner and not focus only on a particular parameter.
